Moscow is working on a plan to merge its biggest oil companies into a single national champion, a deal that would tighten ...

Russian oil giant Lukoil is assessing several options for its assets in Bulgaria, including a potential disposal of the Neftochim Burgas oil refinery. The company will collaborate with foreign ...

TASS/. Russia’s largest private oil company Lukoil will freeze output, if the Organization of the Petroleum Exporting Countries (OPEC) makes such a decision at its November 30 meeting in Vienna ...

The combination of state-backed Rosneft Oil, Gazprom Neft and Lukoil would be second to Saudi Arabia’s Aramco (Reuters) Russia’s success at stabilising its economy in the face of Western ...

A spokesperson for the oil giant Rosneft has denied a report by The Wall Street Journal that the company ... dismissing as “incoherent business logic” rumors that the company seeks to absorb rivals ...

TASS/. Transneft and Lukoil discussed cooperation in the transportation of oil and oil products, according to a statement from the pipeline company. "Today the president of Transneft and the ...

Russian oil and gas provider Lukoil has switched on its second solar park, in Russia’s southern Volgograd region. The 20 MW facility was built at an oil refinery, with PV modules provided by Rus ...

Obstacles to the proposed Russian oil mega-merger include opposition from some Rosneft and Lukoil executives as well as the challenge of amassing the funds to pay Lukoil shareholders, the WSJ ...

The deal would involve state-backed Rosneft Oil taking over state-owned Gazprom Neft (a subsidiary of Gazprom) and the independently-run Lukoil, the Journal report said. Sources speaking with the ...

Nov 9 (Reuters) - Russia is working on a plan to merge state-backed Rosneft Oil (ROSN.MM), opens new tab with Gazprom Neft (SIBN.MM), opens new tab and Lukoil (LKOH.MM), opens new tab, creating ...

The chairman of Russia's Lukoil oil giant, Ravil Maganov, has died after falling from a hospital window in Moscow, reports say. The company confirmed his death but said only that Maganov ...

An EU-wide ban on Russian oil imports following Moscow’s full-scale invasion of Ukraine in 2022 has made it increasingly difficult for Lukoil to operate in Bulgaria. An EU and Nato member ...