Key Developments: NK Lukoil OAO (LKOH.MM)

LKOH.MM on Moscow Interbank Currency Exchange

2,134.50RUB
3:14am EDT
Price Change (% chg)

руб-7.00 (-0.33%)
Prev Close
руб2,141.50
Open
руб2,142.10
Day's High
руб2,155.00
Day's Low
руб2,133.40
Volume
130,638
Avg. Vol
--
52-wk High
--
52-wk Low
--

Search Stocks

Latest Key Developments (Source: Significant Developments)

NK Lukoil OAO to sell filling stations in Ukraine
Monday, 11 Aug 2014 07:51am EDT 

NK Lukoil OAO:Says that LUKOIL and the Austrian investment company AMIC Energy Management GmbH signed an agreement to sell a 100 percent interest in CFI LUKOIL-Ukraine owning a network of around 240 filling stations and 6 tank farms.The transaction will be closed upon its approval by competent Ukrainian authorities.  Full Article

NK Lukoil OAO to sell filling stations in Czech Republic, Slovakia and Hungary
Monday, 4 Aug 2014 09:30am EDT 

NK Lukoil OAO:Signs contracts with MOL Plc and Norm Benzinkut Kft on the sale of assets in the Czech Republic, Slovakia and Hungary.Slovnaft Ceska Republica, Spol. S.R.O. (a subsidiary of MOL Plc) will buy from LUKOIL a network of 44 gas-filling stations located in the Czech Republic’s territory.Norm Benzinkut Kft will purchase LUKOIL’s filling-station networks in Hungary (75 stations) and the Slovak Republic (19 stations).Both deals are expected to be closed before the end of 2014.The decision to sell the assets was taken as part of the effort to optimize LUKOIL’s business in petroleum-product marketing.  Full Article

NK Lukoil OAO to sell 240 filling stations in Ukraine to Austrian firm-Interfax
Thursday, 31 Jul 2014 12:21am EDT 

NK Lukoil OAO:Lukoil and Austria's AMIC Energy Management GmbH (AMIC) have reached an agreement in principle to sell 100% of LUKOIL-Ukraine CFI, which owns around 240 filling stations and six petroleum tank farms in Ukraine-Interfax.Negotiations were initiated by the Austrian party who expressed their interest in acquiring the assets, Lukoil said.The parties are interacting as part of the due diligence of assets and are preparing to sign a sale-and-purchase contract.  Full Article

NK Lukoil OAO recommends H1 2014 dividend payment
Thursday, 24 Jul 2014 01:58am EDT 

NK Lukoil OAO:Recommends distributing an interim dividend of 60 Russian rubles a share for the first half of the fiscal year 2014.  Full Article

NK Lukoil OAO buys 7 propane-butane filling stations in Moscow-Interfax
Monday, 21 Jul 2014 01:59am EDT 

NK Lukoil OAO:Lukoil has acquired seven filling stations from the Kontora AGNS state enterprise, Lukoil-Tsentrnefteprodukt LLC said in a statement-Interfax.Lukoil-Tsentrnefteprodukt submitted the highest bid for the properties in a privatization tender held by Moscow's competition department.Under the sales agreement, the company is obligated to ensure supplies of LPG to the filling stations for at least 25 years.All of the stations are located in Moscow.Rebranding as Lukoil filling stations is to be completed no later than 2015.  Full Article

FAS allows NK Lukoil OAO subsidiary to increase stake in Komineft' OAO-Interfax
Friday, 18 Jul 2014 05:36am EDT 

NK Lukoil OAO:The Federal Anti-Monopoly Service of Russia (FAS) has approved a motion of NK Lukoil OAO's subsidiary, LUKOIL-Komi OOO, for the acquisition of a 16.442 percent voting shares in Komineft' OAO, FAS materials show-Interfax.This will bring LUKOIL-Komi OOO's stake in Komineft' OAO to 57.885 percent.Currently, LUKOIL-Komi OOO owns 41.44 percent shares in Komineft' OAO.Other 23.86 percent is owned by SDK Garant OOO, 20.92 percent by NKO NRD ZAO and 0.0011 percent by an individual.  Full Article

NK Lukoil OAO, Trubnaya Metallurgicheskaya Kompaniya OAO ink science, technical cooperation deal-Itar-Tass
Sunday, 13 Jul 2014 08:00pm EDT 

NK Lukoil OAO:Lukoil has signed an agreement on scientific and technical cooperation with oil and gas pipe producer Trubnaya Metallurgicheskaya Kompaniya OAO (TMK), the company said in a statement-Itar-Tass.Lukoil will provide organizational and consulting support by defining the main problems in the fields' development, while TMK will do research and implement the projects to solve them.The research will cover casing, tubing and line pipes.  Full Article

ERG SpA announces completion of closing of transaction with NK Lukoil OAO Group subsidiary ISAB for sale of ISAB Energy plant
Monday, 30 Jun 2014 09:01am EDT 

ERG SpA:Announces the closing on June 30 of the transaction with the NK Lukoil OAO Group subsidiary ISAB for the sale of the ISAB Energy and ISAB Energy Services business lines.Says the sale comprises above all the IGCC production plant and the personnel concerned with its operation and maintenance.Says this is the final stage of the operation leading to the sale of the ISAB Energy facility, in line with the definitive exit from the ISAB Refinery.In this transaction, UniCredit has acted as financial advisor and the firm DLA Piper as legal advisor.  Full Article

NK Lukoil OAO BoD Chairman election
Thursday, 26 Jun 2014 07:40am EDT 

NK Lukoil OAO:Valery Grayfer was elected Chairman of the newly elected Board of Directors of OAO LUKOIL at Board of Directors meeting held after annual general shareholders meeting.  Full Article

NK Lukoil OAO plans to up hydrocarbons output 3.7 pct in 2014-Interfax
Thursday, 26 Jun 2014 02:27am EDT 

NK Lukoil OAO:Lukoil plans to raise hydrocarbons output 3.7 percent to 121 million tonnes oil equivalent (toe) in 2014, the company said in materials-Interfax.Oil production is targeted to rise 5.7 percent to 96 million tonnes.Gas production is expected to fall, from 25.9 bcm to 25 bcm, according to a presentation at the company's annual shareholders meeting.  Full Article

Russia's Lukoil eyes diesel pipeline in Ukraine - Vedomosti

MOSCOW, Sept 11 - Russia's No.2 oil producer Lukoil has launched a bid to buy a diesel pipeline which runs through Ukraine to Hungary, Vedomosti reported on Thursday citing a letter from the company's head to President Vladimir Putin.

Search Stocks