Carlyle

Energy, Oil & Gas

Carlyle 'in talks' with UAE partners on Russian Lukoil's $20bn overseas assets

Sun, 01 Feb 2026

US private equity firm Carlyle has begun talks with UAE investors to ‌bring in partners should its deal to buy Russian Lukoil's international assets worth $20 billion proceed, said a report. Lukoil boasts strategic stakes in European refineries as well as significant holdings in oil fields from Iraq to Kazakhstan.