OAO LUKOIL

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Russia's Lukoil to send team to Iraq for talks

AFP Global Edition 15 days ago

<div><p>A delegation from Russia's Lukoil will soon visit Iraq to discuss reactivating a multibillion-dollar exploration contract, Iraqi Prime Minister Nuri al-Maliki said in an interview published Monday.</p><p>Lukoil -- Russia's largest private oil company and its second-largest oil producer overall -- has sought ...

ConocoPhillips writes off $34B in noncash assets

AP News 15 days ago

<div id="subtitle">ConocoPhillips cuts staff, slashes spending, writes of $34B in noncash assets</div><div><p>ConocoPhillips, the third-largest U.S. oil company, said Friday it's cutting 4 percent of its overall work force, slashing capital spending by 18 percent and writing off $34 billion in noncash assets ...

Spain PM does not rule out Russian stake in Repsol

AP News 17 days ago

<div id="subtitle">Spain prime minister says he does not rule out Lukoil taking stake in Repsol-YPF</div><div><p>Spain's prime minister said Thursday he does not rule out the possibility of Russian oil company Lukoil buying a stake in Repsol-YPF but thinks it would be good ...

Lukoil could become main shareholder in energy major Repsol

AFP Global Edition 17 days ago

<div><p>Russian oil group Lukoil could soon become the leading shareholder in Spanish-Argentine energy major Repsol, a possibility that prompted unease in Spain Friday given Repsol's strategic importance.</p><p>Leading Spanish savings bank La Caixa said Friday it was in talks with the private Russian ...

Lukoil could become main shareholder in Spanish oil major Repsol

AFP Global Edition 17 days ago

<div><p>Russian oil group Lukoil could soon become the leading shareholder in Spanish-Argentine energy major Repsol, a possibility that prompted unease in Spain Friday given Repsol's strategic importance.</p><p>Leading Spanish savings bank La Caixa said Friday it was in talks with the private Russian ...

Spain's opposition slams Repsol sale to Russia's Lukoil

AFP Global Edition 17 days ago

<div><p>Spain's conservative opposition leader Saturday hit out at the possible sale of a stake in oil major Repsol to Russian energy group Lukoil, saying he would do "everything possible" to prevent it.</p><p>"Nobody in Europe has sold its energy supply and put it ...

Russian purchase of Repsol stake hits trouble: report

AFP Global Edition 17 days ago

<div><p>Russia's Lukoil energy company faces problems in its plan to buy a stake in Spanish-Argentine firm Repsol, a newspaper said on Wednesday during a visit by Argentinian President Cristina Kirchner.</p><p>The subject of Lukoil taking a large stake in Repsol did not even ...

Russia to support Lukoil bid for Repsol: minister

AFP Global Edition 17 days ago

<div><p>Russia's government is ready to give political support to Lukoil's bid for a stake in Spanish-Argentine oil firm Repsol, Russian Energy Minister Sergei Shmatko said on Wednesday.</p><p>"No doubt, if Lukoil needs it, we will give it appropriate political support," Shmatko told reporters ...

Lukoil third-quarter profit up 40 percent

AP News 17 days ago

<div id="subtitle">Lukoil third-quarter profit up 40 percent, Russian company benefits from higher oil prices</div><div><p>Lukoil, Russia's largest privately owned oil company, said Thursday that third-quarter profit rose by 40 percent as the company benefited from soaring oil prices and high refining margins.</p>< ...

Lukoil earnings soar more than 70%

AFP Global Edition 17 days ago

<div><p>Russia's number two oil company Lukoil said Thursday its net profit soared 70.9 percent to 10.77 billion dollars in the first nine months to September.</p><p>EBIDTA, or earnings before interest, taxes, depreciation and amortization, grew 60.6 percent to 16.6 billion dollars over the ...

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