Tag: Lukoil

New Jersey City Suspends Licenses of Gas Stations to Protest Russia Conflict

March 4, 2022
LukoilNEWARKUSUS News
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Lawmakers in Newark, New Jersey, voted to suspend licenses of Lukoil gas stations after Russian forces invaded Ukraine. The Newark City Council, in an 8-0 vote on Wednesday approved suspending licenses of two Lukoil gas stations. Lukoil is one of the largest oil producers in Russia and reportedly has ties to Russian oligarchs. “This is a step…

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Russia’s Lukoil Calls For End To The Ukraine War, As The Oil Company Suffers Losses

March 4, 2022
Business & EconomycommoditiesCompaniesEuropeLukoilMarketsOilRussia ukraine conflictRussia-Ukraine WarUncategorizedWorld
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The head of Russia’s second-largest oil company, Lukoil on March 3 has called for an immediate halt to fighting in Ukraine, in a sign of weakening support for the conflict among some of the country’s influential oligarchs. The oil giant is the first major Russian firm to speak out against Putin’s decision to invade its neighbor. Vagit…

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OPEC+ Keen to Keep Oil Prices at $65–$75 a Barrel, Lukoil Chief Says

September 7, 2021
Business & EconomyCompaniesEuropeInternationalLukoilMiddle EastOilOPECpricesVagit AlekperovWorld
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MOSCOW—The head of Russia’s No. 2 oil producer Lukoil said that oil prices of $65–$75 were “comfortable” for consumers and that the OPEC+ group of leading oil-producing nations was striving to maintain that price range by regulating output. In an interview with the Kommersant newspaper published on Tuesday, Vagit Alekperov said curbs on oil output…

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