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Rome blessed purchase of Sicily plant by a company connected to billionaire convicted of corruption in Switzerland
Sofia has imposed punitive taxes on gas transiting from Russia and on Lukoil refinery profits
Retail traders turn to dividend payers such as Sberbank and Lukoil
US had privately raised concerns about the sale of the site to a little-known fund in Cyprus
GOI’s partnership with commodities trader Trafigura gazumps Crossbridge in deal that rescues Sicilian plant after EU sanctions hit
Removal of sanctions risk for lenders could unlock bridge financing to Russian-owned ISAB Lukoil facility
Crossbridge Energy negotiating deal with Russian company for as much as €1.5bn but Rome seeks more time to close
Collapse of talks over deal backed by Vitol risks bankrupting Russian-owned facility
Crossbridge Energy Partners emerges as frontrunner to acquire Lukoil facility
Oil producer was one of few companies to criticise invasion of Ukraine
Exports continue but expertise is being lost and redirecting flows will take time
Vagit Alekperov says tightened sanctions would be worst outcome for Europe as well as Moscow
UK-listed group says sale of more than 400 petrol stations and lubricants plant will protect 350 jobs
Share trading freeze is latest sign of western sanctions rippling across global markets
UK oil and gas developer to pay special dividend and boost war chest after deal with Russian group
Higher crude prices and weakened rouble bolster producers’ profits
More caps on Moscow will retard important reform
Producers shrug off sanctions and benefit from surge in crude price and weaker rouble
Earnings at privately owned Russian producer beat analyst expectations
International Edition