Lukoil

Gas production in Russia decreased by 6% in the first quarter

According to operational summary of the Central Dispatch Department of the Fuel and Energy Sector, in the first quarter of 2020, volume of gas prod

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In March 2020, oil production in Russia decreased slightly compared to February to 1.54 million tons per day

In March 2020, average daily production of oil and gas condensate in Russia was 1.5408 million tons per day.

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Transneft reaches an agreement with Surgutneftegaz

Transneft has settled claims for supply of chlorine oil with Surgutneftegaz, a representative of the pipeline company told the Kommersant.

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Lukoil has signed a loan agreement with Citibank for $500 million

Lukoil's Board of Directors has approved a guarantee for Lukinter Finance B. V. to Citibank N.

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Russian oil refineries reduce petrol supplies to domestic market by 3%

In January-February 2019, Russian oil refineries reduced supply of motor petrol to the domestic market by 2.9%, it follows from data of the Central

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Fitch: Russian oil companies to have to reduce investment by 10-20%

At current oil prices, Russian companies will have to reduce investment by at least 10-20%.

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Saratovorgsintez intends to complete overhaul at enterprise in October 2020

Saratovorgsintez (part of Lukoil group) plans to carry out a stop overhaul in summer and autumn of 2020, it follows from the group's materials.

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Fedun about low price of oil for shale oil production in the United States: not to kill it, but to hurt badly

A significant drop in global oil price will reduce production of shale oil in the United States, but not completely, Lukoil's vice-president Le

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Fedun estimates the Russian Federation's ability to increase oil production at just 0.3 million barrels per day

Russia will only be able to increase oil production slightly, and in two or three years, the production may begin to decline, Lukoil's vice-pre

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Investment cut in new reality for oil sector

Amid falling prices for Russian Urals oil below $ 20 per barrel, oil companies began to review investment plans.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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