Lukoil in Podcasts
companyRussian oil company, major in Russia, targeted by sanctions
Mentions Over Time
Mentions in Podcasts
I wanted to follow up on a story that we've been tracking, and that's the new sanctions that the Trump administration has just slapped on two of Russia's biggest oil companies, Lukoil and Rosneft.
Energy giant Lukoil says it's selling off its overseas assets in one of the most significant corporate retreats since the war in Ukraine began.
As we discussed earlier on the PDB, Trump then moved to impose sweeping sanctions against Rosneft and Lukoil, Russia's two largest oil companies, targeting, of course, the backbone of the Kremlin's exports revenue.
Ukrainian drones struck a Lukoil-operated offshore oil platform in the Caspian Sea, nearly 1,000 miles away from the front lines.
The new sanctions take aim at Rosneft and Lukoil, two oil majors that make up nearly half of all Russian oil exports.
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