Production

Lukoil surprises with strong growth in Russian oil production

Russian oil producer posts improvements in operations and financials in 2022 that have not been seen for years

Profitable barrels: Lukoil-produced automotive lubricants are seen at a warehouse of a Russian carmaker.
Profitable barrels: Lukoil-produced automotive lubricants are seen at a warehouse of a Russian carmaker.Photo: AFP/SCANPIX
  • Vladimir Afanasiev
Published 2 May 2023, 22:36Updated 3 May 2023, 11:27
LukoilRussiaOpec+Ukraine CrisisEurope