Post Tagged with: "Lukoil"

Source: Reuters

Iraq emerging as OPEC’s main laggard in making record output cut: sources

Reuters


BAGHDAD/LONDON – Iraq has yet to inform its regular oil buyers of cuts to its exports, suggesting it is struggling to fully implement an OPEC deal with Russia and other producers on a record supply cut, traders and industry …

Source: Reuters

Aramco IPO: It’s a thanks but no thanks from Petronas

Reuters


KUALA LUMPUR/LONDON – With Saudi Aramco yet to name any major foreign investors in its upcoming share sale, Malaysia’s state energy company Petronas (PETR.UL) decided to take a pass on Friday.

Expectations that Aramco customers and allies around the …

LUKOIL Completes a 22,857 BOPD Well in the Caspian

LUKOIL Completes a 22,857 BOPD Well in the Caspian

LUKOIL commissioned the third well at the second development stage of the Vladimir Filanovsky field in the Caspian Sea.

The third well is a bilateral horizontal oil producing well with main wellbore length of 3,795 meters and a lateral of …

Source: Bashneft

Weak Ruble: Good for Russian Oil Companies, Bad for Russian Government

Record Oil Production and Capital Spending Supported by Favorable FX Rate

While Russian federal revenue from oil and natural gas production has declined significantly in response to low oil prices, oil and natural gas companies have actually increased investments or …

Two Caspian Sea Projects Could Add 200 MBOPD by Year-End

Two Caspian Sea Projects Could Add 200 MBOPD by Year-End

Even as Russia discusses a production freeze with Saudi Arabia, Caspian Sea projects could add to the glut

Oil prices have improved this week in part thanks to renewed talks amongst Saudi Arabia and Russia to stabilize global oil prices. …

Dana Gas Iraq Operations

Red Flag: Iraq Warns Oil Companies it Intends to Cut Spending due to Oil Revenue Drop

Iraq tells oil companies to submit conservative funding requests for 2016

A letter dated September 6, 2015, from the Iraq Oil Ministry was sent out to international oil companies operating inside the country notifying them that they should plan to …

Lukoil Applauds Iraqi Crude Oil Split

Lukoil Applauds Iraqi Crude Oil Split

Oil split reduces pricy delays, company says, after disappointing first quarter

Iraq’s decision to split crude oil export flows into lighter and heavier grades has removed logistical problems and allowed several producers to lift self-imposed output curbs, according to Lukoil …

Lukoil Working out Terms for More Production in Iraq

Lukoil Working out Terms for More Production in Iraq

Russian oil major Lukoil seeking change in compensation from OPEC producer

Lukoil (ticker: LKOH) will continue negotiations with the Iraqi government about the continued development of the Nasiriya project. The Iraqi government is trying to develop a 300 MBOPD refinery …

Russia’s Lukoil Preparing for Removal of Sanctions in Iran

Russia’s Lukoil Preparing for Removal of Sanctions in Iran

Russian oil major Lukoil is reopening its offices in Iran

Russia’s Lukoil (ticker: LKOH) will be reopening its office in Iran. When speaking to reporters on Wednesday, Ravil Maganov, first executive vice president of Lukoil, said, “We look forward to …

April 17, 2015 - 1:36 pm International, Oil and Gas 360 Articles
Dana Gas Iraq Operations

Lukoil Looks to Increase Production in Iraq

Lukoil confirms plans to increase oil production in the West Qurna-2 oil field in Iraq

Lukoil (ticker: LKOH) President Vagit Alekperov visited Iraq to discuss further development in the West Qurna-2 field. Iraqi Prime Minister Haider al-Abadi and Minister of …