The US extended a sanctions waiver for some Lukoil PJSC transactions until next month as deal discussions over the sale of the firm’s foreign assets picked up.
The US extended a sanctions waiver for some Lukoil PJSC transactions until next month as deal discussions over the sale of the firm’s foreign assets picked up.
A Lukoil PJSC sign at the company's headquarters in Belgrade, Serbia.
The US extended a sanctions waiver for some Lukoil PJSC transactions until next month as deal discussions over the sale of the firm’s foreign assets picked up.
The US extended a sanctions waiver for some Lukoil PJSC transactions until next month as deal discussions over the sale of the firm’s foreign assets picked up.
A Lukoil PJSC sign at the company's headquarters in Belgrade, Serbia.
Chevron Chief Executive Officer Mike Wirth discusses the impact of lower oil prices on exploration, discussions with the Trump administration on remaining in compliance with sanctions in Venezuela, power needs for artificial intelligence, and what he sees for the future of oil and gas prices. (Source: Bloomberg)
Chevron Chief Executive Officer Mike Wirth discusses the impact of lower oil prices on exploration, discussions with the Trump administration on remaining in compliance with sanctions in Venezuela, power needs for artificial intelligence, and what he sees for the future of oil and gas prices. (Source: Bloomberg)
The US government is backing Iraq’s plan to transfer Lukoil PJSC’s stake in a giant oil field to an American company, days before a sanctions waiver on the Russian firm is set to expire.
The US government is backing Iraq’s plan to transfer Lukoil PJSC’s stake in a giant oil field to an American company, days before a sanctions waiver on the Russian firm is set to expire.
Lukoil North America, the US arm of sanctioned Russian oil giant Lukoil PJSC, is relying on two small New Jersey banks to keep its gas stations afloat after losing financing.
Lukoil North America, the US arm of sanctioned Russian oil giant Lukoil PJSC, is relying on two small New Jersey banks to keep its gas stations afloat after losing financing.
A Lukoil PJSC logo sign at a gas station in Bucharest, Romania, on Wednesday Oct. 29, 2025. Russian energy giant Lukoil said it’s talking to bidders about its international energy assets, with days to go before US sanctions against the company are due to begin on Nov. 21. Photographer: Ioana Moldovan/Bloomberg
The Trump administration extended a waiver for Lukoil PJSC’s gas stations outside of Russia, allowing them to continue operations until late April 2026.
The Trump administration extended a waiver for Lukoil PJSC’s gas stations outside of Russia, allowing them to continue operations until late April 2026.
Vehicles at a Lukoil PJSC petrol station in Belgrade, Serbia, on Wednesday, Oct. 29, 2025. Russia’s second-largest oil producer, Lukoil announced plans to sell international assets after being hit by US sanctions last week.
The credentials of the trader’s new CEO may help reassure the US administration.
The Gunvor Group Ltd. refinery at the Port of Rotterdam in Rotterdam, Netherlands, on Tuesday, March 8, 2022. Europe's biggest port is where the sharp end of sanctions against Russia looks likely to hurt the Netherlands, even if the nation's economic statistics might suggest otherwise. Photographer: Peter Boer/Bloomberg
Iraq plans to invite a select group of major US oil companies for direct negotiations over the acquisition of Lukoil PJSC’s stake in the giant West Qurna-2 oil field, as Baghdad accelerates efforts to reshape ownership of one of its key energy assets.
Iraq plans to invite a select group of major US oil companies for direct negotiations over the acquisition of Lukoil PJSC’s stake in the giant West Qurna-2 oil field, as Baghdad accelerates efforts to reshape ownership of one of its key energy assets.
A picture taken on April 17, 2017 shows flames rising from the burning of excess oil at the West Qurna-2 oilfield, west of Basra in southern Iraq.
Abu Dhabi’s International Holding Co. is exploring a possible acquisition of Lukoil PJSC’s overseas operations, the company said, the latest suitor positioning for opportunities created by Western sanctions on the Russian energy giant.
Abu Dhabi’s International Holding Co. is exploring a possible acquisition of Lukoil PJSC’s overseas operations, the company said, the latest suitor positioning for opportunities created by Western sanctions on the Russian energy giant.
Attendees near the Lukoil PJSC stand at the ADIPEC conference in Abu Dhabi, United Arab Emirates, on Nov. 4.
Russian energy giant Lukoil PJSC dissolved the supervisory board of its international business, the latest sign of how US sanctions — the first of which begin on Friday — are affecting the firm.
Russian energy giant Lukoil PJSC dissolved the supervisory board of its international business, the latest sign of how US sanctions — the first of which begin on Friday — are affecting the firm.
Oil from Lukoil PJSC’s share of a field in Iraq is continuing to flow to global markets, alleviating concerns about supply disruption in the wake of sanctions on the Russian energy giant.
Oil from Lukoil PJSC’s share of a field in Iraq is continuing to flow to global markets, alleviating concerns about supply disruption in the wake of sanctions on the Russian energy giant.
An Iraqi oil worker adjusts valves at an oil refinery.
The seizure of oil refineries in Bulgaria and potentially Serbia shows how Putin’s influence has waned in the region since he invaded Ukraine.
The Lukoil Neftohim Burgas oil terminal near Burgas, Bulgaria, last year. The government has now appointed a manager to find a buyer for Lukoil’s assets in the country.
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