R&D activities and awards
In addition to targeted HSE programs, LUKOIL Group R&D function annually completes projects with high implementation potential, aimed at accomplishing pressing tasks in the sphere of reducing adverse environmental impacts and reducing waste or ensuring its productive use.
The annual LUKOIL Group R&D coordination program is developed on the basis of proposals from LUKOIL Group entities, hence it includes the most in-demand projects. The R&D Committee of PJSC LUKOIL creates the respective sections of the program, while the Presidium of the R&D Committee examines and approves the program as a whole.
In 2016–2018 a number of projects were implemented to reduce greenhouse gas emissions, improve working conditions during mining extraction, and create new formulae and expand the line of oils being produced.
Based on the results of the Year of Environmental Protection that was held in Russia in 2017, PJSC LUKOIL was awarded a special prize by the Ministry of Natural Resources and the Environment of Russia in the category "For the Active Environmental Policy of Companies during the Year of Environmental Protection. " The resulting activities on environmental protection and openness to interaction with stakeholders positively reflects the Company's environmental rating positions.