"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.
Bulgaria’s President Rumen Radev handed the first cabinet-forming mandate to Rossen Zhelyazkov who is the prime minister-designate of the largest parliamentary group-GERB-SDS. Rossen Zhelyazkov announced the structure and composition of the cabinet,..
As of today, the price of electricity for household consumers will rise by an average of 1.7%, while the price of central heating and hot water will decrease by 8.5%, the Energy and Water Regulatory Commission said. The biggest increase in..
Today, President Rumen Radev will hand over the first government-forming mandate to the candidate for Prime Minister nominated by the largest parliamentary group, GERB-SDS. Last week, Bulgaria’s head of state held consultations with the..
Metropolitan Daniil of Vidin has been elected as the new Bulgarian Patriarch. He received 69 votes. Metropolitan Gregory of Vratsa received 66 votes...
The enthronement of the newly elected Bulgarian Patriarch, Metropolitan Daniil of Vidin, is over. The new spiritual leader was welcomed in St...
It will be sunny on Monday. There will be light southeasterly wind in the eastern parts of the country. The hot weather continues with maximum..
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