Chevron Stays in the Hunt for Lukoil’s International Assets

Market Intelligence Analysis

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Why This Matters

Chevron is still in the running to acquire Lukoil's international assets, despite Lukoil signing a preliminary deal with Carlyle. The negotiations are ongoing, with multiple parties involved. The outcome remains uncertain.

Market Impact

Market impact analysis based on neutral sentiment with 75% confidence.

Sentiment
Neutral
AI Confidence
75%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

A consortium comprising Chevron and a group led by an investment bank continues negotiations with Lukoil and U.S. officials to buy the Russian firm’s international assets, even as Lukoil has signed a preliminary non-exclusive deal with Carlyle, multiple sources with knowledge of the ongoing talks tell Reuters. Last week, Lukoil announced it had agreed to sell most of its international assets to private equity giant Carlyle. The agreement is not exclusive and is subject to conditions such as the procurement of necessary…

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Original article published by OilPrice.com on February 6, 2026.
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