Reserves of the Caspian field LUKoil may amount to 140-150 mln tons
The hydrocarbon reserves of the new gas condensate field discovered by Lukoil in the Caspian Sea within the geological structure Titonskaya can amount to 140-150 million tons…
Lukoil’s global trading arm scales back operations following sanctions
The Swiss trading arm of Russian energy giant Lukoil has scaled back operations after the oil company cut its supply of capital to guarantee nearly…
LUKOIL will put into operation a new field in the Caspian Sea in 2022
Azat Shamsuarov, First Vice President of LUKOIL, and Sergey Kochkurov, Vice President for Oil and Gas Production of the company, met with Governor of the…
LUKoil to pay $ 1.45 billion for the acquisition of a share in Shah Deniz
LUKOIL signed amendments to the agreement on the acquisition from Petronas of a stake in the Shah Deniz project (Azerbaijan), concluded on October 7, 2021….
LUKoil decided to build offshore wind turbines around the Absheron peninsula
LUKoil-Ecoenergo LLC (Rostov-on-Don, LUKoil structure) held a tender for the development of a preliminary feasibility study for the construction of an offshore wind farm (WPP) in the Absheron Peninsula region….
LUKoil and Kazmunaigas signed an agreement on the Kalamkas-Sea project
Russian LUKoil and Kazakhstan’s Kazmunaigaz signed a binding agreement on the basic principles for the large Kalamkas-Sea project in the Kazakh sector of the Caspian…
“LUKoil” şirkətində Vahid Ələkbərovun payı artıb
Rusiyanın “LUKoil” neft şirkətində rəhbəri Vahid Ələkbərovun payı hazırda (30 sentyabr tarixinə olan vəziyyətə görə) 28,33 %, strateji inkişaf üzrə vise-prezidenti Leonid Fedunun isə payı 9,32 %-dir. “Report” “1Prime”a…
Lukoil increases share in Azerbaijan’s offshore Shah Daniz project
Lukoil announces conclusion of an agreement on acquiring 15.5% interest in the Shah Daniz gas project in the Azerbaijani sector of the Caspian Sea from…
B. Aslanbayli: bp remains committed to Azerbaijan
Russia’s private company LUKOIL isacquiring a 25% participating interest in the Shallow Water Absheron Peninsula (SWAP) exploration project operated by bp and located in the…
bp to sell 25% stake in SWAP exploration project in Azerbaijan
bp has agreed to sell a 25% participating interest in the Shallow Water Absheron Peninsula (SWAP) exploration project in the Azerbaijan sector of the Caspian…
LUKoil President Reveals Plans for the North Caspian
LUKOIL has submitted for approval the reserves of the Severo-Rakushechnoye field in the amount of about 30 million tons, the president of the company, Vagit…
LUKOIL wants to be the operator of the Dostlug project in the Caspian Sea
LUKOIL would like to be the operator of the Dostlug project in the Caspian Sea, the president of the company Vagit Alekperov told reporters on…
LUKoil made a new discovery in the Caspian
LUKoil made a new discovery in the Caspian at the Titonskaya structure, hoping that in the coming years it will increase oil production, said the…
Oil company “LUKOIL” has appointed its representative in Turkmenistan
Stepan Gurzhiy, General Director of “LUKOIL” Uzbekistan Operating Company, has also been appointed representative of the President of “LUKOIL” in Turkmenistan, Azerbaijan, Kazakhstan and Uzbekistan….
LUKOIL to Control Operations in Azerbaijan through Its Tashkent Office
General Director of LLC LUKOIL Uzbekistan Operating Company Stepan Gurzhiy was also appointed the representative of the President of LUKOIL in Azerbaijan, Kazakhstan, Uzbekistan and…
LUKoil Wants to Integrate into New Offshore Projects in Azerbaijan
The Russian company LUKoil is interested in expanding cooperation with the State Oil Company of Azerbaijan, and may take part in new projects for the…
LUKoil is interested in projects in the Turkmen sector of the Caspian Sea
The head of LUKoil Vagit Alekperov again visited Turkmenistan on a working trip and met with President G. Berdimuhamedov. This was announced by the government…
LUKOIL Holds Staff Appointments among Top Managers
“In connection with the election of Ravil Maganov to the post of chairman of the Board of Directors of PJSC LUKOIL, Vadim Vorobyov has been…
Lukoil Expects to Restore Gas Production in Uzbekistan during Year
Lukoil expects restoration of gas production in Uzbekistan before the end of 2020, Pavel Zhdanov, vice president of corporate development and investor relations, said during…
LUKOIL commissions digital substation in Perm Region
LUKOIL commissioned its first digital power substation at Chashkinskoye field in Perm Region. The new facility distributes and delivers electric power from a gas turbine…
LUKOIL presents its global oil market forecast in Europe
LUKOIL unveiled its long-term forecast for the world’s liquid hydrocarbons market in Brussels, Belgium. The forecast addresses challenges of the energy transition and analyzes how structural…
LUKOIL and Yamal-Nenets district define priority social projects for 2020
LUKOIL and the Yamal-Nenets Autonomous District concluded a supplementary agreement on cooperation for 2020, defining priority actions to facilitate social and economic development of the region….
LUKOIL completes reserves estimate as of the end of 2019
“LUKOIL” announces the results of the reserves assessment and independent audit as of December 31, 2019. According to the SEC classification, the Company’s proved hydrocarbon reserves…
Lukoil plans to start oil production at Caspian field in 2023
Lukoil plans to start industrial oil production at the Rakushechnoye field in the Caspian Sea in 2023, the company said. The expected or stable level…
Lukoil 1H2018 production up
In the first half of 2018 LUKOIL Group’s hydrocarbon production excluding West Qurna-2 project was 2,287 thousand boe per day, which is 3.2% higher year-on-year….
Lukoil advances Caspian field expansion
LUKOIL completed transportation and started installation of the substructure for the wellhead platform (mini offshore ice-resistant fixed platform) at the Vladimir Filanovsky field in the…
Lukoil takes fid on the Rakushechnoye field
PJSC “LUKOIL” took the final investment decision on the Rakushechnoye field development project in the Caspian Sea. The field infrastructure under the taken decision includes…
Lukoil opens new terminal in Volgograd
A new terminal for the loading of bitumen products and lubricants was opened at LUKOIL’s wholly-owned refinery in Volgograd, today. The opening ceremony was attended…
KazMunayGas and Lukoil sign an agreement on Caspian project
President of LUKOIL Vagit Alekperov and Chairman of the Management Board of the National Company KazMunayGas Sauat Mynbayev signed a Principles Agreement on Zhenis license…
LUKOIL reports 1Q2018 financial results under IFRS
PJSC “LUKOIL” today released its condensed interim consolidated financial statements for the three-month period ended 31 March 2018 prepared in accordance with International Financial Reporting…
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