1. Lukoil to Sell International Assets to Gunvor

    ...taining permission from the US Treasury’s Office of Foreign Assets Contral (Ofac), says Lukoil. Gunvor was founded in 2000 and has previously had to deny links to the Kremlin. In 2014, Russian co-founder Gennady Timchenko sold his 43% stake to his Swedish co-founder and Gunvor CEO Torbjörn Törnqvist ju...

    Volume: 68
    Issue: 44
    Published at Fri, 31 Oct 2025