Tag: Lukoil

Lukoil, Romgaz plan new drillings in Trident block – Romania, 20 August 2018

According to a report published by Romanian natural gas producer Romgaz, in cooperation with its Russian partner Lukoil, the company is preparing new exploration drilling activities in offshore Trident block in the Black Sea, with an estimated gas reserves of 30 billion cubic meters. In 2010, Russian oil company Lukoil and Vanco International, which later […]

Lukoil considering building petrochemical complex in Burgas – Bulgaria, 1 June 2018

President of Russian oil company Lukoil Vagit Alekperov said that the company is planning to build a complex for the production od polypropylene within the Neftochim refinery in Burgas. Alekperov said that the company plans to build a small petrochemical complex in order to modernize the old production, with the capacity of at least 150,000 […]

Petrotel refinery achieved 50 million euros profit in 2017 – Romania, 30 March 2018

Russian oil company Lukoil is planning to unify its oil processing and energy production businesses in Romania under the umbrella of the Petrotel Lukoil SA Ploiesti refinery, which, according to the plans of its parent Russian company, would take over by absorbing the local energy producing company Lukoil Energy & Gas Romania SRL. Petrotel Lukoil […]