Tag: Lukoil

Lukoil plans to invest 10 million dollars in Serbia in 2017 – Serbia, 22 September 2016

Representatives of Russian oil company Lukoil said during the celebration of 25 years of company’s operation that it is planning to invest 10 million dollars in Serbia in 2017 in order to increase the number of petrol stations and its share in Serbian retail fuel market. Executive Director at Lukoil Andrei Kuku said that Lukoil […]

Black Sea gas deposits will be depleted in 20 years – Romania, 16 June 2016

Alexandru Patruti, an advisor for the Romanian National Committee of the World Energy Council (WEC) said that the gas deposits discovered by the ExxonMobil/OMV consortium and Russian Lukoil amount to a maximum of 130 billion cubic meters and will be depleted in 20 years. Patruti stressed that the Black Sea will certainly not be the […]

Lukoil may sell its oil refineries in Europe – Region, 16 June 2016

President of the Russian oil company Lukoil Vagit Alekperov said that the company is considering the sale of its four oil refineries in Europe. Lukoil owns oil refineries in Bulgaria, Romania, Italy and Netherlands. Alekperov said that these refineries are not considered as strategic assets at the moment, as the company mainly focuses on the […]