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…
Rosneft offers 5 bln. USD for the majority stake in Bashneft
Russian oil giant Rosneft could be offered the controlling stake of 50,08% in the medium-sized oil producer Bashneft for some…
Lukoil will continue exploration in Trident oil concession, in the Black Sea
Lukoil will continue exploration work in the Trident area, located in the Black Sea, conveyed Lukoil First Vice President Vladimir…
Lukoil rose last year by 80% the funds available for the exploitation of hydrocarbons in Romania
Lukoil spent last year in Romania about 343.4 million dollars, up by 81% compared to the previous year, for performing…
Lukoil continues the asset sale in Eastern Europe
Lukoil Europe Holdings BV, a subsidiary of Lukoil, has concluded an agreement with the Austrian company AMIC Energy Management GmbH,…
Lukoil reduces investments, negotiates the sale of Baltic business
Lukoil plans to reduce investment this year with about 1.5 billion dollars from the amount previously expected, due to lower…