Lukoil, Russian Technologies corporation strike cooperation deal

Russian oil major Lukoil and the Russian Technologies State Corporation have concluded a cooperation agreement, the companies announced in a joint statement today.

The companies plan to work out proposals to supply Lukoil's energy resources to the corporation's subsidiaries. They also intend to focus on cutting energy waste, introduction of the corporation-developed technological innovations at Lukoil, joint development of top-priority and innovative projects, and efforts to facilitate introduction of innovative technologies and products developed by Lukoil.