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Exxon joins Chevron in pursuing parts of Lukoil global empire, sources say

Exxon, Chevron, Abu Dhabi National Oil Co., and Carlyle Group seek to acquire Lukoil's international assets ahead of December 13 US sanctions, amid a preference for US buyers.

Summary by Reuters
U.S. oil major Exxon Mobil has joined rival Chevron Corp in considering options to buy parts of sanctioned Russian oil major Lukoil's international assets, sources familiar with the matter said.

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Center

Exxon joins Chevron in pursuing parts of Lukoil global empire, sources say

U.S. oil major Exxon Mobil has joined rival Chevron Corp in considering options to buy parts of sanctioned Russian oil major Lukoil's international assets, sources familiar with the matter said.

·United Kingdom
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US oil giant Chevron is exploring options for buying international assets of the sanctioned Russian oil company Lukoil

·Ukraine
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Companies are trying to exploit new market opportunities created by US sanctions

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trend.sk broke the news in on Tuesday, November 18, 2025.
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