print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  Oil Company "LUKOIL" REGISTER LOG IN

Press Releases > Oil Company "LUKOIL"  all about the company

company search
all press releases
all Oil Company "LUKOIL" press releases

Oil Company "LUKOIL"

May 12, 2022

LUKOIL agrees to acquire russian downstream assets of Shell

PJSC "LUKOIL" announces conclusion of an agreement with subsidiaries of Shell plc (hereinafter, "Shell") to acquire 100% share in Shell Neft, which conducts retail petroleum products sales and lubricants production in Russia. The assets of Shell Neft include 411 retail stations, primarily located in the Central and Northwestern federal districts of Russia, and lubricants blending plant located in Tver region. The sale will be completed after its approval by Federal Antimonopoly Service.

"The acquisition of Shell's high-quality businesses in Russia fits well into LUKOIL's strategy to develop its priority sales channels, including retail, as well as the lubricants business," said Maxim Donde, LUKOIL's Vice President for Refined Products Sales.

"Our priority is the well-being of our employees," said Huibert Vigeveno, Shell's Downstream Director. "Under this deal, more than 350 people currently employed by Shell Neft will transfer to the new owner of this business."

Contact information

Press Centre PJSC "LUKOIL"

media@lukoil.com

+7 (495) 627-16-77

https://www.lukoil.com

https://www.facebook.com/Lukoil.en

https://twitter.com/lukoilengl



Search by industry

Agriculture, Foresty and Fishing | Chemicals | Coal Mining | Conglomerates | Construction Materials | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Ore Mining | Other | Other Extracting | Other Industrial | Other Service | Other Utilities | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer