Russia’s Lukoil accepts Gunvor bid for international assets
Gunvor is required to secure OFAC permission, along with any other necessary licences, permits and authorisations in relevant jurisdictions.
31 October 2025
31 October 2025
Gunvor is required to secure OFAC permission, along with any other necessary licences, permits and authorisations in relevant jurisdictions.
The region will add 8.56 million mtpa of polypropylene production capacity between 2025 and 2030 from 22 upcoming projects.
Initial laboratory and pressure gradient analysis at the Bumerangue discovery indicate a gross hydrocarbon column of around 1,000m.
Adjusted EBITDA for the reported quarter was $10.29bn (€8.9bn), up by 2% from $10.04bn in the same period last year.
The company attributed the increase in total oil and gas production compared to the previous quarter primarily to lower maintenance across the portfolio.
This seismic reprocessing project aims to support the country’s upcoming offshore licensing round, EG Ronda 2026.
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