A consortium led by U.S. billionaire Todd Boehly is preparing a securities swap to acquire sanctioned Russian oil major Lukoil's international assets and a deal is expected within weeks, Reuters reported.
The UK Treasury's Office of Financial Sanctions Implementation has extended a license due to expire on October 29, 2026, for transactions with Lukoil's Bulgarian entities under the imposed sanctions restrictions until February 26, 2027.
The US Department of the Treasury has once again extended a license that exempts negotiations concerning the sale of Lukoil's foreign assets from US sanctions.
The Trump administration is backing a deal for Russian oil giant Lukoil’s overseas assets that is poised to deliver billions of dollars to the U.S. Treasury and bring shuttered refining capacity back online, The New York Post reported, citing a government insider.
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has extended to October 22 the license authorizing negotiations and the entry into conditional agreements with Lukoil regarding the sale of Lukoil International GmbH, which holds the oil company's foreign assets, or any controlled entity.
The U.S. administration has extended until August 22 the sanctions exemption allowing for the sale of Lukoil International GmbH (LIG), according to General License 131H released by the U.S. Department of the Treasury’s Office of Foreign Assets Control.
The European Union is considering imposing new restrictive measures against Russian companies Lukoil and Rosneft as part of preparations for the 21st sanctions package, Politico reported, citing documents related to negotiations on sanctions policy.
The U.S. Department of the Treasury has issued a license for transactions for the sale of Lukoil's foreign assets until May 30, 2026, according to a statement by the Department of the Treasury’s Office of Foreign Assets Control (OFAC).
KazMunayGas (KMG) and Russia's Lukoil are now trying to solve the issue of financing the further implementation of the Kalamkas-Sea and Khazar projects in Kazakhstan's sector of the Caspian Sea, head of the Kazakh state oil company Askhat Khassenov said.
Overall sea freight volumes decreased by 20%
Lukoil has reached an agreement with U.S. investment company Carlyle to sell Lukoil International GmbH, which owns its foreign assets, Russia’s oil major announced.
Kazakhstan has submitted a formal bid to the U.S. authorities to acquire Russian oil producer Lukoil's in the country's energy projects, Kazakh Energy Minister Yerlan Akkenzhenov said.
The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) has extended the license that authorizes negotiations and entry into contingent contracts with Russian oil company Lukoil for the sale of Lukoil International GmbH (LIG) or any companies it controls until February 28.
The Iraqi government has decided to nationalize operations at the oilfield to ensure its uninterrupted operation amid US sanctions
The U.S. Treasury has rejected an offer from the U.S. investment bank Xtellus Partners to buy foreign assets of Russian oil major Lukoil, Reuters reported, citing sources.
The USA has sent a letter to Uzbekistan regarding the future of Lukoil's Russian assets in the country.
Washington has issued a license for transactions for the sale of Lukoil's foreign assets until January 17, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) reported.
The U.S. government is backing Iraq's plan to transfer Lukoil PJSC's stake in the West Qurna 2 oil field to a U.S. company.
Iraq plans to invite a select group of major U.S. oil companies for direct negotiations over the acquisition of Russia's Lukoil’s stake in the giant West Qurna-2 oil field.
Abu Dhabi-based investment fund International Holding Company (IHC) has expressed interest in acquiring Lukoil’s foreign assets.
