Russia’s second-largest oil producer Lukoil reached a tentative agreement on Thursday to sell the majority of its ...

By Anna Hirtenstein Feb 6 (Reuters) - Chevron is one of at least two companies vying for Lukoil’s global assets, despite the ...

Russian oil company Lukoil plans to sell its international assets to U.S. private equity firm Carlyle Group, Lukoil said ...

The agreement covers the sale of its wholly owned subsidiary Lukoil International GmbH (LIG), which holds the company’s ...

The deal with Carlyle comes after the United States and the European Union imposed sanctions on Lukoil, putting a dent in the Kremlin’s oil revenue.

By Shadia Nasralla and Anna Hirtenstein LONDON, Jan 30 (Reuters) - U.S. private equity firm Carlyle has begun exploratory ...

The Iraqi government has decided to operate the West Qurna-2 oil field through the Basra Oil Company (BOC), a subsidiary of ...

By Vladimir Soldatkin and Olesya Astakhova MOSCOW, Jan 29 (Reuters) - U.S. private equity firm Carlyle Group has agreed to an initial deal to buy most of Lukoil's foreign assets, which Russia's second ...

The US sanctions on Lukoil and rival Russian oil company Rosneft came last year as Washington increased pressure on the Kremlin over the war in Ukraine. The move threatened the ability of Lukoil’s ...

After the United States imposed sanctions on Russia’s two biggest oil producers, the ripple effects wreaked havoc on business ...

Lukoil has agreed to sell most of its international assets to Carlyle amid Western sanctions and competing bids.

Chevron is vying for Lukoil’s global assets, despite the Russian energy company's initial agreement to sell them to US ...