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2014-05-24 18:45:00

TOTAL & LUKOIL DEAL

TOTAL & LUKOIL DEAL

As western governments impose sanctions on Russia, international majors with interests in the country have stayed out of the fray, saying it's business as usual. France's Total, for one, was not going to let the Ukraine crisis halt plans to finalize a deal with Russian Lukoil this week that paves the way for exploration of tight oil reserves in western Siberia.

Total has entered a joint venture with Lukoil to explore the tight oil potential of the Bazhenov formation in western Siberia, the French company said on Friday. Lukoil will have a controlling 51 per cent interest of the project, with Total holding the remaining 49 per cent. After conducting seismic surveys this year,…

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Tags: OIL, LUKOIL, TOTAL, SIBERIA, RUSSIA
Chronicle:
TOTAL LUKOIL DEAL
2019, May, 24, 09:55:00
SOME PROBLEMS OF WORLD ENERGY. PART FOUR.
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TOTAL LUKOIL DEAL
2019, May, 24, 09:50:00
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TOTAL LUKOIL DEAL
2019, May, 23, 12:35:00
OIL PRICE: ABOVE $70 YET
Brent crude futures were at $70.36 per barrel, down 63 cents, or 0.9%, from their last close. U.S. West Texas Intermediate (WTI) crude futures were down by 51 cents, or 0.8%, at $60.91 per barrel.
TOTAL LUKOIL DEAL
2019, May, 23, 12:15:00
U.S. SANCTIONS FOR GERMANY
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TOTAL LUKOIL DEAL
2019, May, 23, 12:10:00
RUSSIA'S GAS FOR AUSTRIA: +44%
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TOTAL LUKOIL DEAL
2019, May, 23, 12:05:00
VIETNAM, RUSSIA LNG
NOVATEK announced that its joint venture Arctic LNG 2 and TechnipFMC signed a contract on engineering, procurement, supply, construction and commissioning of an integrated liquefied natural gas facility with annual liquefaction capacity of 19.8 million tons under the Arctic LNG 2 project. The contract terms provide for the launch of the first train of the project in 2023.
TOTAL LUKOIL DEAL
2019, May, 23, 12:02:00
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