Lukoil continues drilling in the Black Sea
Lukoil, one of the most powerful players in the local oil market, says this year will drill a probe in…
Lukoil invests USD 60 million in a Sicily refinery
Lukoil intends to invest over 60 million dollars in the ISAB refinery in Sicily over the next three years, according…
PETROTEL-LUKOIL’s new GM announces investment of $ 130 million in three years
Aleksei Kovalenko is the new director of the PETROTEL-LUKOIL refinery, starting with December 1, replacing Andrey Bogdanov. In his first…
Russian oil firm seeks payments in euros amid US sanction threat
Surgutneftegaz, representing 11% of oil production in Russia, is pushing buyers to agree to pay for oil in euros instead…
Gazprom and Lukoil see serious second quarter profit rise
Russian gas giant Gazprom reported a surge in second-quarter net profit, beating analysts’ expectations, as it benefited from rising energy…
CONPET obtains higher tariffs for the transport of crude oil, gasoline, condensate and ethane
The National Agency of Mineral Resources – NAMR approved the tariffs for the transport of crude oil, rich gas, condensate…
Lukoil’s profit is up 75% on the back of rising oil prices
Lukoil, Russia’s second-largest oil producer, says net profit grew 75% in the first quarter, amid world oil prices increase, according…
After 20 years in Romania, LUKOIL announces investments of more than 30 million dollars in Petrotel
Petrotel LUKOIL announces new investments in their refinery in Ploiesti, over 30 million dollars by 2020, for improving environmental footprint.…
Gazprom Neft to boost dividends as output growth beats peers
Gazprom Neft PJSC, the oil unit of Russia’s biggest natural-gas exporter, is set to boost dividends over the next few…
Rosneft, Gazprom boost combined offshore investment to $1.4B
Russia’s top oil producer Rosneft and gas giant Gazprom plan to invest a combined $1.42 billion (80.8 billion rubles) in…
Lukoil returns to quarterly profit on crude-price recovery
Russia’s No. 2 oil producer reported net income of 46.6 billion rubles ($786 million), compared with a loss of 65…
Lukoil seeks Middle East oil projects for growth as Iran opens
Lukoil PJSC is seeking opportunities for growth in the Middle East as Iran opens more of its oil fields to…
Lukoil and Conpet sign a new 62 million lei deal
Conpet will transport Lukoil’s oil next year in a contract of about 62 million lei, according to a notification submitted…
