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Tag: LUKoil

LUKOIL expands presence in the Gulf of Mexico

As a result of the tender held on March 27 under the First stage of the Third Licensing Round in Mexico, LUKOIL in a consortium…

LUKOIL announces financial results for 2017

PJSC LUKOIL today released its audited consolidated financial statements for the full year of 2017 prepared in accordance with the International Financial Reporting Standards (IFRS)….

LUKOIL president met Prime Minister of Iraq

Prime Minister of Iraq Haider Al Abadi held a meeting with PJSC LUKOIL President Vagit Alekperov in Baghdad. It was also attended by the Ambassador…

LUKoil invests in Russian chemical plants

Lukoil is to build a major chemical complex near Russia’s Caspian coast that uses natural gas as a feedstock Lukoil is to build a major…

Vagit Alekperov: It’s necessary to gradually get out of OPEC+ deal

In April this year, the global oil market could gain momentum and then it would be necessary to gradually withdraw from the OPEC+ deal on…

Lukoil starts development of the second stage of Filanovsky deposit

Lukoil began drilling the first production well at the second stage of the Vladimir Filanovsky deposit in the Caspian Sea. As stated in the company’s…

Lukoil Reduced Oil Production by 6.8% in H1 of 2017

Lukoil reduced oil production by 6.8% in the first half of 2017 compared to the same period last year, to 43.59 million tons. According to…

EBRD approves huge loan for Azerbaijan’s Shah Deniz-2

The European Bank for Reconstruction and Development (EBRD) will provide a $100 million loan to LUKOIL Overseas Shah Deniz Ltd to extend additional financing for…

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