Lukoil 2020 Capex May Exceed $8 Bln

Russian oil producer Lukoil's capital expenditure may exceed $8 billion next year, the company's Vice President Pavel Zhdanov said on Thursday.

The oil producer sees its capex at between 475 billion and 500 billion roubles this year, depending on the global oil deal between OPEC and its allies, he said on a conference call.


(Reporting by Vladimir Soldatkin, Olesya Astakhova; writing by Tom Balmforth)

Current News

Oil Dips on Larger US Crude Draw, Russia Sanctions

TVO Contracts 4C Global Consultancy to Support UK Clients

TVO Contracts 4C Global Consul

Protecting Employees in High-Risk Environments

Protecting Employees in High-R

Industry Award for Sustainable Drilling Waste Solution

Industry Award for Sustainable

Subscribe for OE Digital E‑News

Offshore Engineer Magazine