Lukoil

LUKOIL extracts 100 million tons of oil from West Qurna-2 field

The cumulative oil production at the West Qurna-2 field as part of the successful implementation of the first phase of the project reached 100 million tons.

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Sevkabel to transfer part of the production to the Samara Region.

The cable plant Sevkabel will relocate part of the production from St. Petersburg to the Samara Region, the company informs.

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LUKOIL to build power plant at Zhilinsky field in 2020

The output of the gas turbine power plant is to reach 16 MW.

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Lukoil annually invest 500 bln rubles in oil production and almost doesn’t export petrol

Lukoil successfully completed 2018 and managed to stabilize hydrocarbon production. This was reported by head of the company Vagit Alekperov to the Russian President Vladimir Putin.

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Lukoil buys back its shares and receipts for 2.48 billion rubles and $63.9 million from April 8 to 12

Lukoil Securities Limited acquired 435.5 thousand shares during this period.

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Azerbaijani-German joint venture Turan Drilling & Engineering becomes BP contractor for projects in Azerbaijan, cost of contract - $500 million

The British company BP has signed a contract for drilling wells and design and engineering work in the Azerbaijani sector of the Caspian Sea worth $500 million, the press service of the company sai

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Vagit Alekperov: Excess-Profits Tax can give a second impetus to the development of Western Siberia.

The tax on added income can provide a second incentive for the development of Western Siberia.

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LUKOIL drills first production wells at two gas condensate fields in Yamal

LUKOIL-Western Siberia has begun production drilling at two gas condensate fields of the Bolshekhetskaya Depression in the Yamal - Nenets Autonomous Area.

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LUKOIL may buy Ammonium for $1 billion

LUKOIL may unexpectedly purchase Tatarstan's Ammonium, which is in a pre-bankrupt state.

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Oil companies ask not to take away their used pipes

As it became known to Kommersant, the largest Russian oil companies are unhappy that they can no longer use used pipes, as the Federal Service for Supervision of Natural Resource Usage (Rosprirodna

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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