Iraq has decided to allow Russia’s Lukoil to retain its 75 percent stake in one of the world’s largest oilfields for one year ...

As a sanctions deadline looms, Basra Oil Company is poised to manage the 480,000 bpd field while Lukoil continues negotiating ...

Delhi is world’s second largest purchaser of Russian crude, which is now cheaper than oil from Middle East ...

Kyiv's forces struck three Russian oil drilling platforms in the Caspian Sea, targeting Lukoil's key energy infrastructure ...

Private equity major Carlyle and other investors are vying for Lukoil's global assets, with a U.S. deadline looming. Sanctions on Lukoil aim to pressure Russia into peace with Ukraine. The assets, ...

Private equity giant Carlyle, a group comprising oil major Chevron and Quantum Capital Group as well as UAE-based investor International Holding Company are competing for the global assets of Russia's ...

Private equity giant Carlyle , a group comprising oil major Chevron and Quantum Capital Group as well as UAE-based investor ...

The shift could signal Iraq’s gradual pivot back toward the West, as U.S. and European energy investments anchor Baghdad’s ...

Ukraine has launched a targeted overnight drone assault on Russian oil platforms in the Caspian Sea, striking Lukoil-owned energy infrastructure in a move that signals a widening of the battlefield ...

The oil market is facing increased supply risks amid intensifying protests in Iran.

The Lukoil-operated platforms, V. Filanovsky, Yuri Korchagin and Valery Graifer, are used to extract oil and gas.

After a strong end to last week, the Oil market has continued to strengthen in early-morning trading today as protests in ...