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Chevron exploring options to buy Lukoil's assets, sources say

ReutersNov 17, 2025 3:53 PM

- Oil major Chevron CVX.N is studying options to buy international assets of sanctioned Russian oil firm Lukoil LKOH.MM, five sources familiar with the process told Reuters.

On Friday, the U.S. Treasury gave clearance to potential buyers to talk to Lukoil about foreign assets.

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