Chevron Reportedly Interested in Acquiring Lukoil's Non-Russian Assets
1 day agoBusiness
52LENS
1 SourcesAbu Dhabi, United Arab Emirates
TBNthebalanced.news
Chevron Reportedly Interested in Acquiring Lukoil's Non-Russian Assets

US oil giant Chevron is reportedly interested in acquiring Lukoil's non-Russian assets, including production, refining, and retail stations across Europe, Asia, and the Middle East. The bid, led by Quantum and Artemis Energy, aims for long-term ownership, potentially appealing to the US administration. This follows a US decision to allow foreign investors to negotiate for Lukoil's foreign assets without reprisal, despite previous sanctions on Russian oil producers.

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