OAO Lukoil , Russia’s largest oil producer not controlled by the state, may sell shares it bought back from ConocoPhillips to Asian investors to broaden its shareholder base.
Leonid Fedun , Deputy Chief Executive Officer of OAO Lukoil , may increase his stake in Russia’s second-largest oil producer to 10 percent by acquiring a 0.7 percent share, Kommersant reported, citing an unidentified official.
OAO Lukoil, Russia’s largest non- government crude producer, sees the market as unfavorable now for buying refining assets, Vice President Leonid Fedun said.
"I've always been skeptical as far as the Arctic projects are concerned."
- Leonid Fedun on Nov 27, 2014