The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times . The deal is expected to be announced by the end of..
Bulgaria has offered to help Hungary cope with the difficulties arising from the ban on the transit of oil across Ukraine. This transpired from a post on Facebook by Hungary’s Foreign Minister Peter Szijjarto. “Bulgaria, as a true friend and..
The Constitutional Court has rejected the request by President Rumen Radev to rule that the termination of Lukoil’s concession of oil port Rosenets is unconstitutional. Parliament adopts fast-track procedure to terminate Lukoil's concession..
The oil refinery Lukoil Neftohim Burgas has made payments to the Electricity System Security Fund amounting to 45 million Leva (EUR 22.9 million), a sum lower than the sum set down by the Ministry of Economy, the Fund told the BNR...
The US has officially asked for clarification regarding what legislative amendments connected with Lukoil, Russian oil and the derogation for its import have been adopted by Bulgarian parliament. The request was made by the Foreign..
If there is a sale of Lukoil, it should be to a clear owner, a strategic investor in the company. This was stated by Finance Minister Assen Vassilev to Nova TV. The comment is about the information that Lukoil is reviewing its operation in Bulgaria and..
A fake video with the image and voice of the Bulgarian president has been removed from the Internet , the Interior Ministry's press centre said. The immediate action by the specialised services of the General Directorate for Combating Organised Crime was..
The Azerbaijani state oil company SOCAR is the most likely buyer of the Lukoil Neftohim Burgas refinery, reported the site of the Trud newspaper. At the end of April 2023, SOCAR opened an office in Sofia in the presence of the presidents of Bulgaria and..
There is no risk of Bulgaria running out of fuel, Finance Minister Assen Vassilev said in response to Lukoil's announcement that it was considering selling its operations in the country. "In view of the significant change in the operating..
"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..
