LUKOIL company announced that it enters into an agreement to acquire operation stake of 50% in the Area 4 project in Mexico by acquiring the operator’s holding company for $435 million.

Lukoil company has inaugurated the PENEX isomerization unit at Nizhny Novgorod refinery with cumulative investments reached 12 billion Roubles.

Eni has signed an agreement with the Egyptian General Petroleum Corporation (EGPC) and Lukoil to merge the Meleiha and Meleiha Deep concessions in the Western Desert.

President of PJSC LUKOIL, Vagit Alekperov, and Chairman of the Management Board of JSC NC KazMunayGas, Alik Aidarbayev, signed a sale and purchase agreement for a 49.99% stake in the charter capital of Al-Farabi Operating LLP at the St. Petersburg International Economic Forum (SPIEF), according to LUKOIL’s press release.

LUKOIL Company announced that it has achieved total proved hydrocarbon reserves of 15.38 billion barrels (bbl) of oil equivalent, 76% of which stood for liquids until the end of December 2020.

The President of LUKOIL, Vagit Alekperov and Chairman of the Management Committee of Gazprom, Alexey Miller, have discussed the progress in establishing a joint venture to implement the project of developing Vaneyvisskoye and Layavozhskoye fields.

Russian oil and gas company, LUKOIL, produced 35 million tons (mmt) at its Yury Korchagin and Vladimir Filanovsky fields in the North Caspian Sea.

Eni has made a new oil discovery in the Meleiha Concession in the Western Desert, adding an extra 10,000 barrels of oil per day (bbl/d) to the current concession production.

Lukoil and Gazprom signed a Master Agreement to develop Vaneyvisskoye and Layavozhskoye fields in the Nenets region, Russia.

Iraq, OPEC’s third-largest oil producing nation, increased its exports to 2.876 million barrels per day (mmbbl/d) in October up from 2.613 mmbbl/d in the previous month.