07 November 2025 - The US Treasury said it wouldn't allow Gunvor to "operate and profit," calling it "the Kremlin's puppet," so the firm gave up on Lukoil
30 October 2025 - Lukoil has decided to sell its assets outside Russia to Gunvor, owned by Swedish billionaire Torbjörn Törnqvist
28 October 2025 - Lukoil operates oil refineries in Bulgaria and Romania, as well as fuel retail chains across the region