Lukoil

Lukoil has summed up preliminary results of its activities in 2019

A meeting of Lukoil’s Board of Directors was held in Moscow, where preliminary results of the company's activities in 2019 were summed up and tasks for 2020 were set for implementation of

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Why Russian oil companies have become active in Africa

When the first Russia-Africa summit was held in October 2019, most industry observers believed that many of the projects under discussion would not pass the FID (final investment decision) stage.

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Lukoil has defended Varandey

Lukoil has won an interim victory in a dispute with the FAS on tariffs for oil transshipment at the Varandey terminal in the Pechora Sea.

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Stavrolen resumes production of polyethylene and polypropylene after repair

Stavrolen (part of Lukoil) has resumed production of polyolefins after an unscheduled stop in December, the Market Report agency informs with reference to representatives of the plant.

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Interview with head of the Finance Ministry’s Tax Department Alexei Sazanov: “It is better now to force refineries to modernize”

The Head of the Finance Ministry’s Tax Department Alexei Sazanov has told the Kommersant about tax benefits for oil industry and attempts to stimulate modernization of refineries.

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Lukoil to direct on dividends of 100% of its free float

On Thursday, Lukoil’s Board of Directors approved changes to the company's dividend policy.

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Lukoil strengthens its position in the Kazakh sector of the Caspian Sea

The President of the Republic of Kazakhstan Kasym-Jomart Tokayev received Lukoil’s president Vagit Alekperov in Nur-Sultan.

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Lukoil to increase investment into geological exploration 1.5 times

Lukoil is going to dramatically increase investments in geological exploration in 2020 – 1.5 times to 66 billion rubles.

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Petrochemical plants in Russia bought almost 3 million tons of LPG in January-October

In January-October 2019, production of liquefied petroleum gases (LPG) in Russia decreased to 12 million tons, the Argus agency reports, citing data from the Energy Ministry of the Russian Federati

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Lukoil to pay 192 rubles per share

Lukoil will pay dividends in the amount of 192 rubles per share for the first nine months of 2019. As the company reported, the decision was approved by its shareholders.

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