Russia’s Lukoil will start commercial-scale production ... At such record-high daily rates of oil extraction, a freeze will have no impact on prices, at least in the short term.

National oil company of Kazakhstan KazMunayGas and Russia's Lukoil agreed on work on I-P ... companies are to sign a contract on exploration and extraction of hydrocarbon raw materials, as well ...

A Lukoil spokesman said neither the company ... who is credited by analysts with having introduced Russia’s most advanced oil-extraction technology as CEO of the smallest of the three producers ...

Lukoil's proven developed oil reserve is much larger than its international ... A barrel of oil is considerably more expensive to extract and is also more valuable in the commodity market than ...

Russian oil giant Lukoil was a big winner from the 2nd round ... to rival that of the world's top producer, Saudi Arabia. Extraction pledges received from international oil firms through the ...

The deal includes improving wells at the site and constructing infrastructure to extract and treat oil and water-intake equipment within a 29-month period. A consortium led by LUKoil won the ...

How Lukoil circumvents Ukraine's sanctions Ukrtransnafta has no direct contracts with individual Russian oil extraction companies. It provides transit services for oil supplied by Transneft ...

He spent almost 50 years in the oil and gas industry, Russian media reported. Newsweek reached out to Lukoil for comment via email. He is the third of Lukoil's senior executives to die since the ...

Lukoil, Russia’s second-largest oil company, said Tuesday its chairman had died suddenly, at the age of 66. “It is with deep regret that we announce the sudden passing of Vladimir Ivanovich ...

According to its website, Lukoil is one of the largest publicly traded, vertically integrated oil and gas companies in the world and accounts for around two percent of the world’s oil production ...