Russia's Lukoil agrees to sell international assets to Carlyle

Core Viewpoint - Russia's second-largest oil producer, Lukoil, has agreed to sell its foreign asset management unit, LUKOIL International GmbH, to the U.S. private equity firm Carlyle Group [1] Company Summary - Lukoil is a major player in the Russian oil industry, being the second-largest oil producer in the country [1] - The sale involves LUKOIL International GmbH, which is responsible for overseeing Lukoil's foreign assets [1] Industry Summary - The transaction highlights ongoing trends in the oil and gas sector, particularly the involvement of private equity firms in acquiring foreign assets from major oil producers [1]