Private company

L1 Energy

British oil and gas investment company

L1 Energy is an oil and gas investment company controlled by the Russian billionaire Mikhail Fridman, through Alfa Group, and chaired by Lord Browne. On 2 March 2015, it was announced that Lord Browne was the executive chairman, and would be renouncing his other roles to build a major new oil and gas company from scratch.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

2015Founded1
  • Industrypetroleum industry1
  • Legal formcompany1

L1 Energy is an oil and gas investment company controlled by the Russian billionaire Mikhail Fridman, through Alfa Group, and chaired by Lord Browne. On 2 March 2015, it was announced that Lord Browne was the executive chairman, and would be renouncing his other roles to build a major new oil and gas company from scratch.2

Corporate structure

L1 Energy sits at the top of its group. 4 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • L1 Energy
    • DEA AG Subsidiary · Hamburg
      • Gasolin Subsidiary · Hanover
      • Maschinen und Apparatebau-AG Subsidiary · Germany

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. 2015Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2