LukOil OAO is engaged in the exploration, production, refining, marketing and distribution of oil. It operates through the following business segments: Exploration and Production; Refining, Marketing and Distribution; Chemicals; Power Generation and Other segment. The Exploration and Production segment explores, develops and produces crude oil and gas. The Refining, Marketing and Distribution segment includes refining and transport operations; and sale of crude oil, natural gas and refined products. The Chemicals segment processes and trades petrochemical products. The Power Generation segment generates, transports, and sells electricity, heat, and other related services. The activities of the Other business operating segment include business beyond the company's traditional operations. The company was founded on November 25, 1991 and is headquartered in Moscow, Russia.