Lukoil

Yandex N.V. Announces Binding Agreement to Divest its Russia-based Businesses

Retrieved on: 
Monday, February 5, 2024
FMP, Growth, Lukoil, EGM, GPU, Exercise, CNH, Tax, Investment, RUB, Sale, Specialization, Educational technology, Share repurchase, Person, Security (finance)

Amsterdam, the Netherlands, February 5, 2024 -- Yandex N.V., the Dutch parent company of the Yandex group (“YNV”), today announces that it has entered into a definitive agreement with a purchaser consortium (the “Purchaser”) to sell all of the Yandex group’s businesses in Russia and certain international markets. The total consideration for the sale will be RUB 475 billion, subject to adjustments and payable in a combination of cash and Class A shares of YNV. At least 50% of the consideration will be paid in cash.

Key Points: 
  • Amsterdam, the Netherlands, February 5, 2024 -- Yandex N.V., the Dutch parent company of the Yandex group (“YNV”), today announces that it has entered into a definitive agreement with a purchaser consortium (the “Purchaser”) to sell all of the Yandex group’s businesses in Russia and certain international markets.
  • “Since February 2022, the Yandex group and our team have faced exceptional challenges.
  • Following the successful completion of the transaction, in full compliance with international sanctions where applicable, YNV will hold no interest in its businesses in Russia.
  • Awards held by participants who will continue with YNV and the remaining international businesses will remain outstanding in accordance with their terms.

Cipher Neutron Concludes Marketing Agreement with Technomak to Supply AEM Electrolysers

Retrieved on: 
Wednesday, June 21, 2023
Neutron, Hydrogen, Innova, KOC, Wastewater, Maersk Oil, PGM, Business development, Hydrogenation, ENI, GHG, Research, ADNOC, Per- and polyfluoroalkyl substances, ONGC, BP, Seawater, MOU, OMV, Engineering, Water, Lukoil, Honeywell, OXY, Platinum, GE Power, Environment, Common, Lithium, Green hydrogen, Alstom

Toronto, Ontario--(Newsfile Corp. - June 21, 2023) - Cipher Neutron Inc. ("Cipher Neutron", "CN" or the "Company") is pleased to announce that it has concluded a significant Memorandum of Understanding (the "MOU") with Technomak Process Systems FZC ("Technomak').

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - June 21, 2023) - Cipher Neutron Inc. ("Cipher Neutron", "CN" or the "Company") is pleased to announce that it has concluded a significant Memorandum of Understanding (the "MOU") with Technomak Process Systems FZC ("Technomak').
  • The MOU provides that Cipher Neutron will manufacture state-of-the-art AEM Green Electrolysers to produce Green Hydrogen for Technomak's Projects and those of its customers on a global basis.
  • Sadaat Hussain, Director of Technomak Sales & Business Development, stated, "Cipher Neutron is a leading international developer of advanced AEM Green Electrolysers and well-suited to partner with Technomak.
  • Gurjant Randhawa, President & CEO of Cipher Neutron, stated, "Technomak is world-renowned multinational strategically based in Dubai fostering a Green Hydrogen world.

Lubricant Industry Players Evaluates ESG Performance to Boost Resilience: Astra ESG Solutions

Retrieved on: 
Tuesday, January 24, 2023
Well, USD, Ethics, TotalEnergies, Health, ExxonMobil, Petrobras, Shell, Russell, Government Accountability Institute, Recycling, Financial audit, Sustainability reporting, G&A, Castrol, Climate change, ESG, BP, Environmental, social, and corporate governance, Sinopec, Shell plc, Institutionalisation, Lubricant, Water quality, Female, Disclosure, GHG, Biodiversity, Chevron Corporation, Lukoil, Phillips, SAN, Workplace, BP P.L.C. v. Mayor and City Council of Baltimore, Climate, Valvoline, ISO, Growth, Phillips 66, Organization, Woman, Black, PetroChina, Carbon, Renewable energy, Management, Tourism, EU

Forward-looking players are expected to foster their footprint on ESG standards that have become invaluable in gauging a company's capability to make an informed decision.

Key Points: 
  • Forward-looking players are expected to foster their footprint on ESG standards that have become invaluable in gauging a company's capability to make an informed decision.
  • The need for ESG disclosure has shaped how companies allocate funds in the global landscape, and the demand for accountability has underscored ESG disclosure to track sustainability performance.
  • Discover more regarding the practices and strategies being implemented by industry participants in the Lubricant Industry ESG Thematic Report, 2023, published by Astra ESG Solutions
    Environmental, social and governance aspects are at the forefront as prominent players gear to overcome social, economic and environmental challenges.
  • Leading players are poised to improve, respond and recover their resilience to the shifting ESG landscape.

Lubricant Industry Players Evaluates ESG Performance to Boost Resilience: Astra ESG Solutions

Retrieved on: 
Tuesday, January 24, 2023
Well, USD, Ethics, TotalEnergies, Health, ExxonMobil, Petrobras, Shell, Russell, Government Accountability Institute, Recycling, Financial audit, Sustainability reporting, G&A, Castrol, Climate change, ESG, BP, Environmental, social, and corporate governance, Sinopec, Shell plc, Institutionalisation, Lubricant, Water quality, Female, Disclosure, GHG, Biodiversity, Chevron Corporation, Lukoil, Phillips, SAN, Workplace, BP P.L.C. v. Mayor and City Council of Baltimore, Climate, Valvoline, ISO, Growth, Phillips 66, Organization, Woman, Black, PetroChina, Carbon, Renewable energy, Management, Tourism, EU

Forward-looking players are expected to foster their footprint on ESG standards that have become invaluable in gauging a company's capability to make an informed decision.

Key Points: 
  • Forward-looking players are expected to foster their footprint on ESG standards that have become invaluable in gauging a company's capability to make an informed decision.
  • The need for ESG disclosure has shaped how companies allocate funds in the global landscape, and the demand for accountability has underscored ESG disclosure to track sustainability performance.
  • Discover more regarding the practices and strategies being implemented by industry participants in the Lubricant Industry ESG Thematic Report, 2023, published by Astra ESG Solutions
    Environmental, social and governance aspects are at the forefront as prominent players gear to overcome social, economic and environmental challenges.
  • Leading players are poised to improve, respond and recover their resilience to the shifting ESG landscape.

Press release - MEPs say work on Ukraine’s EU future must start now

Retrieved on: 
Thursday, February 2, 2023
Face, Uranium, Member of the European Parliament, Nord, Baltic Sea, Parliament, Lukoil, Weapon, Central bank, Recycling, Renewable energy, Risk management, EU

On Thursday, Parliament adopted a resolution detailing its expectations for the upcoming summit between EU and Ukrainian political leaders in Kyiv on 3 February.

Key Points: 
  • On Thursday, Parliament adopted a resolution detailing its expectations for the upcoming summit between EU and Ukrainian political leaders in Kyiv on 3 February.
  • Addressing Ukraine’s EU membership perspective, the text demands the EU “work towards the start of the accession negotiations and to support a roadmap outlining the next steps to enable Ukraine’s accession to the EU single market”.
  • Restating their commitment to Ukraine’s future EU membership following the country’s formal application on 28 February 2022, MEPs stress that accession is a merit-based process involving respect for relevant procedures, and the fulfilment of EU related reforms and accession criteria.
  • They also invite the Ukrainian authorities to introduce substantial reforms to effectively align with EU membership criteria as soon as possible.

The Corporate Citizenship Project Asks ISS to Clarify Apparent Decision Not to Downgrade Russia's ESG Rating

Retrieved on: 
Thursday, April 7, 2022
Letter, Leadership, Genstar Capital, Moscow Kremlin, Rosneft, Environmental, social and corporate governance, Deutsche Börse, Seizure, ESG, CEO, Goal, Gazprom, ISS, Institutional Shareholder Services, Biophysical environment, Petroleum, Airline, Lithium, Lukoil

DES MOINES, Iowa, April 7, 2022 /PRNewswire/ -- The Corporate Citizenship Project (www.CorporateCitizenshipProject.com), a think-tank focused on a data-driven approach to corporate governance issues, today penned an open letter to Institutional Shareholder Services ("ISS") CEO Gary Retelny regarding the apparent decision on the part of ISS to not downgrade Russia's Environmental, Social, Governance ("ESG") rating below a "C Minus", leaving Russia's ESG score unchanged since the Russian invasion of Ukraine. 

Key Points: 
  • The letter reads as follows:
    On behalf of The Corporate Citizenship Project, I am asking you to clarify the decision on the part of ISS to not lower the ESG rating for Russia after its invasion of Ukraine.
  • Meanwhile, the reckless Russian decision to shell a nuclear power plant risked causing another Chernobyl-like environmental catastrophe.
  • We are therefore troubled by ISS's apparent decision to leave Russia's ESG rating unchanged.
  • Have ISS parent companies Genstar Capital or Deutsche Boerse influenced, or attempted to influence, ISS ESG ratings of Russia or Russian companies?

McDermott Selected for Licensed Modular Unit for Baltic Chemical Plant Polyethylene Project

Retrieved on: 
Wednesday, July 21, 2021
Materials, Goods economics), Lukoil, Matter, Polyethylene

The GCC project is owned by Baltic Chemical Plant LLC, a subsidiary of RusGazDobycha.Itis the largest polyethylene integration project in the world and is located near Russia's shores in the Gulf of Finland.

Key Points: 
  • The GCC project is owned by Baltic Chemical Plant LLC, a subsidiary of RusGazDobycha.Itis the largest polyethylene integration project in the world and is located near Russia's shores in the Gulf of Finland.
  • "Our proven experience delivering world-class polyethylene projects make us the ideal partner to continue supporting the GCC project."
  • HTT was selected by the China National Chemical Engineering and Construction Corporation Seven, Ltd. (CC7) to acquire equipment for this project.
  • McDermott is also collaborating with CC7 on the Afipsky Hydrocracker project and on the Lukoil Delayed Coker Unit project.

DuPont Clean Technologies Signs Contract with ISAB S.R.L. for IsoTherming® Hydroprocessing Technology

Retrieved on: 
Tuesday, February 23, 2021
Oil refining, Chemistry, Physical sciences, Natural sciences, Hydrodesulfurization, Lukoil, Trickle-bed reactor

WILMINGTON, Del., Feb. 23, 2021 /PRNewswire-PRWeb/ --DuPont Clean Technologies today announced it has signed a contract with ISAB S.r.l.

Key Points: 
  • WILMINGTON, Del., Feb. 23, 2021 /PRNewswire-PRWeb/ --DuPont Clean Technologies today announced it has signed a contract with ISAB S.r.l.
  • ("ISAB", wholly owned by LUKOIL) to revamp the refinery's existing trickle bed diesel hydrotreater at the Priolo Refinery in Siracusa, Italy with the IsoTherming Hydroprocessing Technology.
  • "We are delighted to have the opportunity to work with ISAB on this project," said Kevin Bockwinkel, global business manager, IsoTherming Hydroprocessing Technology.
  • The IsoTherming hydroprocessing technology utilizes a novel liquid-phase reactor system offering distinct advantages over conventional hydroprocessing technologies in that it uses hydrogen and catalyst more efficiently.

One of WEX’s Longest-Standing Clients Signs Extension

Retrieved on: 
Monday, December 21, 2020
Oil, Gas, Finance, Energy, Banking, Data management, Professional services, Technology, Retail, Lukoil, Wex, Companies

WEX (NYSE: WEX), a leading financial technology service provider, has signed an extension of services with LUKOIL North America LLC, a client of WEX for 34 years.

Key Points: 
  • WEX (NYSE: WEX), a leading financial technology service provider, has signed an extension of services with LUKOIL North America LLC, a client of WEX for 34 years.
  • As we expand, WEX will be a key technology partner in that growth.
  • LUKOIL North Americas long-standing working relationship with WEX started in 1986 with Getty Petroleum Marketing, Inc., LUKOILs predecessor.
  • Since that time, by focusing on customer relationships and technology, both companies have seen rapid growth throughout North America.

LUKOIL Fully Supplies The Demand Of MAN Plant In Nurnberg In Lubricants For Diesel Engines

Retrieved on: 
Monday, December 21, 2020
Tribology, Petroleum products, Lubricant, Lukoil, Petroleum, Chemistry, Economy of Russia

VIENNA, Dec. 21, 2020 /PRNewswire/ -- LUKOIL became the main lubricant supplier for MAN's European engine plant in Nurnberg, Germany.

Key Points: 
  • VIENNA, Dec. 21, 2020 /PRNewswire/ -- LUKOIL became the main lubricant supplier for MAN's European engine plant in Nurnberg, Germany.
  • Since the beginning of the second half of 2020, all MAN diesel engines for commercial vehicles assembled at this plant are being filled with LUKOIL lubricants.
  • Due to close cooperation, LUKOIL lubricants annually keep expanding the list of products approved in accordance with the latest MAN technical standards.
  • It is extremely valuable for us that MAN, one of the world's leading manufacturers of trucks, trusts the quality and reliability of LUKOIL lubricants.