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SAUDI ARABIA BREAKING NEWS
Chevron seeks improved terms in Iraq talks before taking over Lukoil oilfield - sources
A Chevron logo at the Chevron building in Houston, Texas, U.S. August 19, 2025. REUTERS/Kaylee Greenlee BASRA/LONDON, Jan 28 (Saudi Arabia Breaking News) – U.S. oil major Chevron is seeking improved contractual terms from Iraq as a condition for taking over the giant West Qurna 2 oilfield from Russia’s Lukoil, three sources familiar with the matter said. Iraq nationalised the oilfield earlier this month after the United States imposed sanctions on Lukoil linked to the war in
1 day ago1 min read
Saudi Arabia’s Midad Energy Emerges as Leading Bidder for Lukoil’s Overseas Assets
SPA LONDON, December 16 (Saudi Arabia Breaking News) – Saudi Arabia’s Midad Energy has emerged as one of the leading contenders to acquire Russian oil major Lukoil’s international assets, leveraging political ties with Moscow and Washington, three people familiar with the matter told Reuters. The assets, valued at around $22 billion and spanning oilfields, refineries and thousands of fuel stations worldwide, have attracted bids from about a dozen investors, including U.S. oil
Dec 16, 20252 min read
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