US clears the way for bids for Lukoil’s international business
Washington also takes steps to reduce disruption stemming from sanctions it has imposed on Russian oil producer
Washington also takes steps to reduce disruption stemming from sanctions it has imposed on Russian oil producer

US buyout group is one of several bidders vying for parts of oil major’s sanctions-hit international operations

Trump administration signals support for proposal to divvy up sanctioned Russian company’s international businesses

Washington’s move to prevent oil trader Gunvor from buying Russian group’s assets revives prospect of Rosneft power grab

Buyer had close ties to Moscow and was co-founded by close associate of Vladimir Putin

Agreement comes after US targeted Russian company with sanctions in October

Russia’s second-largest oil producer makes move after the US imposed sanctions on the company