US Treasury extends license for negotiations on Lukoil's foreign assets
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.
LukOil
US approves 20 bln dollar deal to buy Lukoil's foreign assets
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.
License for sale of Lukoil's foreign assets extended
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.
US extends sanctions exemption for sale of Lukoil International
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.
EU may impose sanctions against Lukoil and Rosneft - report
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.
Washington extends license to sell Lukoil foreign assets
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).
Russia and Kazakhstan seek compromise in Caspian fields development
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.
Oil accounts for 60 of Azerbaijan's sea freight in January
Overall sea freight volumes decreased by 20%
Lukoil to sell its foreign assets to US-Carlyle
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 ready to acquire Lukoils stake in its oil and gas assets
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.
U.S. extends license for operations with sanctioned Lukoil
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.
Iraq plans to nationalize West Qurna-2 field
The Iraqi government has decided to nationalize operations at the oilfield to ensure its uninterrupted operation amid US sanctions
U.S. Treasury prevents bank from purchasing LUKOIL assets
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.
Tashkent in talks with Washington regarding Lukoil assets
The USA has sent a letter to Uzbekistan regarding the future of Lukoil's Russian assets in the country.
U.S. Treasury authorizes transactions for sale of Lukoil's foreign assets
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.
U.S. backs Iraq plan to move Lukoil West Qurna-2 to American firm
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 rejects Lukoil's participation in West Qurna 2 development
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.
UAE company interested in acquiring Lukoil's foreign assets
Abu Dhabi-based investment fund International Holding Company (IHC) has expressed interest in acquiring Lukoil’s foreign assets.
U.S. removes anti-Russia sanctions on Karachaganak
The United States has decided to exempt the Karachaganak field development project, the Caspian Pipeline Consortium (CPC) and Tengizchevroil from sanctions against Rosneft and Lukoil, according to General License No. 124B released by the U.S. Department of the Treasury.
Lukoil in talks with several buyers on overseas assets sale
Lukoil is holding talks on the sale of its overseas assets with several buyers, the company's press service said.
