What Is an Oil Partnership?
Lukoil is one of the world's top ten oil companies. It is the largest oil company in Russia and a Fortune 500 company with a history of over 100 years. Its predecessor was the three major state-owned oil companies of the Soviet Union, Langepas, Ural, and Kogalymneftega. It was adopted by Resolution 18 of the Council of Ministers of the Soviet Union on November 25, 1991, and jointly established Lukoil.
Luke oil co.
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- company name
- Luke oil co.
- headquarter address
- Russia
- Business Scope
- oil
- Company Type
- Oil company
- Lukoil is one of the world's top ten oil companies. It is the largest oil company in Russia and a Fortune 500 company with a history of over 100 years. Its predecessor was the three major state-owned oil companies of the Soviet Union, Langepas, Ural, and Kogalymneftega. It was adopted by Resolution 18 of the Council of Ministers of the Soviet Union on November 25, 1991, and jointly established Lukoil.
- Company Profile
- Lukoil is a trust that integrates the exploration, extraction, refining, reconciliation, sales and transportation of crude oil and natural gas. The company's exploration and extraction fields are mainly concentrated in Russia, including some in Azerbaijan, Uzbekistan, Kazakhstan , Middle East, Colombia, and North and West Africa. There are seven large-scale oil refineries at home and abroad, with 24 branches worldwide, and the business scope covers Asia, Europe and the Americas.
- Luke Oil Company focused on diversified development and established Luke Lubricant Company, which operates independently. R & D and production of high-quality lubricant products for various vehicles, industrial equipment, ships and military industries.
Luke Lubricants International Co., Ltd.'s annual sales volume exceeds 1.2 million tons, accounting for more than 40% of Russia's market share. Its products have been supported and certified by more than 60 well-known manufacturers worldwide and sold to more than 20 countries and regions around the world.
Luke Lubricants International Co., Ltd. and Xiamen Zhonglu Petroleum Co., Ltd. have established a strategic partnership after years of trade. With the rapid development of the Chinese economy, it is agreed that the potential of the Chinese lubricant market is huge. In 2011, the two parties signed the "LUKOIL Brand China Market Sales Agreement" and authorized Xiamen Zhonglu Petroleum Co., Ltd. to operate exclusively The product entered the Chinese market in 2012.
Luke Lubricants International Co., Ltd. not only has abundant resource advantages, but also pays special attention to the research and development of the latest lubricant technology and formula for engines.
The company's science and technology department maintains close cooperation with the world's advanced scientific research organizations, continuous technological innovation, unique product performance, focus on protecting the environment, assisting in responding to climate change, and contributing to supporting the development of a low-carbon economy. [1]