Lukoil posted a 2025 net loss after a $20 billion write-off on foreign assets hit by US sanctions, while the company valued Lukoil International at close to zero and kept the Carlyle deal pending.
Sanctioned LNG carrier Arctic Metagaz was reported on fire off Malta on Tuesday after explosions were reported. Monitoring groups cited a possible drone strike, while the cause and crew status remained unconfirmed.
Samsung Heavy Industries canceled delivery of a crude tanker after the buyer missed the final installment and said vessel No. 2 delivery may change depending on the shipowner’s finances.
Sanctioned shadow-fleet tanker Qendil has run aground near Bozcaada in the Aegean while in ballast, prompting a KEGM tug response. No casualties or pollution have been reported so far.
Russia has asked the US to halt pursuit of a previously sanctioned Venezuelan tanker after it reflagged and transferred ownership to Russia while entering the Atlantic.
The US has seized VLCC Bella 1, a third tanker tied to Venezuela and the second in less than 24 hours, under a warrant linked to Iranian oil trade and an OFAC sanctions listing.
The U.S. Coast Guard has seized a second oil tanker in international waters near Venezuela, as Homeland Security Secretary Kristi Noem and Defense Secretary Pete Hegseth tie the move to President Trump’s tanker blockade policy.
Two Russian-linked sanctioned tankers were hit by blasts in the Black Sea, prompting a major emergency response from Turkish authorities. Fires broke out on both ships, but all crew were safely evacuated as officials investigated the cause.
A Reuters report says Carlyle is reviewing whether to pursue Lukoil’s foreign assets as the Russian oil producer approaches a U.S. sanctions deadline. The asset package spans multiple regions and has faced transaction hurdles due to sanctions.
