🔗 Share this article Asset Liquidation of Russian Oil Giant Holdings Ahead of US Sanctions Kick In International refining facilities and other assets of Russian firm Lukoil are attracting potential buyers as the window closes to secure bargain purchases before US sanctions are implemented on 21 November. International Divestments Kazakhstan's national company KazMunayGas is considering a purchase for Lukoil's holdings within Kazakhstan, according to insiders with knowledge. Shell has expressed interest in Lukoil's deepwater assets in Ghana and Nigeria, industry observers reported. Government Takeovers Moldovan authorities has begun negotiations to take over Lukoil's infrastructure at the capital's airport. The Bulgarian government is attempting taking over and auctioning Lukoil's Burgas refinery, although government officials have demanded revisions to the proposed law. In Egypt, Lukoil has indicated to the administration its potential intentions to sell out, according to insiders. Corporate Challenge Lukoil faces either divesting holdings and having the proceeds potentially seized, or their takeover by foreign states if it fails to divest. Energy analysts propose Lukoil may try to follow energy company Rosneft, whose three German refineries were put under external management in 2022. Military Developments Moscow's forces seized three settlements in the occupied zones of the war zone. Dense fog enabled invading forces to penetrate defensive lines, with defending forces engaged in intense fighting to counter the advance. Civilian Suffering At Huliaipole, where the conditions deteriorated dramatically, aging population described perilous situations. Unmanned aircraft rendered normal life impossible Medicine shortages affected vulnerable populations Limited access to water added to difficulties Official Statements Kyiv mayor the municipal official has called for the nation to increase military personnel by lowering the age of military service. Global leaders have commented on the fuel sector misconduct in Ukraine, describing it as extremely unfortunate and highlighting the importance for comprehensive response. Government Reshuffle Ukrainian president the country's leader has taken steps to manage growing public outrage by removing government officials suspected of participation in a major graft operation. The president also requested individual restrictions against the accused coordinator of the operation, who reportedly fled abroad before law enforcement could conduct a evidence collection.