Midad Energy

Saudi Arabia’s Midad Energy emerges as frontrunner for Lukoil’s $22bn assets

The US Treasury has already blocked two other bidders – Gunvor and US bank Xtellus Partners – from buying Lukoil assets, highlighting geopolitical hurdles

17 December, 2025

Emirates flight to London diverts to Frankfurt after passenger medical emergency

Aviation

Midad Energy

Saudi Arabia’s Midad Energy emerges as frontrunner for Lukoil’s $22bn assets

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