Lukoil

Lukoil starts developing its new block on Mexican shelf

National Commission on Hydrocarbons of Mexico has approved five drilling plans for 2019 submitted by foreign offshore operators. One of these plans belongs to Russian Lukoil.

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LUKOIL maintains stable load of refineries in Russia and abroad

LUKOIL's refineries increased processing volumes by almost 1% over the first three quarters of the current year compared to the same period last year, the company reported in its production res

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In the first 9 months of 2018, Lukoil increased hydrocarbons production by 3.7%

​In the third quarter of 2018, average daily hydrocarbons production of Lukoil, excluding the West Qurna-2 project in Iraq, increased by 1.7% quarter-on-quarter and amounted to 2.327 million barrel

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Lukoil to switch part of its car fleet to natural gas due to Gazprom Gas-Engine Fuel

Gazprom Gas-Engine Fuel and Lukoil have signed an agreement on cooperation and business partnership in use of natural gas as a motor fuel.

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Alekperov thinks it’s too early to talk about reduction of oil production in 2019

It is too early to talk about a possible reduction in oil production within OPEC+ in 2019, the price of oil is quite high, Lukoil’s head Vagit Alekperov noted.

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Stabilization of fuel market has already cost Lukoil 8.5 bln rubles

The lost profit of Lukoil for 4 months of stabilization of the Russian fuel market has amounted to about 8.5 billion rubles. This was stated by head of the company Vagit Alekperov on Monday.

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Lukoil receives right to look for oil at Terpeevsky license site for 5 years

Lukoil-Western Siberia (100% subsidiary of Lukoil) has obtained the right for subsoil use of the Terpeevsky license site.

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Lukoil and Eni exchange of assets on shelf of Mexico

Lukoil and Italian Eni have signed an agreement on exchange of shares in Blocks 10, 12 and 14 on the shallow shelf of Mexico.

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In January-October 2018, oil production in Russia grew by 1.1%, export fell by 1.4%

In January-October 2018, oil production in Russia increased by 1.1% compared to the same period in 2017 and amounted to 460.815 million tons.

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Alekperov, after paying off shares, owns 26.06% of LUKOIL

Alekperov informed LUKOIL that after paying off of the repurchased shares, he owns 26.06% of the company's ordinary shares. This was reported by the issuer.

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