New York, USA – Exxon Mobil has joined Chevron in exploring potential acquisitions of parts of Lukoil’s international assets, following approval from the U.S. Treasury for companies to enter talks with the sanctioned Russian oil firm.
Lukoil’s global portfolio includes refineries, oilfields across multiple continents, and extensive fuel retail operations, making it a highly strategic target for major international energy players.
The move signals renewed interest from U.S. oil majors in expanding their global footprint, particularly in high-value upstream and downstream operations, even as geopolitical and regulatory considerations continue to shape cross-border energy transactions.
Industry analysts note that any acquisition could reshape global energy markets and enhance U.S. oil companies’ access to diversified production and refining capacities.
