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Gunvor withdraws bid for Lukoil assets
Business News

Gunvor withdraws bid for Lukoil assets

Swedish oil billionaire Torbjörn Törnqvist's company Gunvor is withdrawing its bid for Russian oil giant Lukoil's international assets after the company was called "the Kremlin's puppet" in a statement on social media from the US Treasury Department.
Gunvor awaits green light for Russian oil deal
Business News

Gunvor awaits green light for Russian oil deal

Ahead of the purchase of Russian Lukoil's international assets, Swedish oil billionaire Torbjörn Törnqvist's company Gunvor is waiting for the go-ahead from the US sanctions agency Ofac. At the same time, questions are being raised about how the deal will be financed
Turkish refineries cut back on Russian oil
Business News

Turkish refineries cut back on Russian oil

Turkish refineries have begun cutting their purchases of Russian crude oil following the Trump administration's new sanctions against Russian oil giants Rosneft and Lukoil.
Bulgaria halts diesel exports after sanctions
Business News

Bulgaria halts diesel exports after sanctions

Bulgaria temporarily stops exports of diesel and jet fuel, among other things, to secure domestic supply following sanctions against Russian Lukoil.
Swedish billionaire in major deal with Russian Lukoil
Business News

Swedish billionaire in major deal with Russian Lukoil

Russian oil giant Lukoil is selling its international assets to Swedish oil billionaire Torbjörn Törnqvist's company Gunvor, Lukoil announced in a press release. Gunvor confirms the conditional deal
Putin: Sanctions Won't Majorly Impact Russian Economy
World News

Putin: Sanctions Won't Majorly Impact Russian Economy

USA's sanctions against Russia's oil giants Rosneft and Lukoil will have no major impact on the Russian economy, claims President Vladimir Putin. At the same time, he keeps the door open for dialogue
US Sanctions on Russian Oil Giants Spark Outrage
World NewsTop News

US Sanctions on Russian Oil Giants Spark Outrage

Volodymyr Zelenskyj thanks USA's president Donald Trump for the American sanctions against the Russian oil giants Lukoil and Rosneft. From Russian side come angry reactions
Trump's Oil Sanctions Target Russian Companies to Pressure Putin
Business NewsTop News

Trump's Oil Sanctions Target Russian Companies to Pressure Putin

USA's president Donald Trump announced tonight that USA introduces sanctions against Russia's oil giants Rosneft and Lukoil. The measure is taken to put pressure on Vladimir Putin as part of the efforts to bring an end to the war in Ukraine
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