Chevron explores possibility of buying out assets of sanctioned Lukoil - Reuters

Energy corporation Chevron is considering buying out part of the foreign business of Russian oil giant Lukoil, which has fallen under U.S. sanctions, five sources told Reuters. According to them, the U.S. company is studying options to buy those assets that overlap with its own, rather than the entire foreign portfolio of Lukoil, estimated at a minimum of $20 billion, the agency said.

Chevron told him it does not comment on commercial matters.

Last week, the U.S. Treasury Department authorized potential buyers to negotiate with the Russian oil producer over its foreign assets. At the same time, Reuters sources reported that the Carlyle investment fund was also considering the possibility of acquiring them. Earlier, Gunvor Group, one of the world's largest commodity traders, announced its desire to buy the business, but later withdrew its bid, Bloomberg reported . This happened after the U.S. Treasury Department said in social network X that Gunvor is a "puppet of the Kremlin" and will never get a license.

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