LUKOIL: Presents Global Energy Outlook 2050
Leonid Fedun, Vice President for Strategic Development of PJSC LUKOIL, presented the outlook for the development of global energy to 2050 today in Moscow. The report analyses possible greenhouse gas emission tracks in three scenarios of various approaches to climate regulations. It evaluates attainability of the goals to keep global …
Russian Drilling Market: A Paradigm Shift
In all likelihood, the year 2014 will go down on record as a turning point for the Russian drilling market. New trends have been seen on this market for the first time in several years, i.e. a decline in the scope of total drilling instead of growth that was recorded …
Lukoil – May Cut 2015 CAPEX Due to Political Volatility
Lukoil, Russia’s second-largest oil producer, plans to cut its capital spending because of economic and political volatility, Vice President Leonid Fedun said on Friday. Lukoil has not been directly affected by Western sanctions against Russia over its stance towards Ukraine but is suffering from a spike in international borrowing rates …