Carlyle Eyes Lukoil Assets After Gunvor's $22 Billion Deal Collapses

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Carlyle is in talks with Lukoil to acquire its international operations, following the collapse of Gunvor's $22 billion deal due to US government opposition.

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Market impact analysis based on bullish sentiment with 72% confidence.

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Bullish
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72%

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Carlyle is in talks with Lukoil for the potential acquisition of the latter’s international operations, Reuters has reported, citing unnamed sources. The news follows Gunvor’s attempt to buy the assets, only to change its mind after the Trump administration called it a “Kremlin puppet” and said it would block the deal. The private equity major is still in the early stage of the negotiations, but it has applied for a license that would clear the way to an acquisition, one of the Reuters sources told the publication. The next…

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Original article published by OilPrice.com on November 14, 2025.
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