Talks are ongoing with consumers in Germany, the Czech Republic, Slovakia and Poland on price increasesUPI Energy Watch Aug 29, 2007
The documents are being prepared. Gazprom Neft's board of directors will consider the issue on Sept. 3UPI Energy Watch Aug 29, 2007
We have informed the Iraqi Oil Ministry that the consortium of LUKoil and ConocoPhillips is prepared to hold direct negotiations on the West Qurna-1 project under the terms announced earlier by the Oil MinistryBig Oil cuts deals with Iraq Oct 21, 2009
The investments Lukoil plans to make together with its partner Statoil in the first stage will amount to $4.5 billionLukoil dumps billions into Iraqi oil field Feb 02, 2010
The production will reach its peak in 2010-2011, and then it will face a gradual slowdown caused by a total absence of incentives in that sphereRussian energy production to fall in 2011 Jun 17, 2010
Vagit Alekperov (Azerbaijani: Vahid Yusuf oğlu Ələkbərov); (Russian: Вагит Юсуфович Алекперов, born September 1, 1950 in Baku, Azerbaijan) is an Azerbaijani businessman and currently a President of the leading Russian oil company LUKOIL.
He is currently rated by Forbes magazine as the eighth richest person in Russia with $13.9 billion of net worth and the 50th richest person in the world.
He was born in Baku, one of the earliest centers of the international petroleum industry. His father, who died when Vagit was a boy, worked in the oil fields all his life and inspired Alekperov to follow in his footsteps. Alekperov's father was a Muslim and his mother, Russian Orthodox. Alekperov is religious, but does not define himself as either Muslim or Orthodox. He was eighteen when he landed his first job in the industry.