NK Lukoil PAO (LUKOY.PK)
23 Sep 2016
MOSCOW Russia's No.2 oil producer Lukoil second-quarter net profit dipped 2 percent, as a weaker rouble helped offset a 30 percent fall in crude prices that has gouged the earnings of many of its peers.
BAGHDAD/BASRA - Iraq has reached agreement with BP, Shell and Lukoil to restart stalled investment in oil fields the firms are developing, allowing projects that were halted this year to resume and crude production to increase in 2017, Iraqi oil officials said.
HOUSTON, Aug 5 Venezuelan crude sales to the United States increased to 817,806 barrels per day (bdp) in July, the highest level since November, due to larger exports of grades produced in the vast Orinoco Belt, according to Thomson Reuters trade flows data.
HOUSTON, July 7 Venezuelan crude oil sales to the United States fell 14 percent in June compared with the previous month amid lower purchases of diluents by state-run PDVSA to formulate exportable blends, according to trade sources and Thomson Reuters Trade Flows data on Thursday.
MOSCOW Russia's biggest private bank Otkritie Financial Corporation aims to build on its success in organizing foreign loans for Russian companies starved of financing from state lenders hit by Western sanctions over the Ukraine conflict.
ST PETERSBURG, Russia Russia's Lukoil may consider spinning off or selling its downstream assets in Europe to focus on exploration both in Russia and abroad, Chief Executive Vagit Alekperov told Reuters in an interview.
MOSCOW Russia's Gazprom has won licenses for rights to develop two large oil and gas fields in the Arctic, beating rivals Rosneft and Lukoil, an official at oilfield licenses regulator Rosnedra told Reuters on Wednesday.
MOSCOW Russian oil output stood at 10.83 million barrels per day (bpd) in May, slightly down for a second straight month but still close to a record high reached earlier this year.
* Russia's May output slightly down * Ready to discuss output freeze if united OPEC backs it-deputy PM * Russia launches new fields in 2016 (Adds Deputy PM quote, background) By Katya Golubkova MOSCOW, June 2 Russian oil output stood at 10.83 million barrels per day (bpd) in May, slightly down for a second straight month but still close to a record high reached earlier this year. Russia, the world's top oil producer, had been steadily increasing oil output despi
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