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LUKOIL

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Reuters - 8 hours ago

Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising, sources say

UPDATE 1-Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising, sources say Adds Lukoil's comments MOSCOW, Nov 22 (Reuters) - Russia's second-largest oil producer Lukoil LKOH.MM is restoring operations of its catalytic cracker complex, ramping up gasoline output after the unit's breakdown on Nov. 13, two industry sources told Reuters on Friday.
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Reuters - 8 hours ago

Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising, sources say

Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising, sources say MOSCOW, Nov 22 (Reuters) - Russia's second-largest oil producer Lukoil LKOH.MM is restoring operations of its catalytic cracker complex, ramping up gasoline output after the unit's breakdown on Nov. 13, two industry sources told Reuters on Friday. NORSI oil refinery said on Wednesday it has been working in accordance with the planned operational schedule, while the catalytic cracker units 1 and 2 were workin
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Reuters - 11 hours ago

Russia is preparing to lift gasoline exports ban, deputy PM says

Russia is preparing to lift gasoline exports ban, deputy PM says MOSCOW, Nov 22 (Reuters) - Russia is preparing to lift its gasoline exports ban and the necessary paperwork will be ready in near future, Deputy Prime Minister Alexander Novak told reporters on Friday without providing a concrete timeline. Russia extended gasoline export restrictions until the end of the year in August.
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Reuters - 2 days ago

Med crude-Urals differentials stable in muted trade

Med crude-Urals differentials stable in muted trade MOSCOW, Nov 20 (Reuters) - Urals crude differentials to dated Brent kept stable on Wednesday in muted trade. Russia held its position as China's top oil supplier last month, with volumes - including supplies via pipelines and seaborne shipments - increasing 15% to 9.83 million tons, or 2.3 million bpd, data showed on Wednesday.
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Reuters - 2 days ago

Russia's NORSI oil refinery says it works in line with schedule

Russia's NORSI oil refinery says it works in line with schedule MOSCOW, Nov 20 (Reuters) - Russia's NORSIoil refinery, controlled by the country's second-largest oil producer Lukoil LKOH.MM , said on Wednesday it has been working in accordance with the planned operational schedule. Three industry sources told Reuters on Tuesday that Lukoil had shut operations at its catalytic cracker unit (KK-1) at the NORSI oil refinery from Nov.
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Reuters - 3 days ago

Russia's Lukoil has shut catalytic cracker at its NORSI refinery, sources say

Russia's Lukoil has shut catalytic cracker at its NORSI refinery, sources say MOSCOW, Nov 19 (Reuters) - Russia's second-largest oil producer Lukoil LKOH.MM shut operations at its catalytic cracker unit (KK-1) at the NORSI oil refinery from Nov. 13 for emergency repair works, three industry sources said on Tuesday. Lukoil did not immediately reply to a request for comment.
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Reuters - 1 week ago

Russian refineries cut oil runs due to losses, closures loom

EXCLUSIVE-Russian refineries cut oil runs due to losses, closures loom At least three refiners cut runs in recent months High crude prices, borrowing costs dent profits Sanctions and drone attacks add to challenges Some refiners face closure MOSCOW, Nov 15 (Reuters) - At least three Russian refineries had to halt processing or cut runs due to heavy losses amid export curbs, rising crude prices and high borrowing costs, according to five industry sources.
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Reuters - 1 week ago

Russia's October seaborne oil product exports down 7% on month, Reuters calculations show

Russia's October seaborne oil product exports down 7% on month, Reuters calculations show MOSCOW, Nov 13 (Reuters) - Russia's seaborne oil product exports in October fell 7% from a month earlier to 8.861 million metric tons due to seasonal and unplanned maintenance at refineries, data from industry sources and Reuters calculations showed. Offline primary oil refining capacity in September stood at 4.496 million tons, lowering fuel production and October port loadings, Reuters calculations based
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Reuters - 1 week ago

Caspian Pipeline Consortium cuts oil exports by 1% in Jan - Oct, sources say

Caspian Pipeline Consortium cuts oil exports by 1% in Jan - Oct, sources say MOSCOW, Nov 13 (Reuters) - The Caspian Pipeline Consortium (CPC), which exports Kazakhstan's oil via the Black Sea, reduced oil supplies in January - October by around 1.2% year on year to 1.378 million barrels per day, two industry sources said on Wednesday. In October alone, CPC exports declined to 4.632 million metric tons from 4.682 million tons in September amid maintenance at the Kashagan oilfield, according to th
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Reuters - 1 week ago

Kazakhstan's largest oilfield cuts output by fifth since Oct. 26, sources say

Kazakhstan's largest oilfield cuts output by fifth since Oct. 26, sources say MOSCOW, Nov 13 (Reuters) - Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron CVX.N , has reduced oil output by around 21% on average since Oct. 26 to 62,600 metric tons per day, or 496,200 barrels per day, three industry sources told Reuters on Wednesday.
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Reuters - 2 weeks ago

Rosneft denies 'evil Sechin' reports of plan to take over Russian oil giants

Rosneft denies 'evil Sechin' reports of plan to take over Russian oil giants MOSCOW, Nov 12 (Reuters) - Rosneft ROSN.MM , Russia's biggest oil company, denied reports that it had any intention of taking over a major chunk of the Russian oil sector, and said such reports were a attempt to cast its chief, Igor Sechin, as a wicked influence. The Wall Street Journal reported that Russia is working on a plan to merge Rosneft, which already accounts for 40% of Russia's total oil production, with Gazpr
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Reuters - 2 weeks ago

Russia explores plan to merge Rosneft with Gazprom subsidiary and Lukoil, WSJ reports

CORRECTED-Russia explores plan to merge Rosneft with Gazprom subsidiary and Lukoil, WSJ reports Corrects paragraph 1 to say merger of Rosneft Oil, Gazprom Neft and Lukoil, not Rosneft Oil and Gazprom Neft; and paragraph 3 to say Gazprom Neft is a subsidiary of Gazprom, not of Gazprom and Lukoil Nov 9 (Reuters) - Russia is working on a plan to merge state-backed Rosneft Oil ROSN.MM with Gazprom Neft SIBN.MM and Lukoil LKOH.MM , creating the world's second-biggest crude oil producer, the Wall Stre
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Reuters - 2 weeks ago

Russia's Lukoil denies media report of talks on sale of refinery in Bulgaria

Russia's Lukoil denies media report of talks on sale of refinery in Bulgaria MOSCOW, Nov 7 (Reuters) - Russian oil company Lukoil LKON.MM on Thursday denied a media report that it was holding talks on the sale of a refinery in Bulgaria to a Qatari-British consortium. The Financial Times newspaper reported on Tuesday that Lukoil was in such talks. I
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Reuters - 2 weeks ago

Med crude-Urals diffs steady, outright prices for the grade climbed back above $60/bbl

Med crude-Urals diffs steady, outright prices for the grade climbed back above $60/bbl MOSCOW, Nov 6 (Reuters) - Urals crude oil differentials to dated Brent kept stable on Wednesday, while outright prices for the grade have climbed back above $60 per barrel at Russian Baltic and Black Sea ports on firmer Brent, traders said and Reuters calculations showed.
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Reuters - 2 weeks ago

Med crude-Urals diffs unmoved in muted trade

Med crude-Urals diffs unmoved in muted trade MOSCOW, Nov 5 (Reuters) - Urals crude oil differentials to dated Brent were stable on Tuesday in muted trade, while global oil prices held steady as the market waits for voters to cast ballots in what is expected to be an exceptionally close U.S. presidential election. Iraq's cabinet said on Tuesday it had ordered the semi-autonomous Kurdish region to immediately transfer its oil output to the country's state-run firm SOMO.
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Reuters - 2 weeks ago

Lukoil Plans To Sell Bulgarian Refinery To Qatari-British Consortium - FT

BRIEF-Lukoil Plans To Sell Bulgarian Refinery To Qatari-British Consortium - FT Nov 5 (Reuters) - LUKOIL PLANS TO SELL BULGARIAN REFINERY TO QATARI-BRITISH CONSORTIUM - FT Source https://tinyurl.com/mv3r2s39
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Reuters - 3 weeks ago

Russia's ultra low-sulphur diesel exports from Primorsk to rise in Nov, traders say

Russia's ultra low-sulphur diesel exports from Primorsk to rise in Nov, traders say MOSCOW, Oct 31 (Reuters) - Russia's exports of ultra low-sulphur diesel (ULSD) from the Baltic Sea port of Primorsk in November are set to reach 1.1 million metric tons, two traders said on Thursday. That would be a slight 3.3% increase on a daily basis from 1.1 million tons scheduled for October as the month is one day shorter.
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Reuters - 3 weeks ago

Hungary to keep Druzhba as main crude pipeline, foreign minister says

UPDATE 1-Hungary to keep Druzhba as main crude pipeline, foreign minister says Updates throughout, with Szijjarto's comments, context BUDAPEST, Oct 31 (Reuters) - The Druzhba pipeline will remain Hungary's primary route for crude oil imports, Foreign Minister Peter Szijjarto said on Thursday after talks with Russian Foreign Minister Sergei Lavrov in Minsk on the sidelines of a conference.
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Reuters - 3 weeks ago

Oil trader Litasco hires traders, lines up credit to rebuild Americas arm, sources say

RPT-EXCLUSIVE-Oil trader Litasco hires traders, lines up credit to rebuild Americas arm, sources say Repeats Oct. 29 story with no changes to text Litasco hires experienced traders in Americas after rebuilding credit lines, sources say Efforts part of broader restructuring as Litasco distances from Russian parent Lukoil - source Litasco has secured more than $2 Bln in open credit lines, also opened letters of credit - sources Hired former Gunvor trader Dmitri Sinenko as managing director for Luk
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Reuters - 3 weeks ago

Oil trader Litasco hires traders, lines up credit to rebuild Americas arm, sources say

EXCLUSIVE-Oil trader Litasco hires traders, lines up credit to rebuild Americas arm, sources say Litasco hires experienced traders in Americas after rebuilding credit lines, sources say Efforts part of broader restructuring as Litasco distances from Russian parent Lukoil - source Litasco has secured more than $2 Bln in open credit lines, also opened letters of credit - sources Hired former Gunvor trader Dmitri Sinenko as managing director for Lukoil Pan Americas- sources By Shariq Khan NEW YORK,
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