Lukoil

Russian oil company

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Ukrainian drone strike ignites fire at Lukoil refinery in Russia
military conflicts Feb 12, 2026, 6:40 PM
Ukrainian drone strike ignites fire at Lukoil refinery in Russia
  • A Ukrainian drone attack on February 12 resulted in a fire at Lukoil's oil refinery near Ukhta.
  • Emergency services were called to the scene, and no injuries were reported.
  • This incident reflects a renewed intensity in Ukrainian attacks on Russian energy infrastructure.
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Reliance Industries restarts Russian oil imports amid US sanctions
business Dec 25, 2025, 4:14 PM
Reliance Industries restarts Russian oil imports amid US sanctions
  • Reliance Industries initially halted imports of Russian crude oil due to US sanctions aimed at Russian state-owned suppliers.
  • Reports indicate that Reliance has resumed procurement of discounted Russian crude from non-sanctioned suppliers.
  • This move illustrates the ongoing complexities and strategic decisions within India's energy policy amid geopolitical tensions.
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Bergmair eyes Lukoil's assets amid ongoing sanctions
business Dec 4, 2025, 1:14 PM
Bergmair eyes Lukoil's assets amid ongoing sanctions
  • Lukoil is divesting its overseas assets valued at $22 billion following U.S. sanctions.
  • Bernd Bergmair has expressed interest in acquiring these international holdings.
  • The situation highlights ongoing geopolitical tensions and challenges in international trade.
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Russian oil exports plummet as US sanctions take effect
business Nov 20, 2025, 3:35 PM
Russian oil exports plummet as US sanctions take effect
  • Russian oil exports have fallen dramatically, with primary buyers in India and China moving away due to US sanctions.
  • Export shipments from the Primorsk port, a crucial hub, decreased by 73% recently.
  • The decline in oil exports could lead to significant revenue losses for Russia, resulting in potential budget shortfalls.
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India spends billions on Russian oil despite US sanctions
business Nov 17, 2025, 9:14 AM
India spends billions on Russian oil despite US sanctions
  • In October 2022, India increased its Russian crude imports by 11%, spending around $2.9 billion.
  • The U.S. imposed sanctions on Rosneft and Lukoil to pressure Russia regarding its actions in Ukraine.
  • India's oil purchases from Russia may decline in response to U.S. sanctions, creating uncertainties for the future.
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