Russia’s Lukoil Calls For End To The Ukraine War, As The Oil Company Suffers Losses

A worker tightens the bolts of a pipe on the Russian LUKoil ice-resistant fixed platform LSP-1, built at the Astrakhansky Korabel shipyard and intended to drill and operate wells and collect and pre-treat reservoir content at Korchagins oilfield in the Russian sector of the Caspian Sea some 180 kilometers (112 miles) outside Astrakhan. Mikhail Mordasov/AFP/Getty Images

The head of Russia’s second-largest oil company, Lukoil on March 3 has called for an immediate halt to fighting in Ukraine, in a sign of weakening support for the conflict among some of the country’s influential oligarchs.

The oil giant is the first major Russian firm to speak out against Putin’s decision to invade its neighbor.