DMCC, a trading arm of Russia's Lukoil, is shifting its business to a newly-created Dubai-based entity, four sources familiar ...

Maganov "made an invaluable contribution not only to the development of the company but to the entire Russian oil and gas industry," Lukoil said at the time. Alexander Subbotin, a former top ...

Russian oil company Lukoil, which earned nearly €100 billion last year, is bypassing European Union sanctions through a clever legal arrangement involving a subsidiary registered in Ireland ...

Litasco, the trading arm of Russian oil giant Lukoil, seeks to rebuild its business in the Americas by securing credit lines and distancing itself from Russian oil and its parent company.

Lukoil’s net profit figure beat an average analyst estimate in a poll by the Russian news agency Interfax. Revenues from sales surged by 20% to $47.3 billion (4.333 trillion rubles) amid higher ...

In its latest preliminary report, Lukoil reported the increase of its oil and gas production in the first nine months of the current fiscal year to 64,238 ktoe, up 0.72% Y/Y, and to 25,614 m3, up ...

Lukoil had to deal with lifting costs per barrel of oil equivalent rising 14% year-on-year due to the appreciation of the Russian ruble and increased power supply expenses.

Norway's Norsk Hydro and Lukoil worked together on an exploration contract for the Azar field and discovered oil there in 2005. The companies later said the field holds 2 billion barrels of oil.