Russia’s oil giant Lukoil agrees to sell its foreign assets to Gunvor

Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.

Oct 30, 2025 - 16:01
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Russia’s oil giant Lukoil agrees to sell its foreign assets to Gunvor
Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.

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