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HATC SAMPLE EDITION:
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17th December, 2025
MOL remains in running for Lukoil foreign assets
MOL remains in the race to buy foreign assets offered by the Russian oil company Lukoil after the US Treasury rejected a bid from US-based firm Xtellus Partners, Portfolio writes.
ExxonMobil, Chevron, Abu Dhabi-based International Holding, US investment firm Carlyle and Hungary’s MOL remain in the bidding process, the website writes, citing Reuters.
Lukoil put 12 of its foreign assets up for sale after the US imposed sanctions on the company and fellow Russian energy concern Rosneft in October.
More than a dozen companies submitted bids for the Lukoil portfolio, estimated at around $22 billion, including production projects, refineries and more than 2,000 filling stations across Europe, Central Asia, the Middle East and the Americas.
The US recently extended the deadline for talks related to Lukoil to January 17.
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Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).
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