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Lukoil signs exploration deal for Block 10 in IraqRussia’s Lukoil has signed contracts with Iraq’s Oil Exploration Company to conduct seismic surveys at Eridu field to appraise its geological potential, and also at Block 10's southern and central parts, previously not part of th More… |
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$60-65 preferred oil price range: Lukoil CEOOil prices at $60-65 per barrel are the most preferable at the moment, said chief executive officer of Russia’s oil major Lukoil Vagit Alekperov. "I think that the oil price of $60-65 is the level preferable for Opec an More… |
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Russian firms present plans to develop Iran oilfieldsRussian energy companies Zarubezhneft, Gazprom Neft and Lukoil have submitted plans to National Iranian Oil Company (NIOC) to develop oilfields in Iran, a report said. Zarubezhneft has outlined plans to increase the recovery rate More… |
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Oil set to stabilise at $55-$65, says Lukoil Mideast chiefOil will stabilise around $55 to $65 a barrel as Opec (Organization of Petroleum Exporting Countries) fulfills its agreement to cut output, with stockpiles and shale production keeping prices from rising much more, said the Middle East head of R More… |
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$60 oil price to be dominant in 2017, says LukoilOver the next year, the price of $60 per barrel will be dominant, reported Russian News Agency TASS, citing a top official of Lukoil, Russia's leading oil company. "If we analyze the history of such operations, within six More… |
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Iran inks oil deals with 3 Russian companiesNational Iranian Oil Company (NIOC) has signed agreements with three leading Russian oil companies for bilateral cooperation, a report said. Memorandums of Understanding (MoUs) were inked between Iran and the Lukoil, Tatneft and Z More… |
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Lukoil eyes Iran petroleum contractsLukoil has expressed interest in re-entering the Iran market with the terms of the International Petroleum Contracts (IPCs), likely to be unveiled by October, the company’s CEO was quoted as saying by Iran Daily. Ir More… |
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Lukoil in talks to raise Iraq investment, outputRussia's Lukoil is continuing talks with the Iraqi government over increasing investment and oil output at its West Qurna-2 project there, the company's first vice president Ravil Maganov told reporters on Tuesday. "T More… |
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Iran not essential for Doha oil deal: Lukoil shareholderIran's participation is not essential for the oil market to move closer to balance if a global agreement on freezing production is signed in Doha next month, Leonid Fedun, one of Russia's most prominent oil bosses, said. & More… |
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Iran in major bid to expand oil capabilitiesIran is planning several projects to expand its oil production and export capabilities, reports said, highlighting a new oil terminal to export one million barrels per day (bpd), and a $1.7 billion development of South Pars Gas Field. More… |
