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0.000546149645002622 0.000546149645002622 0 0.000546149645002622 -0.00109229929000563 0.000273074822501311 -0.00764609503003826 -0.00628072091753151
Stock impact report

Factbox-Lukoil international assets facing disruptions from US sanctions [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
following U.S. sanctions and Washington's refusal to approve the sale of its overseas assets to Swiss commodity trader Gunvor. Lukoil's global footprint spans upstream oil and gas projects, ?refining, and fuel retail networks across Europe, Central Asia, the Middle East, and the Americas. The company produces half a million barrels of oil ?per day outside of Russia, or 0.5% of global oil output, in countries such as Iraq, Kazakhstan and Azerbaijan. Below are details about its international assets: UPSTREAM OPERATIONS MIDDLE EAST Lukoil operates Iraq's 480,000 barrel-per-day ?West Qurna 2 oilfield, one of the world's largest, and holds a 75% stake. Lukoil has declared force majeure at the field, after Iraq halted all cash and crude payments to the company, sources told Reuters. In Egypt, Lukoil holds a 50% stake in the West Esh El Mallaha (WEEM) and WEEM Extension oilfields alongside Egypt's Tharwa Petroleum. It also holds a 24% stake in the Meleiha concession while Ita Show less Read more
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