LUKOIL completes acquisition
of Russian retail and lubricants assets of Shell
The final agreement on acquisition of Shell’s Russian retail and lubricants assets was signed in Moscow. The assets include the chain of filling stations primarily located in the Central and Northwestern federal districts of Russia, and lubricants blending plant located in Tver region. The sale was approved by Russia’s Federal Antimonopoly Service.
“Our priority is the well-being of our employees,” said Huibert Vigeveno, Shell’s Downstream Director. “Under this deal, all the people currently working for Shell Neft, more than 350 in total, will remain employed by the company, which is now owned by LUKOIL.”
“We appreciate the fact that Shell chose our Company. I am certain that Shell’s facilities will become a great addition to LUKOIL’s other downstream assets,” noted Maxim Donde, Vice President for Refined Products Sales of LUKOIL.
of Russian retail and lubricants assets of Shell
The final agreement on acquisition of Shell’s Russian retail and lubricants assets was signed in Moscow. The assets include the chain of filling stations primarily located in the Central and Northwestern federal districts of Russia, and lubricants blending plant located in Tver region. The sale was approved by Russia’s Federal Antimonopoly Service.
“Our priority is the well-being of our employees,” said Huibert Vigeveno, Shell’s Downstream Director. “Under this deal, all the people currently working for Shell Neft, more than 350 in total, will remain employed by the company, which is now owned by LUKOIL.”
“We appreciate the fact that Shell chose our Company. I am certain that Shell’s facilities will become a great addition to LUKOIL’s other downstream assets,” noted Maxim Donde, Vice President for Refined Products Sales of LUKOIL.
A Happy Childhood
Several thousands of kids took part in celebrating the International Children's Day in Uzbekistan. The festival was organized with LUKOIL's support.
📍Tashkent, Uzbekistan
Several thousands of kids took part in celebrating the International Children's Day in Uzbekistan. The festival was organized with LUKOIL's support.
📍Tashkent, Uzbekistan
LUKOIL to develop Shell’s fuel stations network in Russia rebranded as Teboil
Following extensive discussions with the leaders and employees of Shell’s filling station network in Russia, acquired by LUKOIL last month, the decision was made to preserve the business as a separate subsidiary of the Company. It will develop under Teboil brand – a fuel brand that had not previously been present in the Russian market. The brand belongs to LUKOIL since 2005. The Company has already embarked upon a step-by-step rebranding of the filling stations.
Teboil was founded in Finland in 1934. It is one of the largest Finnish fuel businesses. Russian customers know the brand as the supplier of lubricants. Their imports date back to the 1960s. Now Russian market features about 150 high-quality Teboil products.
Teboil filling stations will offer new branded types of innovative fuels, as well as its own loyalty programme, integrated with LUKOIL’s one.
For more details see the press release
Following extensive discussions with the leaders and employees of Shell’s filling station network in Russia, acquired by LUKOIL last month, the decision was made to preserve the business as a separate subsidiary of the Company. It will develop under Teboil brand – a fuel brand that had not previously been present in the Russian market. The brand belongs to LUKOIL since 2005. The Company has already embarked upon a step-by-step rebranding of the filling stations.
Teboil was founded in Finland in 1934. It is one of the largest Finnish fuel businesses. Russian customers know the brand as the supplier of lubricants. Their imports date back to the 1960s. Now Russian market features about 150 high-quality Teboil products.
Teboil filling stations will offer new branded types of innovative fuels, as well as its own loyalty programme, integrated with LUKOIL’s one.
For more details see the press release
Sharing Best Practices
Oil workers of Uzbekneftegaz JSC visited production facilities of LUKOIL in Samara region.
RITEK (a LUKOIL subsidiary) specialists presented to their colleagues innovative technologies applied at fields with hard-to-recover reserves.
📍Samara region
Oil workers of Uzbekneftegaz JSC visited production facilities of LUKOIL in Samara region.
RITEK (a LUKOIL subsidiary) specialists presented to their colleagues innovative technologies applied at fields with hard-to-recover reserves.
📍Samara region
Starting from today, Leonid Fedun, who held a post of Vice President for Strategic Development of PJSC LUKOIL, has left his position due to achievement of retirement age, as well as familial reasons.
* More details on the website
* More details on the website
LUKOIL approved Energy Saving and Energy Efficiency Improvement Program for entities of the LUKOIL Group for 2023 and for the period of 2024-2025.
For more details see the press release
For more details see the press release
A Piano Solo
Thanks to LUKOIL’s support, the IX international Piano Loop Festival took place in Split, Croatia.
The Festival included concerts played by world-class pianists and young performers, such as Mikhail Pletnev, Dmitry Shishkin, Alim Beisembayev, Ivan Krpan and Lukas Vondracek.
LUKOIL supports important culture projects in its regions of operation and helps to promote careers of the new generation of talented musicians.
#Croatia
Thanks to LUKOIL’s support, the IX international Piano Loop Festival took place in Split, Croatia.
The Festival included concerts played by world-class pianists and young performers, such as Mikhail Pletnev, Dmitry Shishkin, Alim Beisembayev, Ivan Krpan and Lukas Vondracek.
LUKOIL supports important culture projects in its regions of operation and helps to promote careers of the new generation of talented musicians.
#Croatia
Palm Biodiesel
LUKOIL's Italian refinery began production of biodiesel with addition of palm oil materials.
This renewable element of the fuel reduces carbon footprint of the end product and allows for efficient use of byproducts of oil manufacturing. The resulting biofuel fully meets the high quality standards of LUKOIL.
#Environment
#Production
LUKOIL's Italian refinery began production of biodiesel with addition of palm oil materials.
This renewable element of the fuel reduces carbon footprint of the end product and allows for efficient use of byproducts of oil manufacturing. The resulting biofuel fully meets the high quality standards of LUKOIL.
#Environment
#Production
We deeply regret to announce that Ravil Maganov, Chairman of PJSC LUKOIL Board of Directors, passed away following a severe illness.
LUKOIL’s many thousands of employees mourn deeply for this grievous loss and express their sincere condolences to Ravil Maganov’s family.
LUKOIL’s many thousands of employees mourn deeply for this grievous loss and express their sincere condolences to Ravil Maganov’s family.