Lukoil

Lukoil’s Board of Directors to discuss monetization of gas reserves

Lukoil’s Board of Directors will decide on convocation of an extraordinary meeting of the company’s shareholders at the meeting on July 19, it follows from the message of the issuer.

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Lukoil doesn’t intend to sell retail business on territory of Russia

Lukoil hasn’t planned to sell retail business in Russia, the mass media report, citing the company's first vice-president Vadim Vorobyov.

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In 2017, Lukoil increased gas reserves at the field n.a.Kuvykin by 35 bln cubic meters

In 2017, increase in recoverable gas reserves at the field n.a.

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In 2017 LUKOIL increased its gas reserves at Kuvykin deposit by almost 35 billion cubic meters

In 2017 LUKOIL ensured an increase in recoverable gas reserves at the Kuvykin field on the Caspian Sea shelf by 34.56 billion cubic meters in category B1.

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Russian General Board of State Expert Review considers projects of Yaregskoye oil field infrastructure development

As part of the implementation of the projects, the 3rd stage of the development of the Yaregskaya site will be held within the licensed area of Lukoil-Komi, as well as the second stage of the 1st p

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Russian geological companies start works in Syria

Exploration works on the Syrian shelf are already being carried out by Russian enterprises. The work is also planned on restoration and construction of thermal power plants in the country.

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Saratovorgsintez plans to stop for repairs in September-October 2018

Saratovorgsintez (a subsidiary of LUKOIL) plans to stop for overhauling in the fall of 2018.

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Lukoil interested in evaluation of resources of the Okhotsk, Bering and Japanese Seas

Lukoil has instructed the All-Russian Research Geological Oil Institute to assess prospects of oil and gas potential of the Okhotsk, Bering and Japanese Seas.

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Lukoil receives license for the East-Chukhlorsky site in Yugra

Lukoil-Western Siberia (100% subsidiary of Lukoil) has received a license for geological study of the East-Chukhlorsky site. It includes prospecting and evaluation of mineral deposits.

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Rosneft’s shipyard Zvezda is underloaded by a third

According to the Kommersant’s sources, the updated plan of loading of Zvezda shipyard, which is constructed by Rosneft, Rosneftegaz and Gazprombank (GPB), was one-third lower than estimated o

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