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

Gunvor Group Chief Executive Officer Torbjörn Törnqvist said an agreement to acquire Russian oil producer Lukoil PJSC’s ...

The deal is set to hand Gunvor an extensive portfolio of assets, including major projects in Egypt, Azerbaijan and Uzbekistan ...

Gunvor is required to secure OFAC permission, along with any other necessary licences, permits and authorisations in relevant ...

Sanctions-hit Lukoil says it accepted Gunvor offer 'having undertaken not to negotiate with other potential buyers' ...

Sanctioned Russian oil producer Lukoil PJSC has agreed to sell its international assets to energy trader Gunvor Group.

Torbjörn Törnqvist has just struck one of the deals of his lifetime, pouncing on the overseas operations of Lukoil soon after the Russian oil producer was hit with U.S. sanctions.

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 ...

Lukoil said on Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which ...

The buyer, energy trading firm Gunvor, was co-founded by Russian billionaire and Putin ally Gennady Timchenko.

Gunvor Group plans to address concerns over Russian influence in its new asset purchase from Lukoil. With talks underway with regulators, Gunvor's CEO Torbjorn Tornqvist assures a "clean break" from ...

Lukoil has agreed to sell most of its international assets to Swiss commodity trader Gunvor after the US imposed sanctions on ...