**Lukoil: A Global Energy Leader** Lukoil is one of the world's largest publicly traded, vertically integrated oil and gas companies, accounting for approximately 2% of global oil production and 1% of proved hydrocarbon reserves[1]. Founded in 1991, Lukoil has evolved into a global energy leader with operations in over 30 countries[3]. The company's mission is to efficiently develop hydrocarbon fields while serving the interests of humanity, focusing on growth, employee welfare, and community well-being[1]. **Business Operations and Achievements** Lukoil is involved in all stages of the oil and gas industry, including exploration, production, refining, and distribution. The company's hydrocarbon production reaches 2.2 million barrels of oil equivalent per day, with refining throughput of 54.3 million tonnes annually[1]. Lukoil's extensive network supplies products to over 100 countries, impacting millions of consumers worldwide[1]. Notably, the company employs over 100,000 people, contributing significantly to the global energy sector[1]. **Current Status and Challenges** Currently, Lukoil faces challenges due to international sanctions imposed on Russian entities. The U.S. has imposed sanctions on Lukoil, along with other major Russian oil companies, affecting its operations and global collaborations[2][4]. Despite these challenges, Lukoil remains a key player in the energy sector, with subsidiaries like Lukoil Perm and Lukoil Kaliningradmorneft continuing to explore and produce oil and gas in Russia[2]. **Notable Aspects** Lukoil is recognized for its robust corporate governance system, adhering to international standards and Russian regulations[1]. The company also invests in innovative technologies for enhanced oil recovery and sustainable development, such as through the Russian Innovation Fuel and Energy Company[2]. As the global energy landscape continues to evolve, Lukoil remains poised to adapt and contribute to the future of energy markets[3].