E&E News

Gunvor pulls offer for Lukoil as US brands firm ‘Kremlin puppet’

The Swiss-based trading house, which had offered to buy the Russian oil giant’s international assets, called the accusation ...

Trump Administration Blocks Gunvor Takeover of Russian Oil Assets

To save his company, Gunvor’s other co-founder, Torbjörn Törnqvist, bought Timchenko’s shares. He sold Russian assets and ...

Hours After US Rebuke, Gunvor Secures $2.4 Billion From Banks

A syndicate of international banks agreed to provide commodity trader Gunvor Group with $2.4 billion in credit, with the ...
TradeWinds

Gunvor raises $2.4bn in third sustainability-linked financing to cut fleet emissions

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Gunvor warns of fuel shock as $22bn Lukoil deal prompts concern over Russia ties

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

The United States did not expect speed from Lukoil: they refused the deal because they were out of business?

EADaily, November 7th, 2025. The US Treasury Department refused a deal to sell Lukoil's international assets to a Gunvor ...

Too big to swallow? Lukoil empire no simple acquisition for Gunvor

Vienna-based owner Lukoil International GmbH had equity of $22bln, its 2024 financial report showed, with $18.8bln worth of ...
Devdiscourse

U.S. Treasury Blocks Gunvor's Ambitions Amid Sanctions

The U.S. Treasury denied Swiss commodity trader Gunvor a license to acquire international assets from Russian energy giant Lukoil, citing sanctions against Lukoil. These U.S. sanctions aim to reduce ...