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LU
International Oil Company Integrated MCX: LKOH

Lukoil

Moscow, Russia · Established 1991 · Profile updated July 1, 2026

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Auditor Executive Assessment

Prepared by the Asian Oil Intelligence Desk · Institutional due-diligence memorandum

PJSC Lukoil is Russia's largest private oil company, vertically integrated across upstream, refining, and retail with international operations in Iraq, Uzbekistan, Mexico, and West Africa. West Siberian production anchors domestic output with refining capacity among the largest in Russia. FY2023 revenue approximated $98 billion with net income near $11 billion. The company maintained dividend payments despite sanctions, though international expansion has been curtailed and Western asset divestm...

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