The Energy Ministry of the Russian Federation (Minenergo) hopes to revive the energy cooperation between the Russian and the Belorussian energy companies, including issue of purchasing the Belorussian petrochemical complex Naftan-Polimir, the deputy head of the Ministry Anatoly Yanovsky told the journalists. ‘The events of the last year, including the formation of the Common Free […]

LUKOIL is going to invest about 3 billion dollars into raising the production capacity of its subsidiary OOO LUKOIL-Nizhnegorodnefteorgsintez in the period of 2012-2022, the president of the largest Russian private oil company Vagit Alekperov told the journalists on Thursday. “LUKOIL’s investment for the coming 10 years will comprise a little bit more than three […]

The largest Russian private oil company OAO LUKOIL is going to develop a crude production stabilization program till the end of this year, the Vice-President and co-owner of the company Leonid Fedun said to the journalists on Wednesday. According to him the company’s crude production is to be falling till 2012 and from 2013 it […]

Lukoil explains the increase in fuel prices in the Perm Territory in July by its concern about the citizens of the region. As the head of the regional office of the antimonopoly service Dmitriy Makhonin said during the press-conference, this was the reason given in the letter which was received by the Perm office of […]

The largest Russian private oil company “LUKOIL” is planning to reach the oil production level of 100 mil. tons a year by 2017-2018, says the Vice-president of the company Vladimir Mulyak. Last year “LUKOIL” field production decreased by 1,7% — to 95,99 mil. tons. As Mulyak said at the annual meeting of company shareholders, in […]