To keep an economy growing,we also have to keep putting oil into enegy expansion.
A major oil and energy player is LUKOIL, which with2012 sales of 139 billion, produces and distributes a wide range of petroleum and energy products such as gasoline, heating oil, crude
petroleum, jet fuel, lubricants, natural gas, andpetrochemicals. It is listed in both fortune’s and frobes’ world’s 100 largest companies are government-ownes, such as in Saudi Arabia, iran, and Venezuela. Among privately owned oil firm, LUKOIL is the world’s fourth largest, accounting for 17 percent of Russian crudu oil production and refining.