A mixture of vanadyl porphyrin complexes was obtained from a metal-porphyrin concentrate (MPC) isolated from crude petroleum by selective extraction. The petroleum MPC was subjected to demetallization and the subsequent introduction of the vanadyl cation into the porphyrin ring. It was shown that the mixture of vanadyl-porphyrin complexes obtained from MPC catalyzes the cyclohexene epoxidation reaction. On the basis of experimental data, it was assumed that the mechanism of olefin oxygenation in the presence of vanadyl porphyrin complexes is similar to the mechanism of the Prilezhaev epoxidation reaction of unsaturated compounds.