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.

SOFIA, Bulgaria: Bulgaria’s parliament on Friday adopted legal changes to place a major Lukoil refinery in the east of the country under state control following US sanctions against the Russian oil giant. The United States last month hit Russia’s two biggest oil producers — Rosneft and Lukoil — with sanctions over its war in Ukraine.

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