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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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Lukoil begins offshore drilling at its Romanian Black Sea perimeter

Lukoil, the third investor interested in the Romanian Black Sea gas (after OMV Petrom and Black Sea Oil and Gas controlled by investment fund Carlyle), will start drilling operations this autumn after obtaining the necessary permits, Economica.net reported.

read more... 25/07/2019

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Russia approves Lukoil’s Krasnodar power plant upgrade project

Russia -based energy firm Lukoil’s wholly owned subsidiary Lukoil-Kubanenergo has secured approval from the Russian Government to upgrade three generation units of the Krasnodar heat and power plant located in Krasnodar Region.

read more... 03/06/2019

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