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…
Prahova County Court returned Petrotel Lukoil case file to prosecutors
Prahova Court ordered, Tuesday, for the Petrotel Lukoil dossier to be restituted to the Prosecutor of Ploiești Appeal Court, after…
Record Russian and UK oil production in 2015, crude prices keep falling
Production of oil and gas condensate in Russia reached in 2015 roughly 534 million metric tons (nearly 10.72 million bpd),…
A gas reservoir of 30 billion cubic meters, discovered in the Black Sea
Lukoil, PanAtlantic and Romgaz claim to have discovered in the Romanian Offshore perimeter, a gas deposit currently estimated to at…
Lukoil: All accusations are absolutely groundless. We will not leave from Romania
Officials from Moscow of Lukoil oil group reject accusations by Romanian prosecutors on money laundering, tax evasion and Petrotel-Lukoil de-capitalization.…
Lukoil looks for oil in two new offshore drillings at the Black Sea
Lukoil plans to drill by the end of year two oil wells in Romanian waters of the Black Sea, said…
Lukoil maintains dividend growth even after crude’s plunge
OAO Lukoil’s board recommended a final dividend of 94 rubles a share for 2014, Russia’s second largest oil producer said…
Lukoil: Russia will lose 8% from its oil output in the next two years
Russian oil output is expected to fall 8 percent in the next two years, the steepest fall since President Vladimir…
Lukoil to invest in a Nigerian project with Chevron
Russia’s second-largest oil company, privately controlled Lukoil, said on Friday it planned to invest in Nigeria with U.S. oil major…