Lukoil CEO calls for permanent OPEC deal

Russian oil producer Lukoil's chief executive Vagit Alekperov said that the oil output deal between OPEC and its allies should stay in place permanently. Speaking at Lukoil's annual general meeting in Moscow, he …

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 …

 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 …

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. …

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 …