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Turkey's Urals crude imports head for record high in...
Turkey's Urals crude imports head for record high in November - sources, data. Traders expect Urals oil supplies to Turkey to rise above October's 1.4 million tonnes. Turkey has been importing more cheap Russian barrels after its largest oil refinery made a deal with Lukoil.
Putin 'made millions' to pour into Ukraine war thanks to EU sanctions loophole Bulgaria allowed millions of barrels of Russian oil to reach local refinery. Refined fuels were then exported to various countries including EU members. Since February 5, this loophole generated almost £434m (€500m) for Lukoil.
Russia's Lukoil says no talks to sell Bulgarian oil... Litasco, a trading arm of Russia's No.2 oil producer Lukoil, said it had not received any offer for its refinery. Lukoil has already sold its oil refinery on the Italian island of Sicily to Cypriot private equity firm G.O.I. Energy.
Russia´s Lukoil lends Socar $1.5 bln in deal to supply... Russia's Lukoil lends Socar $1.5 bln in deal to supply its Turkish STAR refinery -sources. Deal will give Lukoil another customer in close proximity to Russian ports. Most European refiners stopped importing its crude to comply with EU sanctions.
Russia becomes biggest oil supplier to key African state Russia's largest private oil company Lukoil and Gazprom subsidiary Gazpromneft delivered 1 million barrels of Arctic-grade crude to Ghana in September. Ship tracking data shows that Russia had sent no crude to the West African country since at least 2018 – until it resumed exports in the spring.
Ukraine is making decoy radar reflectors using cut-up barrels from one of Russia's largest oil companies: report Ukrainian company repurposing Russian oil barrels to make military decoys. Oil barrels from Lukoil, one of Russia's biggest companies, are used to make fake radar reflectors. Steel company Metinvest says it has produced more than 250 decoys for the Ukrainian army.
Russia ships first oil cargo to Brazil as it seeks to diversify buyers Russia's Lukoil is shipping 80,000 metric tons of its Varandey crude oil on the Stratos Aurora vessel. India and China have been the most active buyers of Russian oil heavily discounted because of sanctions.
What's Impossible To Forgive? Putin Was Asked In 2018. He Said... Yevgeny Prigozhin is believed to have died in a plane crash two months after his mutiny. Ravil Maganov, chairman of anti-war oil giant Lukoil, fell to his death from a sixth-floor window.
Russia's Lukoil plans to buy back shares from foreign... Russia's Lukoil plans to buy back shares from foreign investors - Ifax cites sources. Lukoil's shares were up by more than 6% on the news at an 18-month high. Many foreign investors have been deprived of the ability to trade in Russian securities.
Russia's Lukoil seeks permission to buy back shares... Russia's Lukoil seeks permission to buy back shares from foreign investors - Ifax cites sources. Lukoil intends to pay for the buyback using the group's foreign accounts.
Bulgaria to take important port away from Russian control Bulgarian parliament decided on Friday to terminate the concession of the Rosenets oil port near the city of Burgas to Russian oil giant Lukoil. The amendment requires the Bulgarian Ministry of Transport and Communications to take over the operational management of the facilities within two weeks of the concession being revoked.
Obscure traders ship half Russia's oil exports to India, China after sanctions At least 40 middlemen handled Russian oil trading between March and June. Leading crude producers Rosneft, Lukoil, Surgutneftegaz and Gazprom Neft diverted shipments to India and China.
Insight: Obscure traders ship half Russia's oil exports to India, China after sanctions At least 40 middlemen handled Russian oil trading between March and June. Leading crude producers Rosneft, Lukoil, Surgutneftegaz and Gazprom Neft diverted shipments to India and China.
Putin biding time for revenge on mercenary warlord, CIA chief says: ‘ultimate apostle of payback’ CIA Director William J. Burns warned that Russian President Vladimir Putin likely has more business with Wagner Group chief Yevgeny Prigozhin. Former top manager of Lukoil was found dead in the basement of a Moscow home in May.
Putin biding time for revenge on mercenary warlord, CIA chief says: 'ultimate apostle of payback' Putin is "the ultimate apostle of payback," Burns stressed. Former top manager of Lukoil was found dead in the basement of a Moscow home in May. He reportedly visited a healer to cure him of hangover symptoms but instead suffered heart failure.
KazMunayGas says exploration shows no hydrocarbons at... KazMunayGas says exploration shows no hydrocarbons at offshore Caspian Sea project Zhenis. It has been jointly working with Russian oil producer Lukoil. Interfax news agency said the project would be closed.
Lukoil raises oil output at Iraq's West Qurna 2 to... Russia's Lukoil has increased oil production at Iraq's southern West Qurna 2 oilfield. Production rose after the completion of the connection of 47 new oil wells. Turkey continues to halt Iraq's 450,000 bpd of northern exports through the Iraq-Turkey pipeline.
Yandex receives bids for stakes in Russia-based businesses Nasdaq-listed Yandex says it has received proposals from a number of investors for stakes in its Russia-based businesses. Russian billionaires including Vladimir Potanin, CEO and the largest shareholder of metals giant Nornickel, and Vagit Alekperov, co-founder and a major shareholder in oil major Lukoil, are among the bidders.
Russian minister dies after falling ill on flight from Cuba Pyotr Kucherenko, 46, died on Saturday as he was returning from Cuba. His death marks the latest mysterious death of a prominent Russian figure. Ravil Maganov, chairman of the board of Russia’s largest private oil company, Lukoil, died after falling out of the sixth-storey window of a hospital. Mikhail Watford, a Ukrainian-born oligarch who made his millions as an oil and gas tycoon, was found hanged in the garage of his home in Surrey.
Trafigura raises stake in Italian refinery Saras to 12.5% Trafigura has raised its stake in Italian refiner Saras to 12.46% from 5.23%. The move comes a week after Lukoil concluded the sale of its large Sicilian refinery, ISAB.
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