Lukoil Agrees to Sell International Assets to Carlyle

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Why This Matters

Lukoil has agreed to sell its international assets to Carlyle, a private equity giant, following US sanctions and a decision to divest international assets due to Russia's involvement in the Ukraine war.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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Russia’s oil producer Lukoil has agreed to sell most of its international assets to private equity giant Carlyle. Following the U.S. sanctions on Lukoil and Rosneft, “as a result of Russia’s lack of serious commitment to a peace process to end the war in Ukraine,” Lukoil announced in October it would sell all of its international assets, initiating a formal process to receive bids from potential buyers. After months of negotiations with potential buyers and one preliminary agreement with Gunvor blocked…

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Original article published by OilPrice.com on January 29, 2026.
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