Lukoil is Russia’s second largest oil company and its second largest producer of oil as of 2005. In 2012, the company produced 89.856 million tons of oil (1.813 million barrels per day).
Headquartered in Moscow, Lukoil is the second largest public company (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.