Tue, 21-Oct-2025

Russia’s Lukoil chief Alekperov quits oil giant

oil giant

The CEO of Russia’s oil behemoth Lukoil, who has called for an end to the Kremlin’s military assault in Ukraine, announced his departure from the firm he established on Thursday. Vagit Alekperov’s departure was announced in a brief statement by Lukoil, but no reason was given for his decision to leave Russia’s largest oil producer. … Read more

Aramco requests bids for new work in the Jafurah field

RIYADH: The Saudi oil giant Aramco asked companies to send their technical and financial offers for a water desalination plant project in the Jafurah gas field, with a capacity of around 100,000 cubic metres/day, a banking source told CNBC Arabia. This reflects the company’s latest step to move forward in developing the field and to contribute … Read more