Vagit Y. Alekperov

Filed Under » ,
Dictionary Says

Definition of 'Vagit Y. Alekperov'

The founder of major Russian oil company Lukoik. Lukoil began as Langepas-Uray-Kogalymneft, a Russian state-owned energy company that Alekperov helped to found in 1991. He became the company's president when it became Lukoil in 1993. Alekperov owns a 20% stake in Lukoil, which is an international energy giant.
Investopedia Says

Investopedia explains 'Vagit Y. Alekperov'

Born in 1950 in Azerbaijan, Alekperov took after his father and began working in the oil industry at age 18. He studied to become an engineer at the Azerbaijan Oil and Chemistry Institute and worked for the oil companies Kaspmorneft, Surgutneftegaz, Bashneft and Kogalymneftegaz before becoming deputy minister of the Soviet Union's oil and gas industry. His position as deputy minister led him to the formation of Lukoil.

Articles Of Interest

  1.

    Uncovering Oil And Gas Futures

    Find out how to stay on top of data reports that could cause volatility in oil and gas markets.

  2. ETFs Provide Easy Access To Energy Commodities

    Hedge against rising energy prices and diversify your portfolio with these funds.

  3. Fueling Futures In The Energy Market

    The energy market influences every aspect of our lives, and these four options are its driving force.

  4. Accounting For Differences In Oil And Gas Accounting

    How a company accounts for its expenses affects how its net income and cash flow numbers are reported.

  5. Oil And Gas Industry Primer

    Before jumping into this hot sector, learn how these companies make their money.

  6. Unearth Profits In Oil Exploration And Production

    Drill down into financial statements to tap into the right companies and let returns flow.

  7. The Biofuels Debate Heats Up

    Interest in these new energy sources is growing. Should you buy in?

  8. George Soros: The Philosophy Of An Elite Investor

    George Soros spent decades as one of the world's elite investors, and even he didn't always come out on top. But when he did, it was spectacular.

  9. Playing The Big Winners In U.S. LNG

    For U.S. producers of natural gas, exporting that bounty is seen a necessary way to profit from higher demand overseas as well as higher prices. The potential of those exports received a major ...

  10. Investors Already Thinking Recovery For Cummins

    Cummins is still bottoming, but the Street is already thinking recovery
comments powered by Disqus
Marketplace
Hot Definitions

  1. Xenocurrency

    A currency that trades in markets outside of its domestic borders.

  2. Wanton Disregard

    A standard of severe negligence. Wanton disregard is a very serious accusation that indicates that a person behaved extremely recklessly.

  3. Ultra ETF

    A class of exchange-traded funds (ETF) that employs leverage in an effort to achieve double the return of a set benchmark.

  4. Toehold Purchase

    A purchase of less than 5% of a target company's outstanding stockmade by an acquiring company. A toehold purchase of just under 5%, while not a significant stake in a firm, allows the shareholders a "toe-holds" grip on the company and its decision making.

  5. Samurai Bond

    A yen-denominated bond issued in Tokyo by a non-Japanese company and subject to Japanese regulations.

  6. Chartalism

    A non-mainstream theory of money that emphasizes the impact of government policies and activities on the value of money.
Trading Center
http://sp.fastclick.net/ad/tr/10858-64082-15546-0?mpt=f5f489d9f1db27a924452131501c4606