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Dec 9 (Reuters) - Russia's Lukoil has until December 13 to negotiate the sale of the bulk of its international assets after the U.S. imposed sanctions on the company and rejected its initial buyer, Swiss commodity trader Gunvor. Lukoil's international assets, spanning upstream oil and gas projects, refining, and more than 2,000 filling stations across Europe, Central Asia, the Middle... Continue Reading →
Nov. 26 (oilprice.com) The Trump administration is after Venezuela’s oil with its military campaign against the South American country, the president of Colombia, Gustavo Petro, told CNN in an interview. “(Oil) is at the heart of the matter,” Petro told the U.S. news outlet. “So, that’s a negotiation about oil. I believe that is (US President... Continue Reading →
Nov 21 (Reuters) - U.S. sanctions are dismantling what remains of Lukoil's Litasco, once Russia's biggest oil trader and a rival to top Swiss houses and oil majors, five sources told Reuters. The measures, which also target state-owned Rosneft, took effect on Friday as Washington seeks to choke off Moscow’s ability to fund its war in... Continue Reading →
Brazil Energy Insight 