Russian Federation


LUKOIL is a vertically integrated oil and gas company that has the second largest proven oil reserves and production among major international non-government oil companies. It has 1% of global oil reserves and 2% of global oil production. It dominates the Russian energy sector with 16% of total Russian oil production and 16% of total Russian oil refining. Its main activities are the exploration and production of oil and gas, the production of petroleum products and petrochemicals, and the marketing of these outputs.

Visit the LUKOIL website

Subscribe for updates

A weekly update of what’s on the Global Agenda

© 2021 World Economic Forum

Privacy Policy & Terms of Service