The Board of Directors of Russian oil major Lukoil recommended that the Extraordinary General Shareholders’ Meeting resolve to pay dividends for the first nine months of 2019 in the amount of 192 rubles per ordinary share and resolve to reduce the charter capital of Lukoil through acquisition of a portion of issued shares in order to reduce the total number thereof, the company said in a press release on Wednesday.

Centrica Plc has picked Goldman Sachs Group Inc. to advise on the potential sale of its controlling stake in exploration and production unit Spirit Energy, people familiar with the matter said.

The Board of Directors of Russian oil major Lukoil has approved the new principles of the company’s dividend policy, the company announced on Wednesday.

Oil minister Timipre Sylva said Nigeria knows it cannot recover $62 billion from oil majors despite ongoing cases against the companies for money the government believes it is owed.

The Russian Ministry of Economic Development forecasts deceleration of industrial output growth rates in Russia to 1.2-1.5% in annual terms in the fourth quarter of this year.

Gazprom Neft has announced the creation of a subsidiary in Singapore, Gazpromneft Marine Lubricants, which will develop the company’s international marine lubricants business, the company said in a press release on Wednesday.

Creates new subsidiary and plans spending of C$1.7bn in northeast British Columbia.

Gazprom supplied 8.9 bln cubic meters of natural gas to Hungary year-to-date.

Following a wave of deadly anti-government protests, Baghdad has announced a slew of measures to stem corruption — but stopped short of targeting the worst offenders.

Following a wave of deadly anti-government protests, Baghdad has announced a slew of measures to stem corruption — but stopped short of targeting the worst offenders.