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The Latest Breaking News from Lukoil

EU fails again to sanction Patriarch Kirill as Bulgaria slaps veto

Bulgaria succeeded in its opposition to blacklisting Patriarch Kirill and Vagit Alekperov, as both contentious names were removed from the EU sanctions package that remains under negotiation.

Euronews

EU countries rush to avoid disastrous revision of Russian oil price cap

If ambassadors fail to agree on the sanctions by 15 July, the price cap on Russian oil will be automatically revised, going all the way up to $58 per barrel, a scenario that Brussels considers unpalatable.

Euronews

Oil, cod, Kirill: friction points emerge in new EU sanctions against Russia

The EU wants to agree on a new round of measures targeting Moscow before 15 July, but the closed-door negotiations have difficult obstacles to navigate.

Euronews

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Ukraine war briefing: Orbán’s defeat in Hungary could unlock €90bn loan for Ukraine, says EU official

Ousted Viktor Orbán had previously blocked releasing funds; Volodymyr Zelenskyy says Iran war means US ‘has no time for Ukraine’. What we know on day 1,512

The Guardian - AU

Fact check: Does Hungary have alternatives to the Druzhba pipeline?

Budapest insists it is dependent on Russian crude oil, but analysts suggest this could be the result of economic and political decisions, as well as technical constraints.

Euronews

Ukraine war briefing: allies asked Kyiv about reducing attacks on Russian energy sector, Zelenskyy says

President says he is open to scaling back strikes on oil and wider energy industry if Moscow reciprocates. What we know on day 1,497

The Guardian - AU

Oil prices hit $103 per barrel despite Trump easing some Russian sanctions

Analysts estimate about 125 million barrels of Russian oil are currently being shipped

The Independent UK

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Poison, a plane crash and falling from a window: How Putin’s critics and rivals have met mysterious ends

IN FOCUS: Alexei Navalny is latest in long line of Vladimir Putin’s critics who have died in recent years. James C. Reynolds, Gustaf Kilander and Alexander Butler report

The Independent UK

Ukraine war briefing: Zelenskyy declares energy emergency as cities shiver

Night-time temperatures dip close to -20C; minister outlines major problems with desertion and conscription evasion. What we know on day 1,422

The Guardian - AU

Russia working to circumvent sanctions to ensure India oil imports continue

Delhi is world’s second largest purchaser of Russian crude, which is now cheaper than oil from Middle East

The Guardian - UK

Alarm over ‘exploding’ rise in use of sanctions-busting shadow fleet

Fear that confrontation is on the cards as policing of ships becomes more aggressive and Russia challenges Europe

The Guardian - UK

Russian missile strike on Odesa kills 8 as US hosts a Kremlin envoy for talks on peace plan

A Russian missile strike on port infrastructure in Odesa has killed eight people and wounded 27, according to Ukraine’s emergency service

The Independent UK

EU targets Russia's shadow fleet with new sanctions, hitting businessmen and companies

The European Union has imposed sanctions on five businessmen linked to Russian oil companies Lukoil and Rosneft

The Independent UK

West is ‘missing obscure sanctions that could set back Russia’s war machine’

US group Dekleptocracy identifies additives for military vehicles’ lubricants and tyres as potential vulnerabilities

The Guardian - UK

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The Independent UK

US sanctions on big Russian oil firms are having their intended effect, Treasury official says

The Trump administration says it's seeing signs that its sanctions on Russian oil producers are working

Benzinga

Trump Administration Secretly Working With Russia On New Ukraine Peace Plan: Report

The Trump administration has reportedly been collaborating with Russia to devise a new peace plan for Ukraine, which is still under wraps.

The Guardian - AU

Ukraine war briefing: mass production of Ukrainian ‘Octopus’ interceptor drones begins

Defence ministry says locally developed technology tested in combat and shown to work against Russia’s deadly Shaheds. What we know on day 1,361

The Guardian - AU

Ukraine war briefing: Fire sale of Lukoil assets before start of US sanctions on Russia

Foreign properties may be nationalised if Lukoil doesn’t sell, or the proceeds frozen if it does; Zelenskyy grapples with corruption scandal fallout. What we know on day 1,359

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The Guardian - AU

Ukraine war briefing: battle for Pokrovsk ‘raging on’ as Russia claims advance on town to east

Kyiv says Moscow’s forces carrying out ‘fast manoeuvres’ in push for key city while sides give conflicting reports of combat around Myrnohrad. What we know on day 1,357

The Independent UK

Bulgaria moves to prevent shutdown of its only oil refinery ahead of US sanctions

Bulgaria is racing to prevent the shutdown of its only oil refinery before U.S. sanctions on its Russian owner take effect later this month

Euronews

Swiss firm Gunvor drops plan to buy Lukoil assets after US resistance

“As long as Putin continues the senseless killings, the Kremlin’s puppet, Gunvor, will never get a licence to operate and profit,” said the US Treasury in an X post on Thursday.

The Independent UK

Trading firm Gunvor, accused by US of being 'Kremlin's puppet,’ drops plan to buy Lukoil assets

Gunvor, a major international commodities trader, has rejected U_S_ government claims that it acts as "the Kremlin's puppet."

The Guardian - AU

Ukraine war briefing: Bulgaria moves to seize Russian refinery while Poland seeks to be US gas conduit

Lukoil’s Burgas plant is Bulgaria’s only refinery; Slovakia running out of reasons to buy Russian gas as US import deal takes shape. What we know on day 1,352

The Guardian - AU

Ukraine war briefing: Zelenskyy visits troops near embattled Pokrovsk

Deep Ukrainian drone strikes hit petrochemical plant 1,300km inside Russia and Lukoil refinery east of Moscow. What we know on day 1,351

The Independent UK

Abu Dhabi hosts oil summit as OPEC+ halts production hikes planned for first quarter of 2026

Abu Dhabi has opened a major oil summit with optimism about rising energy prices

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