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1. www.bbc.com › news › business-61424715Shell agrees to sell Russian retail business to Lukoil - BBC

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   Energy giant Shell has agreed to sell more than 400 of its petrol stations in Russia to the country's second largest oil producer, Lukoil. Shell Neft, the firm's subsidiary in Russia, will be sold ...

2. www.shell.com › news-and-insights › newsroomShell signs agreement to sell retail and lubricants ...

   www.shell.com › news-and-insights › newsroom

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   Mar 8, 2022 · The agreement with LUKOIL follows Shell’s announcement in early March of its intention to withdraw from all Russian hydrocarbons in a phased manner, and will be carried out in full compliance with applicable laws and regulations. The sale is expected to be completed later this year, subject to regulatory approval.

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     Russian oil giant Lukoil had big dreams for its U.S. gas stations. The invasion of Ukraine could spell the end.

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4. www.reuters.com › business › energyShell sells Russian retail business to Lukoil | Reuters

   www.reuters.com › business › energy

   May 12, 2022 · Russia's second-largest oil producer Lukoil will buy Shell's Russian retail and lubricants businesses, the companies said on Thursday, as the British oil major moves ahead with its exit from the ...

5. royaldutchshellplc.com › 2022/05/12 › shell-sellsShell sells Russian retail business to Lukoil

   royaldutchshellplc.com › 2022/05/12 › shell-sells

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   May 12, 2022 · The deal includes 411 retail stations, mainly located in the Central and Northwestern regions of Russia, and the Torzhok lubricants blending plant, Shell said in a statement. “The acquisition of Shell’s high-quality businesses in Russia fits well into Lukoil’s strategy to develop its priority sales channels, including retail, as well as ...

6. www.ft.com › content › 8703492a-1f01-427c-a899-94faShell agrees to sell Russia retail business to Lukoil

   www.ft.com › content › 8703492a-1f01-427c-a899-94fa

   May 12, 2022 · Shell declined to disclose the commercial terms of the Lukoil deal. Publicly traded Lukoil, which operated in Ukraine until 2017, is the largest oil producer in Russia after state-backed Rosneft.

7. www.econotimes.com › Shell-selling-its-retail-oilShell selling its retail oil business to Lukoil as it exits ...

   www.econotimes.com › Shell-selling-its-retail-oil

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   May 13, 2022 · Shell oil giant is set to sell its retail business, including more than 400 petrol stations, as it moves to leave Russia. It was revealed that Lukoil Oil Company, a Russian multinational energy ...

8. People also ask

   Why did shell buy Lukoil?

   • Shell said the deal, which includes 411 petrol stations, will protect 350 jobs. The sale also includes a lubricants blending plant around 200km north-west of Moscow. Lukoil is Russia's largest oil producer after state-backed Rosneft. Shell announced in February that it would sell its Russian assets because of the invasion of Ukraine.

   Shell agrees to sell Russian retail business to Lukoil - BBC

   www.bbc.com/news/business-61424715

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   Is shell selling its Russian assets to Lukoil?

   • The Lukoil deal is one of the earliest in which a Western firm, UK-listed Shell, has been able to sell off its Russian assets. The sale is still subject to regulatory approval by Russia's anti-monopoly service. The energy giant will sell its retail business in Russia to the country’s second-largest oil producer, Lukoil.

   Shell agrees to sell Russian retail business to Lukoil - BBC

   www.bbc.com/news/business-61424715

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   Will Lukoil buy Shell lubricants?

   • Russia's second-largest oil producer Lukoil will buy Shell's Russian retail and lubricants businesses, the companies said on Thursday, as the British oil major moves ahead with its exit from the country following its Ukraine invasion.

   Shell sells Russian retail business to Lukoil | Reuters

   www.reuters.com/business/energy/shell-sells-russian-retail-business-lukoil-2022-05-12/

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   Is Lukoil a publicly traded company?

   • LUKOIL is one of the largest publicly traded, vertically integrated oil and gas companies in the world in terms of proved hydrocarbon reserves and production; and the second largest producer of crude oil in Russia. Established in 1991, LUKOIL currently operates globally with core upstream assets located in Russia.

   Shell signs agreement to sell retail and lubricants businesses in

   www.shell.com/news-and-insights/newsroom/news-and-media-releases/2022/shell-signs-agreement-to-sell-retail-and-lubricants-businesses-in-russia.html

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   Who will buy Shell lubricants?

   • REUTERS/Toby Melville Acquire Licensing Rights May 12 (Reuters) - Russia's second-largest oil producer Lukoil (LKOH.MM) will buy Shell's (SHEL.L) Russian retail and lubricants businesses, the companies said on Thursday, as the British oil major moves ahead with its exit from the country following its Ukraine invasion.

   Shell sells Russian retail business to Lukoil | Reuters

   www.reuters.com/business/energy/shell-sells-russian-retail-business-lukoil-2022-05-12/

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   Who owns Shell lubricants in Russia?

   • Shell Overseas Investments B.V. and B.V. Dordtsche Petroleum Maatschappij – subsidiaries of Shell plc – have signed an agreement to sell Shell Neft LLC, which owns Shell’s retail and lubricants businesses in Russia, to PJSC LUKOIL.

   Shell signs agreement to sell retail and lubricants businesses in

   www.shell.com/news-and-insights/newsroom/news-and-media-releases/2022/shell-signs-agreement-to-sell-retail-and-lubricants-businesses-in-russia.html

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9. www.lukoil.com › PressCenter › PressreleasesLUKOIL - Press Release

   www.lukoil.com › PressCenter › Pressreleases

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   Oct 6, 2016 · Thursday, May 12, 2022. PJSC "LUKOIL" announces conclusion of an agreement with subsidiaries of Shell plc (hereinafter, "Shell") to acquire 100% share in Shell Neft, which conducts retail petroleum products sales and lubricants production in Russia. The assets of Shell Neft include 411 retail stations, primarily located in the Central and ...