LUKOIL secures extended contract for West Qurna-2 oil field development in Iraq

Pallavi Madhiraju- November 5, 2023 0

In a significant development for Iraq's energy sector, PJSC LUKOIL has finalized a supplementary agreement with Basra Oil Company, extending the Russian oil firm’s role ... Read More

Shell offloads Russian retail and lubricants businesses to LUKOIL

Pallavi Madhiraju- May 29, 2022 0

UK-based energy giant Shell has closed its previously announced sale of retail and lubricants businesses in Russia, that operates as Shell Neft, to Russian oil ... Read More

Shah-Deniz gas project : Lukoil wraps up $1.45bn deal to increase stake by 10%

Pallavi Madhiraju- February 21, 2022 0

PJSC Lukoil has wrapped up the previously announced $1.45 billion acquisition of an additional 9.99% stake in the Shah-Deniz gas project, offshore Azerbaijan from Petronas. ... Read More

Shah Deniz gas project : Lukoil to increase stake in $2.25bn deal

Pallavi Madhiraju- October 10, 2021 0

Lukoil signed a deal worth $2.25 billion with Malaysian oil and gas company Petronas for acquiring an additional stake of 15.5% in the Shah Deniz ... Read More

Lukoil, Gazprom Neft to jointly develop Yamal-Nenets oil and gas cluster

Pallavi Madhiraju- September 16, 2021 0

Russian energy giants Lukoil and Gazprom Neft will form a joint venture (JV) to develop a significant oil and gas cluster in the Nadym-Pur-Tazovsky region ... Read More

LUKOIL begins construction of catalytic cracking complex at Perm refinery

Pallavi Madhiraju- August 24, 2021 0

Russian energy company LUKOIL has launched the construction of a catalytic cracking complex at its Perm refinery in Russia. The catalytic cracking project is being ... Read More

Saasken oil discovery pulled off by Eni in Cuenca Salina basin in Mexico

oilandgasnews365- February 17, 2020 0

Saasken oil discovery : Italian oil and gas giant Eni has pulled off a new oil discovery in the Cuenca Salina basin in Mexican waters ... Read More