Lukoil
لوکاویل
Energy company
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View Timeline →Insurance Costs for Oil Transport in the Black Sea Surge to $2.5 Million
Insurance costs for oil transport in the Black Sea have skyrocketed from $200,000 to $2.5 million per ship, impacting crude oil transportation costs and fuel…
The U.S. Sanctions Two Russian Oil Giants and Urges Moscow to Cease Fire Immediately
The U.S. has imposed new sanctions on Russia, specifically targeting major oil companies Rosneft and Lukoil, due to Russia's failure to commit to ending the…
Global Oil Prices Rise by 5% Following Sanctions on Russian Oil Companies
Global oil prices have risen by 5% due to U.S. sanctions on Russian oil companies Lukoil and Rosneft, following Russia's invasion of Ukraine. This increase…
Iraq is Considering a Six-Month Exemption Request from U.S. Sanctions
Iraq is evaluating a six-month exemption request from U.S. sanctions to allow Lukoil more time to divest its interest in the West Qurna-2 oil field.…
USA: Oil Sanctions Have Reduced Russia's Ability to Fund War Against Ukraine
The U.S. Treasury has stated that sanctions on major Russian oil companies are impacting Russia's oil revenues, which may hinder its war efforts in Ukraine.…
Ukraine: We Targeted a Russian Oil Platform and a Military Ship in the Caspian Sea
Ukraine has conducted a drone strike against a Russian oil platform and a military ship in the Caspian Sea, signaling an increase in attacks on…
Ukraine Targets Oil Refinery in Volgograd, Russia with Drone Attack
Ukraine launched a drone attack on an oil refinery in Volgograd, Russia, as part of its strategy to disrupt Russian military supplies and finances. This…
Russian Oil Company Stops Cooperation with Iran Due to Fear of US Sanctions
The Russian oil company Zarubezhneft has halted its cooperation with Iran on two oil projects due to impending US sanctions. This decision follows the US…
Zangeneh Gave Total Two Months to Negotiate with the US and Decide on Staying in Iran
Iran's Oil Minister Bijan Zangeneh has given the French company Total two months to negotiate with the US regarding its operations in Iran following the…
Russia's Second Largest Oil Company Halts Projects Related to Iran
Lukoil, Russia's second largest oil company, has halted its projects in Iran due to concerns over the reimposition of U.S. sanctions. This decision follows a…
Iran Grants Development of Two Oil Fields to a Russian Company
Iran has signed a $741 million contract with the Russian company Zarubezhneft to develop the Aban and West Paydar oil fields, aiming to increase production…
Rouhani to Visit Moscow on Tuesday
Iranian President Hassan Rouhani is set to visit Moscow for the first time, aiming to strengthen bilateral cooperation with Russia. During the visit, 15 cooperation…
Russia's Oil Projects in Iran May Reach $20 Billion
Russia's Energy Minister announced that potential oil and gas contracts with Iran could reach $20 billion, following a new agreement for Iran to export 100,000…
Iran Signs Daily Export Contract of 100,000 Barrels of Oil to Russia
Iran is set to sign a contract to export 100,000 barrels of oil daily to Russia, with payments structured to support both cash flow and…
Iran to Transfer Development of Seven Oil Fields to Russia
Iran is transferring the development of seven oil fields to Russian companies, as part of a broader strategy to enhance oil recovery and production. This…
Why Were the Russians Interested in Resolving Iran's Nuclear Issue?
Nikolai Kozhanov discusses the implications of the JCPOA on Iran-Russia relations and the broader geopolitical landscape. He highlights the challenges Iran faces in realizing economic…
Shell Company 'Ready to Pay $2 Billion Debt' to Iran
Shell's CEO announced readiness to pay a $2.3 billion debt to Iran, contingent on the lifting of sanctions. This development follows a meeting with Iran's…
Zangeneh's Letter to OPEC Regarding Oil Production Increase After Sanctions Lifted
Iran's Oil Minister Bijan Zangeneh has informed OPEC that Iran plans to quickly ramp up oil production to pre-sanction levels following the lifting of Western…
Two Major Energy Companies in Russia to Collaborate on Exploiting Oil and Gas Reserves in the Caspian Sea
Lukoil and Gazprom, two major Russian energy companies, are collaborating to exploit oil and gas reserves in the Caspian Sea alongside Kazakhstan's state-owned oil and…
Russia: Twenty Students from Volgograd Hospitalized
Twenty students in Volgograd have been hospitalized due to gas poisoning from an oil refinery leak, bringing the total number of affected individuals to 93.…