Lukoil in Talks to Sell Overseas Assets to Carlyle
Lead: On Jan. 29, 2026, Lukoil said it has reached an agreement in principle for U.S. private equity firm Carlyle to take over most of its foreign assets, excluding operations in Kazakhstan. The announcement follows U.S. Treasury sanctions imposed in October 2025 and parallel European Union measures that have curtailed Russia’s fuel exports. Lukoil and … Read more