The Ukrainian military has carried out attacks in the Caspian Sea, damaging three Russian oil platforms, the General Staff in Kiev reported on Telegram on Sunday, dpa reports. The platforms, which belong to the Russian oil giant Lukoil, are used to supply Russian forces in Ukraine, the General Staff said. Kiev did not give details […]
Chevron and Quantum Energy Partners have joined forces in a joint bid to acquire the international assets of Russian oil company Lukoil, valued at about $22 billion, the Financial Times reported, without providing further details about the offer, writes OilPrice. Reuters noted, in its own material based on information from the FT, that Chevron had […]
Saudi Arabia’s Midad Energy has emerged as a leading contender to buy Russian oil giant Lukoil’s international assets, taking advantage of its close political ties to Moscow and Washington, several sources familiar with the matter told Reuters. Lukoil’s international assets, valued at $22 billion and including oil fields, refineries and thousands of gas stations around […]
Hungarian oil group MOL has informed US officials that it is interested in buying the international assets of Russian oil giant Lukoil, joining a growing list of bidders, three sources familiar with the matter told Reuters. In October, the United States imposed sanctions on Lukoil, Russia’s largest private oil producer, as part of efforts to […]
One of the Romanian companies of the Lukoil group, sanctioned by the United States and with an uncertain future in our country, became, after the first nine months of the year, the main client of Oil Terminal, according to data from the state-owned company that operates the oil terminal in Constanta. Lukoil Romania SRL was […]
Turkish holding Cengiz has no intention of abandoning its plans to acquire the Bulgarian oil refinery Lukoil Neftohim Burgas from Russian company Lukoil, together with the National Oil Company of the Republic of Azerbaijan (SOCAR), reported the Turkish publication Patronlar Dünyası, quoted by Interfax The publication writes that Cengiz and SOCAR previously submitted a joint […]
Former Bulgarian Energy Minister Alexander Nikolov has warned that Bulgaria could face substantial economic losses after Parliament banned Lukoil from exporting diesel and aviation fuel, Novinite reports, Agerpres reports. Speaking on bTV, Nikolov highlighted the central role of the Burgas refinery, which is, directly or indirectly, the country’s largest taxpayer and a key contributor to […]
The Russian publication Kommersant shows that the Russian trader Gunvor will also buy Lukoil’s assets in Romania, which, if true, at least partially clarifies an issue about which nothing is publicly known in Bucharest, at least at the level of officials, although things must be settled by November 21. The Russian oil giant Lukoil announced […]
he Ministry of Energy has taken note of Lukoil’s public statement regarding the intention to sell its international assets and will initiate a process of evaluating the transaction within the Commission for the Examination of Foreign Direct Investments (CEISD), in accordance with the legislation in force, the institution announced on Thursday. ‘We have taken note […]
Lukoil, Russia’s second-largest oil producer, said on Monday it would sell its international assets in response to sanctions imposed by the United States last week over the war in Ukraine, Reuters reported, citing a statement from the Russian company. The planned sale is the largest action yet taken by a Russian company in response to […]
The European Union is considering imposing sanctions on Litasco Middle East DMCC, a Dubai-based trading unit of Russian oil group Lukoil, as part of new measures targeting Russia’s ghost fleet of tankers, Bloomberg reported. According to documents seen by Bloomberg, it would be the first time Western governments have sought to sanction Litasco since the […]
Lukoil, Russia’s second-largest oil producer, plans to raise about $2 billion from the sale of its Burgas refinery, the Russian news agency RIA reported, citing Bulgarian Prime Minister Rosen Zhelyazkov, Reuters reported, citing Agerpres. Lukoil representatives did not respond to requests for comment. Lukoil is considering a possible sale of the Burgas refinery as early […]
Energy experts and economists have urged the Bulgarian government to consider buying the Bulgarian refinery of Russian group Lukoil, amid growing concerns about the potential future owner of the facility, Novinite reports. Official reports show interest from companies from Kazakhstan, Azerbaijan, Hungary and Qatar. These experts, in a letter to the authorities in Sofia, expressed […]
Kazakhstan’s national oil company, KazMunaiGas, is considering the possibility of acquiring the Bulgarian oil refinery Lukoil Neftohim Burgas AD, which belongs to the Russian company Lukoil, Kazinform news agency reports, confirming discussions that have already appeared in the press. The Kazakh agency is the first to publish KazMunaiGas’ position on the matter. “JSC NC KazMunaiGas […]
