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Russia's Lukoil moves to sell most foreign assets to US firm

Summary by thecradle.co
Lukoil did not disclose the potential sale price, with negotiations ongoing with other prospective buyers

4 Articles

Lukoil’s assets in Romania could be reached by Americans. The company announced that it had found a buyer for its assets around the world, including those in Romania, i.e. hundreds of petrol and Petrotel refinery.

·Bucharest, Romania
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The U.S.-sanctioned Russian oil company Lukoil plans to sell its foreign business to the U.S. investment company Carlyle. A contract has been concluded, but it depends on the approval of the U.S. financial authority, Lukoil announced.

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Today, Thursday, the Russian oil giant Luke Oil Company revealed that its offshore projects, including oil fields in Iraq, were sold to a group of American companies.

·Baghdad, Iraq
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non14.net broke the news in Baghdad, Iraq on Thursday, January 29, 2026.
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