Region: US extends sanctions deadline to allow Lukoil overseas asset sales
The United States has adjusted its sanctions timetable, granting Russian oil producer Lukoil additional time to complete the sale of […]
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Bulgaria: Chevron and Quantum eye $22B bid for Lukoil’s international assets, shaking up SEE oil market
A major shift may be underway in the global oil market as US energy giant Chevron and private equity firm
US extends deadline for sale of Lukoil’s foreign assets amid global interest
The United States has extended the deadline for negotiations regarding the sale of Lukoil’s foreign assets. Under a general license
Romania considers amendments to Oil Law, potentially stripping Lukoil of trident offshore concession
Romanian authorities are reviewing major amendments to the Oil Law that could remove Lukoil’s dominant position in the Trident offshore
Bulgaria seeks stability amid Lukoil sanctions, no investor proposals yet
Bulgarian Energy Minister Zhecho Stankov stated that the Ministry has not received any official investor proposals for the Bulgarian subsidiaries
Bulgaria walks a tightrope: Sanctions, diplomacy and the uncertain future of Lukoil
Prime Minister Rosen Zhelyazkov stated that the long-term outlook of the Lukoil Group in Bulgaria will largely depend on the
Romania: Three international bidders show interest in acquiring Lukoil assets
Three prospective buyers from Romania, the European Union and the United States have expressed interest in acquiring Lukoil’s Romanian assets,
Romania prepares emergency legislation to enable sale of Lukoil’s petrotel refinery
Romania is preparing special legislation to enable the sale of Lukoil’s local assets, including the Petrotel refinery, marking a shift
Bulgaria takes control of Lukoil operations as company considers court response
Russian oil company Lukoil announced that it may pursue legal action if it determines that its rights or legitimate interests
Region: Chevron joins bidders eyeing Lukoil’s international assets after U.S. sanctions shift
US energy giant Chevron is evaluating selective opportunities to acquire parts of the international portfolio of Russian oil company Lukoil,
Bulgaria confirms no extra U.S. conditions for Lukoil sanctions waiver
Energy Minister Zhecho Stankov stated that Bulgaria is not subject to any additional U.S. conditions for the recently approved sanctions
Region: US extends license for Lukoil asset transactions until 13 December
The US Department of the Treasury’s Office of Foreign Assets Control has issued a new license allowing transactions related to