A New Jersey court allowed nearly 30 Lukoil franchisees to proceed with a lawsuit alleging the Russian oil giant overcharged gasoline prices to offset revenue losses from sanctions. The judge rejected
Russia's seventh-largest oil refinery, operated by Lukoil, halted production following a Ukrainian drone attack damaging infrastructure. The facility processes 252,000 barrels per day, impacting regio
Bulgaria's parliament lifted a fuel export ban to facilitate Lukoil's Burgas refinery operations and comply with EU single market principles. The decision resolves financial losses and administrative
Financial Times reports billionaire Todd Boehly secured backing from the US government and Gulf brokers to bid for Russian oil giant Lukoil's international assets, though Reuters could not verify the
Ukraine claimed strikes on Lukoil’s Volgograd refinery, threatening fuel supplies as processing rates hit multiyear lows amid ongoing drone attacks on Russian energy infrastructure.
A Ukrainian drone strike damaged Lukoil's Perm refinery, shutting down its primary crude distillation unit (CDU-5). Sources indicate the plant may operate at 75% capacity pending repair estimates.
The Bulgarian parliament enacted legislation limiting the powers of a special manager overseeing Lukoil's Burgas refinery, aiming to restore government oversight while US sanctions waivers allow conti
Lukoil's Volgograd refinery suspended operations following a Ukrainian drone attack, halting its main crude distillation unit which accounts for 40% of capacity and 5% of Russia's total refining volum
The U.S. Treasury extended the deadline for purchasing Lukoil's $22 billion international asset portfolio to June 27, allowing talks with bidders like ExxonMobil while ensuring proceeds support sancti
Russia's Perm oil refinery owned by Lukoil halted processing following a Ukrainian drone attack on May 7, damaging equipment and stopping three primary crude distillation units. Repairs may take sever
Ukrainian drones damaged Lukoil’s Permnefteorgsintez refinery and a Transneft pumping station, reducing Russia’s crude-processing capacity to 2022 lows. The strikes escalate Kyiv’s campaign against Mo
The U.S. Treasury extended the deadline for purchasing Russia's Lukoil international assets to May 30, covering a $22 billion portfolio including oilfields and refineries amid ongoing Ukraine war sanc
The Trump administration extended a sanctions waiver allowing Lukoil retail stations outside Russia to operate until October 29, covering approximately 2,000 locations globally. Additionally, the Trea
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