Russian oil giant Lukoil wants level playing field on Arctic March 7, 2013 - 21:59 AMT PanARMENIAN.Net - Russia's second-largest oil company will push for legislation to allow independent producers to compete for the right to tap the rich energy reserves of the Arctic, AP said. Lukoil President Vagit Alekperov says the company is anxious to get a piece of the Russian Artic shelf, which is dotted by oil deposits. Though no one is drilling yet in the Arctic, the Russian government has so far allowed only state-owned companies to offer plans. Alekperov told reporters while announcing the company's results Thursday that he seeks a level playing field for independents. Lukoil, which in Russia is only behind state-owned Rosneft in size, routinely gets elbowed out of potentially major deals and licenses to oil fields that the government distributes. Its profit rose 6.2 percent to $11 billion in 2012. Partner news  Top stories Earlier, at least five Azerbaijan soldiers were killed and six seriously injured when their vehicle rammed into a tree and overturned. Among its provisions are bans on child marriage and the traditional practice of selling and buying women to settle disputes. Jorge Rafael Videla, an austere former army commander, led Argentina during the bloodiest days of its Dirty War dictatorship. According to the United Nations, April was Iraq's bloodiest month for almost five years, with 712 people killed.   Partner news |  Latest news New Cuban envoy presents copies of credentials to Deputy Foreign Minister  At the meeting, the parties focused on the prospects of bilateral relations, and cooperation in the framework of international organizations.Gunman kills 4, self in Israeli bank after refused overdraft Police initially described the incident as a robbery but later said the assailant appeared to have known his victims.Samsung to roll out 55, 65-inch 4K TV range in June The new range of Samsung 4K TVs will go head-to-head with Sony's 55 and 65-inch Bravia X9 series.Adobe Photoshop Express launches as app on Windows 8, RT Free basic editing features such as cropping, rotations and a red-eye remover are optimized for easier use on touch-screen devices. |
