LukOil

LUKOIL to expand its presence in Azerbaijan

Russia’s company LUKOIL intends to expand its presence in Azerbaijan, head of the company Vagit Alekperov said on the sidelines of the 13th meeting of the OPEC/non-OPEC Joint Ministerial Monitoring Committee (JMMC) in …

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 Alekperov assesses effects of sanctions on Lukoil

Technological sanctions placed on Russia's oil and gas sector have negatively affected Lukoil's operations and the sphere as a whole, but it is possible to adapt to restrictions, Lukoil's President Vagit Alekperov …

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Lukoil CEO on future of OPEC+ deal

The future of OPEC+ deal will become clear in April after the situation with sanctions against Iran is clarified, Lukoil President Vagit Alekperov said on the sidelines of the Russian Investment Forum in Sochi. …

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Lukoil head: current oil price "fairly high"

President of Moscow-based Lukoil Vagit Alekperov has argued that the current oil price is “fairly high” Alekperov has predicted the oil price will remain at its current levels until the end of 2018, and …

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$100 a barrel oil not expected

There is no reason for oil to hit $100 a barrel,  BP Chief Executive Bob Dudley said. "There are people who predict the oil price of $100 per barrel. I do not think it will reach $100 unless there are any …

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Yusuf Alekperov listed as richest Russian heir

The son of energy giant Lukoil's President Vagit Alekperov who will eventually inherit at least $17 billion has been again listed as the richest heir by Forbes Russia. The magazine said that 28-year-old …

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Lukoil CEO: OPEC+ deal makes market more predictable

The OPEC+ oil production cut agreement may remain in 2019 and 2020 on condition that it proves its efficiency, oil major Lukoil CEO Vagit Alekperov said on the sidelines of the St. Petersburg International Economic Forum. …

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