Latest news

Lukoil: 2012 first quarter net profit up 7.7% on higher oil prices

The Russian oil and gas giant Lukoil saw a hike in its 2012 first quarter net profit, pushed up by higher oil and gas prices.

read more... 28/05/2012


Lukoil: Q3 net profit hit by 20 percent

The Russian oil giant Lukoil reported on Friday a 20 percent decline in its Q3 profit due to bigger taxes and the depreciation of its national currency.

read more... 25/11/2011


Lukoil reveals major investments in oil refining and petrochimical

Russian energy major, Lukoil announced its plans to invest $25 billion in oil refining and petrochemistry both in Russia and abroad in the next 10 years, said Lukoil head Vagit Alekperov .

read more... 13/09/2011


Lukoil forced to admit price fixing

The Russian Federal Anti-Monopoly Service (FAS) declared that it is starting the third wave of anti-monopoly measures against Russia's top oil companies, including country’s largest private oil company Lukoil.

read more... 03/08/2011


Bulgaria withdrew Lukoil’s refinery license

On Wednesday, the Bulgarian customs officials has withdrawn the license of the country’s biggest oil refinery, called Neftochim, which is controlled by Russia’s giant, Lukoil.

read more... 28/07/2011