Lukoil expects to maintain production and export volumes of oil and petroleum products after the EU embargo is lifted, the company's Vice President Gleb Ovsyannikov said. He noted that Lukoil has so far failed to reach an agreement with the Russian government to support its projects in Komi, but expressed hope that a consensus will be found and that the comp...

Lukoil plans to start drilling at the Graifer field in the Caspian Sea at the end of 2022, said Gleb Ovsyannikov, vice president for external communications. The expected production shelf is 1.2 million tons per year. The next stage will be the start of drilling at the Kuvykin field.

Lukoil's press service confirmed death of chairman of the company's board of directors Ravil Maganov and specified that he was seriously ill. Maganov died after falling from a window of the Central Clinical Hospital in Moscow. Maganov had held executive positions in Lukoil since the creation of the JSC, for many years headed the block of exploration and prod...

Head of Board of Directors, First Executive Vice President of Lukoil Ravil Maganov died after falling from a hospital window in Moscow, a source close to the Main Department of the Ministry of Internal Affairs told RBC. According to the source, the incident took place at about 7:30 a.m., the top manager fell out of a window on 6th floor.