OAO Lukoil’s billionaire Chief Executive Officer Vagit Alekperov plans to use his dividend payout from 2013 to boost control over Russia’s second-largest oil producer.
OAO Lukoil’s billionaire Chief Executive Officer Vagit Alekperov boosted control over Russia’s second-largest oil company by spending $77 million this year on stock as larger rival OAO Rosneft buys up oil and gas producers.
OAO Lukoil , Russia’s largest non- state-controlled oil company, is scouting for oil and natural- gas investments in U.S. shale fields, President Vagit Alekperov said.
"The biggest engineering companies, like Schlumberger, Halliburton and others, have technology they spent billions of dollars developing."
- Vagit Alekperov on Sep 30, 2014