Russian oil major Lukoil PJSC (MCX: LKOH) has announced plans to sell all of its international assets following the imposition of new restrictive measures by several states, initiating a formal process to receive bids from potential buyers. The company stated that the asset sale is being carried out under a U.S. Office of Foreign Assets Control (OFAC) wind-down license, allowing operations to continue temporarily while transactions are completed. Lukoil added that it may seek an extension of the license t ...