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• Lukoil invests 1.35 billion euros in Italian refinery ERG: company

  - 2008-06-24

  MILAN AFP — Russian oil producer Lukoil is to pay 1.35 billion euros (2.1 billion dollars) to buy 49 percent of a refinery owned by Italian group ERG, ERG announced on Tuesday. The acquisition gives Lukoil vital access to downstream refining capacity in Europe, a key objective for Russian...

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• Lukoil to continue in Iran despite sanctions problems

  - 2007-10-23

  MOSCOW AFP — Lukoil, the biggest Russian oil company, said Tuesday it will continue to work in Iran despite the problems caused by US-inspired sanctions on Tehran over its nuclear development programme. The Anaran oil project "will continue, development is under way," Lukoil spokesman Vladimir Simakov told AFP in...

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• Russian oil boss 'concerned' at growing state role

  - 2007-08-30

  MOSCOW AFP — The head of Russian energy major Lukoil voiced "concern" Thursday at the growing clout of state-controlled energy companies in a rare sign of open discontent in the industry. "The strengthening of state companies is of concern to us. We don't want a division between state and...

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• Russian oil giant Lukoil reports 34 percent spike in net earnings

  - 2007-01-12

  MOSCOW AFP — Russia's leading oil producer Lukoil reported a 34 percent spike in net earnings over the first nine months of 2006 from the same period in 2005, that it attributed to higher crude prices and increased production. Net profit in the January to September period came to 6.442...

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• Russian environment agency seeks tax checks on Lukoil

  - 2006-10-16

  MOSCOW AFP — Russia's environmental monitoring agency has called for checks on taxes and fees on all licences owned by Lukoil, the country's biggest oil producer, a senior official told AFP. "We are interested in their payments. We have information that they are not paying," said Oleg Mitvol, deputy head...

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• Nelson Resources extends bid talks with Russia's Lukoil

  - 2005-10-13

  LONDON AFP — Nelson Resources said it has extended talks with Lukoil over the Russian oil giant's proposed 2.0-billion-dollar (1.67-billion-euro) cash bid for the group. Bermuda-based Nelson Resources, which owns oil and gas producing fields in Kazakhstan, had initially sought to reach an agreement with Lukoil by October 12....

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• AME Info, Abu Dhabi, United Arab Emirates, Oil and Gas Briefs Column.

  - 2003-05-05

  By Peter J. Cooper, AME Info, Abu Dhabi, United Arab Emirates Knight Ridder/Tribune Business News May 5--LUKOIL WILL NOT CEDE IRAQ OILFIELD: Russian oil major Lukoil has said under no circumstances will it cede the Iraqi oilfield of West Qurna-2, reported AFP....

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