Monday, 5th July 2021
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.
Sunday, 20th June 2021
Lukoil company has inaugurated the PENEX isomerization unit at Nizhny Novgorod refinery with cumulative investments reached 12 billion Roubles.
Wednesday, 16th June 2021
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.
Sunday, 6th June 2021
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.
Wednesday, 17th February 2021
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.
Sunday, 24th January 2021
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.
Thursday, 31st December 2020
Russian oil and gas company, LUKOIL, produced 35 million tons (mmt) at its Yury Korchagin and Vladimir Filanovsky fields in the North Caspian Sea.
Wednesday, 23rd December 2020
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.
Tuesday, 22nd December 2020
Lukoil and Gazprom signed a Master Agreement to develop Vaneyvisskoye and Layavozhskoye fields in the Nenets region, Russia.
Monday, 2nd November 2020
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.