Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Lukoil commenced commercial production at the field in 2010 and the development was carried out in two stages.
Read More »Lukoil Completes Drilling of First Caspian Sea Production Well
Lukoil will Invest in Caspian Sea
The anticipated annual oil production plateau is 1.2 million tonnes and the commercial production is slated to commence in 2023.
Read More »Russia Exerts Oil Stocks to Boost Crude Production
Lukoil. Russia'.s second-biggest oil producer. has increased output by 29.000 bpd.
Read More »Russia Considers $50bn in Iran Oil Industry
Russia is ready to invest in crude exploration and production. as well as refining.
Read More »5 World Powers Back Iran`s Oil Exports Despite US Sanctions Threat
Washington has warned other countries to end business in Iran and stop buying its oil from early November or face punitive measures.
Read More »Lukoil and KazMunayGaz to Explore Zhenis Field in Caspian Sea
The Russian oil company discusses entering into a new project with KazMunayGas.
Read More »Lukoil Plans to Invest $270 mln in Exploration at Kazakhstan
The two companies will establish a consortium after completing procedures needed for the agreement to enter force.
Read More »Russian Oil Output Inactive but Remains above Quotas
OPEC and non-OPEC producers will meet in Vienna on June 22-23 to review the current deal.
Read More »Azerbaijan Inaugurates Southern Gas Corridor Key Terminal
BP’s Sangachal terminal in Azerbaijan meets world safety standards and is now ready for first commercial deliveries in 2018.
Read More »Total Has Two Months to Seek U.S. Sanctions Exemption
Total said on May 16 that it would pull out of South Pars if it did not receive a waiver from the United States.
Read More »