US EditionLukoil Reports $12Bln Loss in 2025 as Sanctions Force Foreign Asset Write-Off
8 Articles
8 Articles
Even in the late 1990s, the company remained a reliable money machine.
The company recalls that on October 22, the United States imposed restrictive measures against Lukoil's international assets.
The Russian oil giant suffers massively from the US sanctions. After billions of amortizations on foreign business, the Group writes red figures.
Lukoil, Russia's largest private oil company, reported a net loss of 1,059 trillion rubles for the year 2025, according to an IFRS financial report. It is for the first time in 30 years of existence when the giant held by the billionaire Vagit Alekperov ended the year at least, an unprecedented situation even [...]
“Lukoil” for the First Time in History Became Unprofitable: What Is Wrong with the Russian Oil Giant
In 2025, the Russian oil company Lukoil declared a loss of about $12 billion for the first time in history. For details, read ᐅ TSN.ua (news 1+1)
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