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Lukoil Halts Iraqi Operations After Sanctions, Declares Force Majeure – Reuters

According to Reuters, Iraq’s state oil authorities have frozen all cash and crude payments to Lukoil in compliance with U.S. and British sanctions imposed...

Bulgaria Adopts Law to Take Control of Russia's Lukoil Refinery

Lukoil has owned the Neftochim plant, the largest oil refinery in the Balkans, since 1999.

Gunvor Pulls $22Bln Lukoil Deal After U.S. Labels Company ‘Kremlin Puppet’

The U.S. Treasury said the U.S. would “never” allow Gunvor to operate Lukoil’s assets while Putin “continues the senseless killings” in Ukraine...

Chinese Refiners Cut Russian Oil Imports Ahead of New U.S. Sanctions – Bloomberg

State-owned giants Sinopec and PetroChina have already canceled some shipments of Russian oil, Bloomberg cited traders as saying.

Lukoil Accepts Oil Trader Gunvor’s Offer to Buy International Assets After U.S. Sanctions

“The key terms of the transaction have been earlier agreed by the parties,” Lukoil said in a statement.

What New U.S. Sanctions on Rosneft and Lukoil Mean for Russia’s Oil Trade

Trump is seeking to pressure buyers of Russian oil and tighten financial pressure on the Kremlin as he seeks to end the war in Ukraine. Will it work?

Russia's Lukoil to Sell Overseas Assets After U.S. Sanctions

The sanctions are set to freeze all Rosneft and Lukoil assets in the United States and prohibit U.S. companies from doing business with them.

United Kingdom Declares ‘Russian Oil Is Off the Market’ as it Sanctions Rosneft and Lukoil

The British government accused Rosneft and Lukoil of either benefiting from or supporting the Russian government through their business dealings.

Lukoil Profits Drop Nearly 30% in 2024 Amid Asset Losses, Higher Taxes

Analysts said that one-off expenses, such as year-end asset write-offs and tax reassessment, were the main factors behind Lukoil’s profit decline.

Russia to Explore Mega Oil Merger – WSJ

The deal, combining Rosneft, Gazprom Neft and Lukoil would create the second-largest oil producer in the world.

Ukrainian Sanctions Halt Lukoil Deliveries to Slovakia, Hungary – Reports

Sanctions signed by Zelensky have effectively banned Russia’s second-largest oil producer Lukoil from using Ukraine as a transit hub.

Lukoil Mulls Over Selling Bulgarian Oil Refinery

Lukoil slammed plans by the Bulgarian government to end imports of Russian crude oil, saying that it may sell its refinery in the Black Sea nation.

Italy Puts Lukoil-Run Refinery Into State Supervision: Source

Italy has placed a refinery run by Russian oil giant Lukoil under provisional state supervision to avoid its closure and guarantee energy supplies, a government...

Northern Russia Oil Spill 4-5x Larger Than Initial Estimates, Officials Say

Environmentalists warn that the oil slick is moving toward the Arctic Ocean and will harm local birds and fish.

Russian Authorities Battle to Contain New Arctic Oil Spill

Regional authorities in Far North Russia declare a state of emergency as contaminated waters approach populated areas.

Russia’s Lukoil to Abandon Saudi Arabia Gas Project

Russian oil giant to transfer its 80% stake in troubled exploration project to Saudi Aramco.

Oil Prices Rise to Highest Level in Two Years

The jump in oil prices will come as a blessing for Russia

Classic MT: Oil Enriching Nenets, Bankrupting Traditions

As oil production spreads to the Arctic, Russia risks a serious threat to the native cultures that have inhabited these areas for centuries.

Britain Liquidates Russian Oil Companies' Fraudulent 'Clones'

On paper, the firms looked like legitimate subsidiaries of major Russian oil and gas companies. One problem: They were fake.

Two Angry Men: Rosneft and Lukoil Spokesmen Locked in Facebook Feud

The detention of Economic Development Minister Alexei Ulyukayev on corruption charges has sent shockwaves through Russia's state elite. But it has also...

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