Lukoil Oil Company has postponed drilling of an exploration and appraisal well at the Severo-Tylenevskaya structure in the Russian part of the Caspian Sea until 2027. Such data is published in the state register of works on geological study of subsoil. In November, the Ministry of Natural Resources reported that the company intends to drill two exploration a...

Completion of the construction of Lukoil's gas chemical complex in Stavropol is scheduled for the end of 2028 - beginning of 2029, said Ivan Kovalev, Minister of Energy, Industry and Communications of the Krai. Investment contract on the project is planned to be concluded this summer. This will reduce the profit tax to 3% and give preferences in terms of rea...

Lukoil Oil Company has agreed to purchase the AFI2B business center with the area of 50.2 thousand sq. m. located on the 2nd Brestskaya Street near Belorusskaya railway station and Belorusskaya metro station. Deal could be worth around ₽25 billion. This is already the second office acquired by the company recently. Last year Lukoil bought the Blue Pearl busi...

Board of Directors of Lukoil decided to terminate the powers of Chief Executive Officer Vadim Vorobyov ahead of schedule and appointed Sergey Kochkurov as the new head of the company. Kochkurov previously held the position of vice president for oil and gas production in Russia. Last Friday Vorobyev was placed on the US sanctions list. Vagit Alekperov had ear...