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Gazprom Neft, Lukoil to create oil and gas JV in West Siberia

Russia's Gazprom Neft and Lukoil said Sept. 16 that they are creating a joint venture to develop an oil and gas cluster in the West Siberian Yamal-Nenets region, and are also considering further cooperation in Russia.

read more... 17/09/2021

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Lukoil and BP eye Iraq upstream exit

Ismael said in a video posted to the oil ministry's Facebook page late yesterday that Lukoil has sent him a notification to sell its stake in the 13 bn bl West Qurna 2 field and that BP wanted to pull out of Rumaila, Iraq's single biggest producing field with a capacity of nearly 1.5mn b/d.

read more... 05/07/2021

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Russia’s Oil Giant Lukoil Plans $100B Investment Over Ten Years

As part of a new development strategy, Lukoil plans to invest more than US$100 billion in various projects, primarily in Russia, Vagit Alekperov, the chief executive of Russia’s second-largest oil producer, told President Vladimir Putin during a meeting on Tuesday.

read more... 29/01/2020

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Lukoil to sign $10 bln oil supply contract with Hungary's Mol

Russia’s second-largest oil producer Lukoil will sign a contract worth $10 billion to supply oil to Hungarian energy company MOL, Lukoil Chief Executive Vagit Alekperov said on Wednesday.

read more... 31/10/2019

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Romania gives Lukoil Overseas green light to start drilling Trident perimeter in Black Sea

According to Seenews, Romania has given Lukoil Overseas Atash, a Dutch subsidiary of Russia's Lukoil, the green light to start drilling the Trident perimeter of the Romanian waters of the Black Sea, said the regulatory authority for offshore oil operations, ACROPO.

read more... 31/10/2019

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