Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
- Continuing Diagnostics and Mitigation: Discussion of Progress and Next Steps
- Federal Executive Forum
- Federal Tech Talk
- The Intersection: Where Technology Meets Transformation
- Maximizing ROI Through Data Center Consolidation
- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- The Truth About IT Opex and Software Defined Networking
- Value of Health IT
Shows & Panels
Lukoil chief wants level playing field for Arctic
Thursday - 3/7/2013, 12:22pm EST
LONDON (AP) -- 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.
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.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.