When was LUKOIL founded?

LUKOIL was founded in 1991 and raised its 1st funding round 24 years after it was founded.

Where is LUKOIL located?

LUKOIL is headquartered in Moscow, Russia.

How many employees does LUKOIL have?

As of May 31, 2026, the latest employee count at LUKOIL is 6683.

Is LUKOIL a funded company?

LUKOIL is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Jun 08, 2015.

When was the latest funding round of LUKOIL?

LUKOIL's latest funding was a $***** Grant (prize money) round on Sep 01, 2021, with participation from 1 investor.

Where does LUKOIL rank among its competitors?

LUKOIL ranks 73rd amongst 2362 active competitors, of which 158 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Eni Next, which secured an undisclosed amount in Apr, 2025.

Who are the top competitors of LUKOIL?

LUKOIL's top competitors include Shell, Petrobras and Archrock. Among them, Eni Next secured the most recent funding round in April, 2025.

LUKOIL - 2026 Company Profile, Funding & Competitors

LUKOIL is a public company based in Moscow (Russia), founded in 1991. It operates as a Provider of integrated upstream and downstream oil & gas services. LUKOIL has raised an undisclosed amount in funding. The company has 2362 active competitors, including 158 funded and 889 that have exited. Its top competitors include companies like Shell, Petrobras and Archrock.

Company Details

Website: lukoil.com
Social
Email ID: *****@lukoil.com
Phone Number: +7 **********

Key Metrics

Founded Year

1991

Location

Moscow, Russia

Stage

Public

Latest Funding Round

Grant (prize money), Sep 01, 2021, $*****

Investors

Kingdom Holding Company & 1 more

Ranked

73^rd among 2362 active competitors

Employee Count

6,683 as on May 31, 2026

Investment & Acquisitions

Yandex & 4 more

Similar Companies

Shell & 4595 more

Exit Details

Public

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LUKOIL got listed on May 07, 1997.

Click here to take a look at LUKOIL's IPO in detail

LUKOIL has raised funding over 2 rounds. Its first funding round was on Jun 08, 2015. Its latest funding round was a Grant (prize money) round on Sep 01, 2021 for $*****. 1 investor participated in its latest round. LUKOIL has 2 institutional investors.

Here is the list of recent funding rounds of LUKOIL:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 01, 2021	6926950	Grant (prize money)	4868403	4468086	6135999	9817462
Jun 08, 2015	2059683	Conventional Debt	1834184	9472061	5010863	2312821

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LUKOIL's employee count trend

LUKOIL has 6,683 employees as of May 26. Here is LUKOIL's employee count trend over the years:

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Top competitors of LUKOIL include Shell, Petrobras and Archrock. Here is the list of Top 10 competitors of LUKOIL, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shell 1907, London (United Kingdom), Public	Provider of natural gas & oil exploration, refining, midstream, and upstream services	-	Pierce Mason Private Equity, Gov & 4 others	83/100
2nd	Petrobras 1953, Rio de Janeiro (Brazil), Public	Provider of oil and gas exploration services	-	Helios, BNDES & 2 others	74/100
3rd	Archrock 1954, Houston (United States), Acquired	Provider of natural gas compression solutions for midstream companies	$15M	New Enterprise Associates, Shasta Ventures ... & 4 others	73/100
4th	Targa Resources 2003, Houston (United States), Public	Provides midstream natural gas and NGL services	-	Stonepeak Infrastructure Partners, Greenleaf Trust ... & 3 others	73/100
5th	Tourmaline Oil 2008, Calgary (Canada), Public	Oil & gas exploration and production company	$484M	-	72/100
6th	Eni Next 1953, Boston (United States), Public	Provider of exploration, production, and distribution services of oil & gas	-	B Capital Fund, Public Investment Fund & 4 others	71/100
7th	LOTOS 1972, Gdansk (Poland), Acquired	Crude oil production, processing, distribution, and retailing company	-	Penton Partners, Europa	70/100
8th	Devon Energy 1971, Oklahoma City (United States), Public	Exploration and Production company	$3.78B	Colt Ventures, Windcrest Partners & 1 others	69/100
9th	OMV Group 1956, Vienna (Austria), Acquired	Provider of oil & gas exploration and production services	-	ADNOC, ADNOC & 2 others	69/100
10th	TotalEnergies 1924, Paris (France), Public	Integrated energy company producing and marketing energy sources	-	Global Infrastructure Partners, BPE Partners ... & 3 others	69/100
73rd	LUKOIL 1991, Moscow (Russia), Public	Provider of integrated upstream and downstream oil & gas services	-	Kingdom Holding Company, Europa	58/100

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LUKOIL has not made any investments yet. LUKOIL has made 5 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 06, 2024	Acquisition	Yandex	1997	Moscow (Russia)
Aug 22, 2022	Acquisition	FC Spartak Moscow	1992	Moscow (Russia)
Jun 16, 2022	Acquisition	Enel Russia	1962	Moscow (Russia)