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Forbes named ten Russian businessmen, who earned a total of over $11 billion from the sale of assets and dividends in 2018. The list is topped by retailer Magnit’s founder Sergei Galitsky. Mikhail …
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. …
Ilham Aliyev held more than a dozen meetings for two days of the World Economic Forum
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 …
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 …
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. …
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 …
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 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 …
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 …
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 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 …
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 …
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 …
Russian oil major Lukoil’s margins may contract by 40–50 billion rubles in 2017 due to a higher taxation of the industry, CEO Vagit Alekperov said in an interview to Rossiya 24 television channel broadcast on …
