Is Russia about to abandon the OPEC deal?
Is it expedient to discuss some quota reductions?
LukOil
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Lukoil, Basra Oil Company sign plan to double Iraqi West Qurna 2 crude output in 2025
Lukoil, Basra Oil Company sign plan to double Iraqi West Qurna 2 crude output in 2025
Iran sees Russia as natural energy sector partner
Two oil producers that are the target of U.S. sanctions could establish a solid partnership in the energy sector
Russia leads planned and announced projects count to 2025
A total of 43 crude and natural gas projects are expected to start operations in four countries in the Former Soviet Union
Lukoil oilmen vote on Caspian Sea
Today, the early voting was held at the Lukoil facilities in the Caspian Sea for the first time. 424 persons participated in the presidential elections, the press-service of the Lukoil-Nizhnevolzhskneft (Lukoil's subsidiary) …
Lukoil hopes to sign new field development agreement with Kazakhstan
Lukoil expects to sign a new Caspian fields development agreement with Kazakhstan in the near future, Chief Executive Officer of the Russian oil major Vagit Alekperov said. "The legislation of Kazakhstan has been …
Will Novak to decide fate of OPEC deal?
Russia’s oil industry will continue to monitor implementation of a global OPEC+ deal on cutting oil production, and Energy Minister Alexander Novak will take a final decision independently, Lukoil CEO Vagit Alekperov said. …
Lukoil CEO: exit from OPEC deal should be smooth
Lukoil CEO Vagit Alekperov said that Russia should start exiting a global oil output cut deal if crude prices remain at $70 per barrel for more than six months. "If the price of $70 remains for more than half a …
Russia aims to dominate Middle East energy
The massive size of the agreements is a very important data point for western oil and gas firms
LUKOIL increases production in the Caspian Sea
One of Russia’s biggest oil companies has completed drilling its eighth well in the Caspian Sea. Lukoil is now waiting to turn on the tap for the additional resources that will be unleashed from the Vladimir Filanovsky field, put in …
Ten more years of sanctions
Sanctions against Russia are likely to stay in place for at least the next 10 years, the country’s second-largest oil company has said, at a time of sharply deteriorating relations between Moscow and the west, Financial Times …
Nelli Alekperova: "Mother is everyone's main teacher"
President of the LUKOIL Charity Fund visited Perm on Teacher's Day
Iran seeks foreign partners
There was no OPEC's pressure on Iran to join the cuts
Why are they afraid of expensive oil?
Russia should think through a smooth exit from the oil production cut deal between OPEC and non-OPEC nations, which will protect the market from a shortage of raw materials, the President of Russian oil major Lukoil Vagit …
Lukoil to continue its work in Turkey
Lukoil does not plan to reduce the share of its presence at the foreign markets and, in particular, to leave Turkey, the head of the company, Vagit Alekperov told journalists. According to him, the presence of the company in …
Foreign investment key to developing Caspian reserves
Iran attracts investors to develop deep-sea offshore deposits in the north of the country
Lukoil and Iran review Mansuri field development plan
Russia's Lukoil presented the development plan for the Mansuri oil field to the National Iranian Oil Company. The plan was considered at the special committee meeting. The documentation of Pertamina, Indonesian state-owned oil …
Lukoil CEO blames market speculators for oil price decline
President of Russian oil major Lukoil Vagit Alekperov believes that the temporary decline in oil prices was caused by speculators on the market and fears its sharp growth. "We all, including analysts and …
Sberbank becomes most valuable Russian bank
Sberbank became the only Russian brand in the Top100 of the banking rating and the only Russian banking brand in the Brand Finance Global 500, its brand value has increased by 33% over the last year (almost 570 billion rubles). …
Lukoil interested in Middle East
Lukoil's Middle East head sees oil at $55-$65 a barrel on cuts
