France’s Total and Russia’s Lukoil are in a new round of talks with the National Iranian Oil Company (NIOC) and have reached a preliminary agreement on oil purchases from Iran, a senior energy official says.

Vice president of Russia’s Lukoil says increasing taxes will decrease the country’s oil production to 300 million tonnes a year.

Lukoil Chief Executive Vagit Alekperov says Russia’s second largest oil producer plans to sign an exploration and production deal with Iran once Tehran changes its tax laws.

Russia’s energy giant Lukoil is set a sign an MoU for boosting oil recovery, oil exploration and extraction with Iran, an Iranian deputy petroleum minister says.

The National Iranian Oil Company (NIOC) and Lukoil are discussing the return of the Russian energy giant to Iran, their officials have said.

President of Russia’s Lukoil is to meet with Iran's oil minister on the sidelines of the OPEC ministerial meeting in Vienna.

Russia’s No. 2 oil giant reopens its Iran office in anticipation of big business.