Gunvor Group Chief Executive Officer Torbjörn Törnqvist said an agreement to acquire Russian oil producer Lukoil PJSC’s ...

Russian oil major Lukoil is struggling to keep operations running at its sprawling foreign businesses as Western sanctions disrupt oil loadings in Iraq, pump stations in Finland and trading in ...

Russian oil giant Lukoil, which was recently sanctioned by the United States and the United Kingdom along with Rosneft, is ...

Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed ...

The company said in a statement that it was already talking with potential purchasers. The transactions would be carried out ...

A fire has broken out in an industrial zone in the town of Kstovo in Russia's Nizhny Novgorod Oblast following a nighttime ...

Sanctions-hit Lukoil says it accepted Gunvor offer 'having undertaken not to negotiate with other potential buyers' ...

Gunvor Group CEO Torbjorn Tornqvist told Reuters on Wednesday that a potential deal to buy the foreign assets of Russia's ...

Iraq’s state oil marketer SOMO has canceled three crude shipments from Russia’s Lukoil following new U.S. sanctions, forcing Lukoil to sell its international assets to Gunvor.

Major refiners, including Reliance Industries, are halting purchases, leading to a sharp decline in Russian arrivals. Future ...

Lukoil’s withdrawal from international holdings marks another escalation in the economic decoupling between Russia and the ...