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Lukoil Board of Directors Summarizes Company Preliminary Performance in 2013 and Sets Priorities for 2014

LUKOIL’s Board of Directors held a meeting in Moscow today to summarize the company’s preliminary performance results from 2013 and set priorities for 2014. The geologic exploration results prove that an increment of the recoverable hydrocarbon reserves in the amount of 130.2 million tons of reference fuel (93.5 million tons of liquid hydrocarbons and …

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Igor Sechin Reports to Vladimir Putin on Rosneft Performance in 2012

Rosneft CEO Igor Sechin reported today to the President of the Russian Federation Vladimir Putin on Rosneft performance in 2012. In his report Igor Sechin noted that the Company tax payments to the budget amounted to 1.7 trillion RUR or 12% of all budget tax revenue. “Rosneft is actually the …

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