"Lukoil has started reviewing its asset strategy in Bulgaria, and will analyse various options, including the sale of the business’’, the company said. The company has started to review its asset strategy in view of the significant change in the operating conditions of the Lukoil Group companies in Bulgaria.
According to the company, ‘'various options will be analysed with the help of international consultants, including the sale of the business", reported BTA. Lukoil owns an oil refinery in Burgas, 220 petrol stations and 9 oil depots in Bulgaria. The company claims to have invested USD 3.4 billion in the Burgas refinery over the past 20 years.
On Tuesday, the lowest temperatures will be between minus 5 and 0°C; in Sofia - around minus 5°C. It will remain cold and cloudy with snowfalls over most of the country and rainfall in the southeastern regions. The snow cover will..
Bulgaria’s President Rumen Radev named Sofia Airport after the Apostle of Freedom Vasil Levski, the press secretariat of the head of state announced. Thus, its official name becomes Vasil Levski Sofia Airport. According to the Constitution, the Head of..
The European Commission has decided to close the infringement procedure against Bulgaria for the non-implementation of its obligations to review and update the Second Flood Risk Management Plans and the Third River Basin Management Plans. A statement..
Kristiyan Vladov and Stefan Kyurkchiev of the Plovdiv Museum of Natural History are working on a project to bring live fish from the southern Arctic..
The one-year anniversary of the death of Russian opposition leader Alexei Navalny was marked with a memorial service in Sofia's St Nedelya Cathedral. It..
Bulgarian Finance Minister Temenuzhka Petkova will travel to Brussels to provide an update on Bulgaria’s progress towards euro area accession. The..
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