Shareholders of LUKOIL approved dividends for 9 months 2023 in the amount of ₽447 per ordinary share. The last day of purchase of securities to receive dividends is December 14, 2023. Dividend yield may amount to 6.21%.

Lukoil Oil Company has started work to revise its strategy for the Lukoil Neftochim Burgas refinery in Bulgaria due to the ban on the use of Russian oil. Various options will be analyzed with the involvement of international consultants, including the sale of the business. Company's investments in the Burgas refinery exceeded $3.4 bln.

Russian President Vladimir Putin has signed an order authorizing Lukoil to acquire a 7.4% stake in EL5-Energo from Uroc Limited. Thus, Lukoil's stake in the energy company may increase from 56.44% to 63.84%.

Japanese oil company Inpex has received permission to sell 40% stake in Iraq's Eridu field, which is expected to be bought by Lukoil. If the deal is successfully completed, Lukoil, which already controls 60% of the Eridu project, will gain full control of the field. Eridu is the largest oil field discovered in Iraq in the last 20 years. Explored oil reserves...