Russian oil company Lukoil plans to expand its activities in Uzbekistan, with potential areas including geological exploration, hydrocarbon development and retail fuel sales. The plans were discussed during a meeting between President Shavkat Mirziyoyev and Lukoil founder Vagit Alekperov.
Russian authorities said 11 people, including four children, had been killed by Ukraine in an overnight attack on a holiday camp, accusing Kyiv on Saturday of deliberately targeting civilians.
U.S. oil major Chevron and private equity firm Quantum Capital Group are reportedly preparing a joint bid to acquire Lukoil’s international assets, as the sanctioned Russian energy company seeks to divest its overseas operations.
Britain targeted Russia's two largest oil companies, Lukoil and Rosneft, and 44 shadow fleet tankers on Wednesday in what it described as a new bid to tighten energy sanctions and choke off Kremlin revenues.
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