The Bulgarian government moved quickly on Friday to propose urgent amendments expanding the authority of the special administrator overseeing the

Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.

Move comes in bid to protect Bulgaria's energy supply as US sanctions imposed on Lukoil OAO assets could effectively lead to shutdown of country’s only oil refinery - Anadolu Ajansı

Uncertainty surrounds a $6 billion offshore oil development in Kazakhstan following the imposition of sanctions on Russian oil producer Lukoil, sources have told Upstream.

Senior Managing Director Rick Rieder, who is reportedly on the Trump administration's short list to succeed Federal Reserve Chair Jerome Powell, said he thinks interest rates should be cut to 3% amid a weakening labor market.

HELSINKI (Reuters) -Finnish petrol station chain Teboil, owned by Russia's Lukoil, is running out of fuel as U.S. sanctions against its parent company prevented it from doing business, daily Helsingin Sanomat reported on Friday,

Swiss trader’s audacious swoop on Russian group’s overseas assets revives industry speculation over Kremlin links