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Lukoil has concluded Zhenis block's exploration and development in Kazakhstan

PJSC Lukoil, the Ministry of Energy of the Republic of Kazakhstan and JSC NC KazMunayGas have concluded a contract for the exploration and development of hydrocarbons on the Zhenis block in the Kazakh Sector of the Caspian Sea. Zhenis Operating LLP (50/50 joint venture between Lukoil and KazMunayGas) will be operator of the project.

read more... 04/04/2019

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Lukoil may sign agreement on new offshore block in Kazakhstan

Russian energy company Lukoil will be ready to sign an agreement with Kazakhstan on a new offshore project in the Caspian Sea this May, CEO of the Russian oil producer Vagit Alekperov told Tass.

read more... 21/03/2019

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LUKOIL drilled the 2nd well in the Eastern part of the Yuri Korchagin field

LUKOIL completed the construction of the 2nd production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea.

read more... 15/11/2018

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Daily (10.09.2018): Carbon contracts posted a 10% weekly gain on Friday

Friday saw a steady evolution in oil prices, with U.S. crude dropping on weak global equity markets, while Brent saw an upward trend due to geopolitical factors, including violent protests in the southern Iraqi city of Basra. Brent crude price rose by 0.4% to close at $76.83 a barrel, resulting in a 0.8% decrease for the week. In spite of the fact that Iraqi protesters entered a 400,000 barrel per day oilfield facility operated by Lukoil and held two staff members hostage, WTI crude insignificantly slipped to trade at $67.75 a barrel.

read more... 10/09/2018

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Lukoil and Romgaz start exploration campaign in Black Sea

Russian oil company Lukoil and Romanian gas producer Romgaz will drill several exploration wells in the Black Sea Trident perimeter.

read more... 22/08/2018

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