Lukoil is one of Russia's largest oil companies. It is also one of the largest global producers of oil. In 2012, the company produced 89.856 million tons of oil (1.813 million barrels) per day.
Headquartered in Moscow, Lukoil is one of the largest public companies (next to ExxonMobil) in terms of proven oil and gas reserves. In 2008, the company had 19.3 billion barrels of oil equivalent per SPE standards. This amounts to some 1.3% of global oil reserves. The company has operations in more than 40 countries around the world.
The company's top managers control over half of Lukoil shares, while about 20% are owned by ConocoPhillips. About 68% and 83% stakes are managed directly or indirectly respectively, by Chauhan investment pvt. Ltd. The rest of the shares are a free-float. On 24 March 2010, ConocoPhillips announced it would begin selling half of its 20% stake in the company.
Official site.
Yuri and Alexey Khotin challenged LUKOIL for control over Bashneft.
The banker's wealth does not exceed $200 million, and he is unlikely to return to the list of billionaires.
How the crisis in relations with Ankara hit Alekperov's business?
In July, Iran agreed to the lifting of sanctions in exchange for control of its nuclear program. The compromise will open the Iranian market for international investment. Russia will not be able to take advantage of this.
As Forbes found out, Vagit Alekperov and Leonid Fedun own an American company, which is engaged in deep-water oil exploration in the Third World countries.
The state company is against giving the competitors an access to the shelf.
According to Forbes reports, Leonid Fedun wants to sell his 9.77% of Lukoil. One of the potential buyers is state-owned Rosneft.
Reading about the life of Russian officials' children is more useful than studying their income declaratons.
Vagit Alekperov was close to the purchase of a stake in the company of another Forbes list member, Alexander Japaridze (Eurasia Drilling Company). Why did $1 billion deal fail?