British Lawyers Warn of ‘Dangerous Precedent’ Following Removal Proposal from Tory MP
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- By Joseph Lang
- 12 Sep 2026
Overseas refining facilities and other assets of Russia-based company Lukoil are appealing to prospective purchasers as the window closes to arrange discounted transactions before US sanctions are implemented on 21 November.
Kazakhstan's state firm KazMunayGas is evaluating an offer for Lukoil's holdings within Kazakhstan, according to sources familiar with the matter.
Shell has demonstrated curiosity in Lukoil's subsea operations in West African nations, multiple sources confirmed.
The government of Moldova has initiated discussions to acquire Lukoil's infrastructure at the capital's airport.
The Bulgarian government is attempting taking over and auctioning Lukoil's Bulgarian oil plant, although government officials have requested legal changes to the legislation.
Within Egypt, Lukoil has indicated to the authorities its consideration to divest completely, according to sources.
Lukoil faces either selling its assets and having the funds possibly confiscated, or acquisition by international governments if it does not sell them.
Energy analysts suggest Lukoil may try to copy Russian oil firm Rosneft, whose three German refineries were put under external management in 2022.
Invading troops captured several communities in the Zaporizhzhia region of the conflict area.
Weather conditions enabled invading forces to infiltrate military posts, with Ukrainian units engaged in gruelling battles to defend their positions.
Within the conflict zone, where the situation had worsened significantly, senior citizens described dangerous circumstances.
Kyiv mayor Vitaly Klitschko has advocated Ukraine to boost its fighting numbers by reducing the minimum age of conscription.
Global leaders have addressed the power industry corruption in Ukraine, describing it as deeply concerning and highlighting the critical need for comprehensive response.
Ukrainian president Volodymyr Zelenskyy has taken steps to manage escalating popular discontent by dismissing cabinet members suspected of participation in a extensive corruption network.
Government officials also requested personal sanctions against the suspected mastermind of the operation, who purportedly left the country before law enforcement could conduct a evidence collection.
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