Chairman of Russia's Oil Major Lukoil Dies Suddenly Aged 66

Tuesday, October 24, 2023

Vladimir Nekrasov, the chairman of Russia's second-largest oil producer Lukoil, has died suddenly at the age of 66 after suffering acute heart failure, the company said on Tuesday.

Lukoil said Nekrasov had worked for almost 50 years in the oil and gas sector. He had also worked as Lukoil's First Vice-President and an adviser to the company's president.

Lukoil, contacted by Reuters, declined further comment about Nekrasov's death.

The previous head of Lukoil's board, Ravil Maganov, died in September 2022 after falling from a hospital window in Moscow, according to two sources familiar with the situation.

Several Russian businessmen, most with ties to the energy industry, have died suddenly in unclear circumstances in the months following the start of what Moscow calls its special military operation in Ukraine in February 2022.

Unusually among Russian companies, Lukoil took a public stand over Moscow's operation in Ukraine. In a March 3 2022 statement, the company's board of directors expressed its concern over the "tragic events" in Ukraine and called for the "earliest possible end to armed conflict" via negotiations.

The statement remains on the company's website.

(Reuters - Reporting by Vladimir Soldatkin/Editing by Gareth Jones)

Categories: Europe People & Company News People Activity

Related Stories

Iberdrola Applies Spanish Coating Tech for German Offshore Wind Farm

Vår Energi Starts Up Another North Sea Project

ESVAGT Acquires Two SOVs from Edda Wind

Current News

Canada’s $4B Floating LNG Scheme Secures 12-Year Export Deal

Iberdrola Applies Spanish Coating Tech for German Offshore Wind Farm

DeepOcean Set for Long-Term IMR Duty with Vår Energi

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

Subscribe for OE Digital E‑News