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Chief executive of Lukoil Vagit Alekperov said in that it would not be expedient to deepen global oil production cuts in the winter season, especially for Russia. He said that Russia would be able to restore oil …
The international agency Brand Finance presented the annual report on the 50 most valuable and strongest Russian brands. Sberbank tops the ranking for the third time. Its brand value increased 26% to 842.2 billion rubles. …
Russian oil producer Lukoil's chief executive Vagit Alekperov said that the oil output deal between OPEC and its allies should stay in place permanently. Speaking at Lukoil's annual general meeting in Moscow, he …
Russia's Lukoil CEO Vagit Alekperov hopes the outcome of a meeting in the coming weeks between OPEC and its allies to discuss its global oil deal would allow the price of oil to rise towards $70 a barrel …
Russia has 22 companies on this year's Forbes Global 2000 list of the world's top corporations against 25 in the previous year’s ranking. Gazprom is Russia's largest for the fourth year in the row. It's …
The company continues to develop fields of the northern part of Caspian Sea
President of LUKOIL Vagit Alekperov held a meeting with Iraqi Prime Minister Adil Abdul-Mahdi in Baghdad. The meeting was also attended by the Ambassador Extraordinary and Plenipotentiary of the Russian …
Russia's oil company Lukoil highly appreciates the investment environment in Azerbaijan, the company's president Vagit Alekperov said during a meeting with President of Azerbaijan's State Oil Company SOCAR …
Russia’s company LUKOIL intends to expand its presence in Azerbaijan, head of the company Vagit Alekperov said on the sidelines of the 13th meeting of the OPEC/non-OPEC Joint Ministerial Monitoring Committee (JMMC) in …
Technological sanctions placed on Russia's oil and gas sector have negatively affected Lukoil's operations and the sphere as a whole, but it is possible to adapt to restrictions, Lukoil's President Vagit Alekperov …
The future of OPEC+ deal will become clear in April after the situation with sanctions against Iran is clarified, Lukoil President Vagit Alekperov said on the sidelines of the Russian Investment Forum in Sochi. …
Moody's Investors Service has upgraded long-term issuer ratings of 12 Russian non-financial corporates to Baa2 from Baa3. The outlooks on all these ratings have been changed to stable from positive. The companies are …
Lukoil CEO Vagit Alekperov said that the company is ready to cut oil production if Russia agrees to do this as part of the OPEC + deal. According to him, Lukoil can cut production only gradually, because …
Lukoil oil major is ready to cut oil production if Russia agrees to do this as part of the OPEC + deal, the company's CEO Vagit Alekperov told reporters. However, according to him, the company can cut production …
President of Moscow-based Lukoil Vagit Alekperov has argued that the current oil price is “fairly high” Alekperov has predicted the oil price will remain at its current levels until the end of 2018, and …
Vladimir Putin starts his visit to Uzbekistan
Russia's oil major Lukoil rose from 6th to 2nd place in the 2018 S&P Global Platts Top 250 Global Energy Company Rankings 2018. Gazprom fell to 17th place in the rating, down from 1st place in the 2017 rankings. …
There is no reason for oil to hit $100 a barrel, BP Chief Executive Bob Dudley said. "There are people who predict the oil price of $100 per barrel. I do not think it will reach $100 unless there are any …
The son of energy giant Lukoil's President Vagit Alekperov who will eventually inherit at least $17 billion has been again listed as the richest heir by Forbes Russia. The magazine said that 28-year-old …
The OPEC+ oil production cut agreement may remain in 2019 and 2020 on condition that it proves its efficiency, oil major Lukoil CEO Vagit Alekperov said on the sidelines of the St. Petersburg International Economic Forum. …
