Open Joint Stock Co Oil co LUKOIL Stock News

Russian stocks are on the move today with several shares taking a massive beating on Wednesday and we're diving into that news. The post Russian Stocks: What's Going on With SBRCY, YNDX, OGZPY, NOVKY

PJSC LUKOIL announced Friday the completion of the transaction of buying a 9.99% interest in the Shah-Deniz gas project from Petronas. The transaction value is approximately $1.45 billion. Followin…

MOSCOW (Reuters) – Russia’s second-largest oil producer Lukoil has closed a deal to buy a 9.99% stake in Azerbaijan’s Shah Deniz natural gas project from Malaysian oil and gas company Petronas for $1.45 billion, it said on Friday.

The perception that war in Ukraine is imminent and it will be followed by harsh anti-Russia economic sanctions depressed Lukoil's stock value, making it a rare cheap investment opportunity. Oil prices

Lukoil expected to reach the pre-pandemic daily liquids production level of about 1.6 million barrels per day (bpd) in 2022

By Genka Shikerova and Ivan Bedrov* (RFE/RL) The champion of our petrochemical industry. So boasted Todor Zhivkov, then-communist leader of Bulgaria, when the countrys

The petrol scarcity currently being experienced in Lagos, especially in the Island axis, is due to current effort by the Nigerian National Petroleum Corporation (NNPC) to recall harmful imported petroleum products, BusinessDay’s findings reveal. Sources say most of the petrol Nigeria imported under the Direct Sale, Direct Purchase (DSDP) contract through Litasco, an international marketing and trading company of LUKOIL, received by MRS has high content of methanol and Ethanol, which are outside the official specification of Nigeria’s petrol. “This product is highly harmful to the market,” a source states. A senior official in Nigeria’s downstream sector confirms the development, adding that the NNPC is currently doing a product tracing to contain the harmful implication in the market. “Nigeria should not be doing business with companies with a bad reputation in the market. The implication is very cruel on the consumers of these products, most especially Lagosians,” he says. With an estimated population of 15.3 million, the roads play host to over 5 million cars and 200,000 commercial vehicles (when the national average stands at 11 vehicles per kilometre).

Conrad Saldanha, senior portfolio manager of the Neuberger Berman Emerging Markets Equity Fund, and James Stavridis, former Supreme Allied Commander of NATO, join 'The Exchange' to discuss what they'r

Lukoil has reached a major milestone at its offshore Vladimir Filanovsky field located in the Caspian Sea.

Russia''s Lukoil oil and gas company has exceeded 30 million tons cap of oil production in the Vladimir Filanovsky field in the Caspian Sea, Report informs.

World oil prices could hit $380 per barrel in 2050, according to one scenario published in a recent Lukoil report.

Lukoil gives a dividend yield of 13-14% to the current price based on the results of 2021-2023.