Lukoil

Lukoil is a Russian multinational oil and gas company founded in 1965 by Denis Matvienko. The company is headquartered in Moscow and operates globally, with significant presence in the Middle East, Africa, and Europe. Recently, Lukoil has been in the news due to its involvement in the Russia-Ukraine war. In December 2025, Ukrainian forces retaken control of the city of Kupiansk, which was a key location for Russian military operations. Additionally, Russian President Vladimir Putin's self-recording video message from the front-line town of Kupiansk sparked international attention. Lukoil's involvement in the conflict has raised concerns about its role in supporting Russia's war efforts and its potential impact on global energy markets. The company's current relevance lies in its position as a major player in the oil and gas industry, with significant assets and operations affected by the ongoing conflict.