Latest news with #Lukoil
Bloomberg
21-07-2025
- Business
- Bloomberg
UK Sanctions Lukoil Unit in Fresh Push on Russian Shadow Fleet
The UK sanctioned a trading unit of Russia's biggest private oil producer Lukoil PJSC as part of 100-plus measures targeting Moscow's exports. Dubai-based Litasco Middle East DMCC was sanctioned 'for its ongoing role in moving large volumes of Russian oil on shadow fleet vessels,' the UK's Foreign, Commonwealth and Development Office said in a statement. That refers to the fleet of ships amassed to help Moscow avoid international penalties and keep its supplies moving.
Reuters
08-07-2025
- Business
- Reuters
Russia's Lukoil-Perm says empty reservoir has exploded at an oil facility
MOSCOW, July 8 (Reuters) - Lukoil-Perm, a subsidiary of Russian oil producer Lukoil ( opens new tab, said on Tuesday that an empty oil reservoir had exploded at an oil processing facility in the north-west Komi Republic, but that nobody had been injured. It said that a preliminary assessment indicated that the blast had occurred due to a chemical reaction with oxygen.
Time of India
05-07-2025
- Business
- Time of India
The mystery of Russia's falling tycoons: Why so many oligarchs are dying out of windows
Tired of too many ads? Remove Ads Who was Andrey Badalov and why is his death raising eyebrows? Tired of too many ads? Remove Ads Popular in International Why do Russian elites keep 'falling' from windows? Tired of too many ads? Remove Ads Could these deaths be part of a wider Kremlin crackdown? FAQs Another Russian billionaire has died in strange circumstances, and the pattern is too scary to ignore. Since the invasion of Ukraine, high-ranking executives, oil tycoons, and government officials have died in strange "falls," which makes people very worried about what is really going on behind closed Kremlin Badalov, a top Russian oil executive, is the most recent well-known person to die in a strange fall. Reports from the government say the deaths were suicides, but experts and critics think they are part of a larger purge that sends a scary message to anyone who doesn't follow the Badalov, 62, the vice president of Transneft , fell 180 feet from the 17th floor of a posh apartment complex on Moscow's Rublevskoye Highway, where he lived on the 10th floor. According to reports, investigators were "working at the scene,' as per a report by The to a source, "suicide" is the "preliminary cause" of death. A letter purportedly written by Badalov to his wife was discovered, but alternative versions are being investigated. The business magnate was married and had two to one source who spoke to TASS, Badalov's body was discovered beneath the windows of an apartment building on Rublevskoye state oil pipeline monopoly, Transneft, is run by 74-year-old Nikolai Tokarev, a former KGB spy who spent the Cold War in Germany alongside 72-year-old Vladimir had attended the Armed Forces' General Staff Academy, which prepares top-level officers and state administrators. He had helped Transneft "effectively overcome the challenges posed by Western sanctions" since joining the company four years prior, "during a complex and tense period."Since Putin began planning his invasion of Ukraine more than three years ago, Russia has been plagued by a string of unexplained deaths of executives connected to the oil and gas sectors. Since the conflict started, 11 people have they are frequently classified as suicides, there have been several instances where questions have been journalist Denis Kazansky made the following mocking post today: "Top managers of YUKOS and Lukoil have already fallen out of windows are you laughing at? They just fall out of windows themselves. Russian oil workers have this professional deformity. As soon as they approach the windows, their legs immediately give way."Lukoil chairman Ravil Maganov died in 2022 after he fell from a sixth-floor window at the Kremlin Clinic, Moscow's prestigious Central Clinical Hospital. The final Soviet leader, Mikhail Gorbachev, had passed away that same week, and Putin rushed into the hospital that morning to pay his final war official Marina Yankina was discovered dead in 2023 after plummeting 160 feet from a window on the 16th floor of a St. Petersburg in October 2024, Mikhail Rogachev, the former vice president of an oil company, died after falling from his Moscow apartment on the tenth Russian businessmen, government officials, and industry leaders have passed away under suspicious circumstances since the beginning of many of these cases are officially classified as suicides, others involve alleged murder-suicides, unexplained falls, or mysterious vice president, Vladislav Avayev, was discovered dead in Moscow in April 2022 along with his wife and daughter. Sergei Protosenya, a former executive at Novatek, a gas producer, was found dead at a Spanish villa a few days later, along with his wife and to Ivan Stupak, a former security service (SBU) officer and Ukrainian military analyst, many of these deaths are probably the result of Russian security to Stupak, not all of the deaths have political motivations; some might be the result of embezzlement, unpaid debts, internal business rivalries, or borrowed funds. Since 2022, at least seven of these occurrences have been to Stupak, it would take at least two people to physically throw someone out of a window, making it a dangerous and noisy activity. As demonstrated by the tragic death of Yevgeny Prigozhin in a suspicious plane crash inside Russia in 2023, the intention may occasionally be to convey a specific message. He thinks that infighting and declining economic opportunity will only fuel the trend, as per a report by Kyiv many are classified as suicides, but critics and analysts believe the sheer number and pattern indicate something more sinister is going believe it could be the result of business feuds, political dissent, or failure to cooperate with the Kremlin's tightening grip on power.
Daily Mirror
04-07-2025
- Politics
- Daily Mirror
Oil tycoon dies 'falling out of window' in latest mysterious death
Andrey Badalov, 62, the vice-president of Transneft, fell from the 17th floor of a Moscow apartment block and he adds to the long list of mysterious deaths since Russia invaded Ukraine An oil tycoon has died after falling from a Russian tower block and it is the latest in a long list of mysterious deaths since Vladimir Putin launched his Ukraine invasion. Transneft vice-president Andrey Badalov, 62, lived on the 10th floor of an exclusive apartment block on Moscow's Rublevskoye Highway, but he plunged 180 feet from the 17th floor. Investigators were reported to be 'working at the scene'. A source said the 'preliminary cause' of death is 'suicide' and a letter supposedly written by Badalov to his wife was found, but other versions are being examined. The tycoon was married with two daughters. 'Badalov's body was found under the windows of an [apartment building] on Rublevskoye Highway,' a source told TASS. Transneft is Russia 's state oil pipeline monopoly headed by a former KGB spy, Nikolai Tokarev, 74, who served with Vladimir Putin, 72, in Germany in the Cold War. Badalov had studied at the General Staff Academy of the Armed Forces, which trains high-level officers and state managers. He had joined Transneft four four ago 'during a complex and tense period' and helped the company 'effectively overcome the challenges posed by [Western] sanctions'. A spate of mysterious deaths of executives linked to the oil and gas industries have hit Russia since Putin started plotting his invasion of Ukraine more than three years ago. There have now been 11 deaths since the conflict began. While they are often categorised as suicides, doubts have been raised in multiple cases. Today Ukrainian journalist Denis Kazansky posted sarcastically: "Top managers of YUKOS and Lukoil have already fallen out of windows before. "What are you laughing at? They just fall out of windows themselves. Russian oil workers have this professional deformity. As soon as they approach the windows, their legs immediately give way." In 2022, Ravil Maganov, chairman of Lukoil, Russia's second-largest oil company, died when he plunged from a sixth floor window at Moscow's elite Central Clinical Hospital, also known as the Kremlin Clinic. On the same morning, Putin - who had earlier decorated Maganov, 67, with a top honour - swept into the hospital to pay his final respects to Mikhail Gorbachev, the last Soviet leader, who had died the same week. In 2023, leading war official Marina Yankina, 58, head of the financial support department of the Russian Defence Ministry's Western Military District, was found dead after falling 160ft from a 16th-floor window in St. Petersburg. The circumstances surrounding her death remain unclear. Former oil company vice president Mikhail Rogachev, 64, died after falling from his tenth-floor apartment in Moscow in October 2024. He had been a senior executive at Yukos, an oil company dismembered by Putin and his cronies.
Metro
04-07-2025
- Metro
Oil tycoon linked to KGB mysteriously falls to his death in Russia
An oil tycoon who had links to the KGB has become the latest high profile figure to mysteriously fall from a high building in Russia. Transneft vice-president Andrey Badalov, 62, is said to have fallen from the penthouse of the luxury high rise where in lived in Moscow. 'Badalov's body was found under the windows of an [apartment building] on Rublevskoye Highway,' a source told TASS. They said investigators were working at the scene. Transneft is Russia's state oil pipeline monopoly which is run by former KGB spy, Nikolai Tokarev, 74, who served with Vladimir Putin, 72, in Germany in the Cold War. Badalov had studied at the General Staff Academy of the Armed Forces, which trains high-level officers and state managers. Several executives linked to the oil and gas industries have died mysteriously since Putin launched his attack on Ukraine in 2022. They are usually described by Russian authorities as suicides, but doubts have been raised over several cases. In a sarcastic post online, Ukrainian journalist Denis Kazansky wrote: 'Top managers of YUKOS and Lukoil have already fallen out of windows before. 'What are you laughing at? They just fall out of windows themselves. 'Russian oil workers have this professional deformity. As soon as they approach the windows, their legs immediately give way.' In 2022, Ravil Maganov, chairman of Lukoil, Russia's second-largest oil company, died when hefell from a sixth floor window at Central Clinical Hospital in Moscow, also known as the Kremlin Clinic. On the same morning, Putin – who had earlier decorated Maganov, 67, with a top honour – visited the hospital to pay his final respects to Mikhail Gorbachev, the last Soviet leader, who had died the same week. More Trending In 2023, leading war official Marina Yankina, 58, head of the financial support department of the Russian Defence Ministry's Western Military District, was found dead after falling 160ft from a 16th-floor window in St. Petersburg. The circumstances surrounding her death remain unclear. Former oil company vice president Mikhail Rogachev, 64, died after falling from his tenth-floor apartment in Moscow in October 2024. He had been a senior executive at Yukos, an oil company dismembered by Putin and his cronies. Got a story? Get in touch with our news team by emailing us at webnews@ Or you can submit your videos and pictures here. For more stories like this, check our news page. Follow on Twitter and Facebook for the latest news updates. You can now also get articles sent straight to your device. Sign up for our daily push alerts here.
