The company stated that the asset sale is being carried out under a U.S. Office of Foreign Assets Control (OFAC) wind-down ...

Lukoil will have "an obligation" to sell its local refinery Petrotel before next month's deadline, Romania's state secretary for energy, Cristian Bușoi, told Politico in the context of the sanctions ...

The US is imposing sanctions on Russia’s two biggest oil companies, Rosneft and Lukoil, aiming to “degrade” Vladimir Putin’s ...

The Treasury Department blacklisted state-run oil giant Rosneft PJSC and Lukoil PJSC because of “Russia’s lack of serious ...

Lukoil, one of Russia's largest oil producers, said it plans to sell its foreign assets following new U.S. sanctions targeting the company and its subsidiaries. "PJSC Lukoil informs that owing to ...

The restrictions placed this week on Rosneft and Lukoil, which account for about half of Russia’s daily oil production of ...

The parliamentary group “Yes, Bulgaria” (WCC-DB) has called for urgent hearings with the ministers of energy, economy, and ...

The Asian nations are the world’s most prolific purchasers of Russian oil — together accounting for a whopping 85% of ...