Lukoil’s Suitor List Expands to Exxon, Chevron, Abu Dhabi
NeutralFinancial Markets

- Exxon Mobil Corp., Chevron Corp., Abu Dhabi National Oil Co., and Carlyle Group are showing interest in Lukoil PJSC’s international assets, with the sale being expedited due to upcoming US sanctions. These sanctions are anticipated to significantly affect Lukoil's operations, leading the company to explore options for divesting its assets.
- The involvement of major players like Exxon and Chevron indicates a competitive landscape for Lukoil’s assets, potentially enhancing the value of the sale. This development highlights the strategic shifts in the oil market as companies adapt to regulatory changes and seek to optimize their portfolios.
— via World Pulse Now AI Editorial System


