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US ambassador Kenneth Merten

US Ambassador: It is a good idea that the oil refinery in Burgas should be sold to a new investor

US Ambassador to Bulgaria Kenneth Merten told bTV that a possible sale of the oil refinery in Burgas to a Bulgarian or European company would be a good idea . He said that representatives of American companies visited Bulgaria to discuss the sale of the..

26.02.24 08:50 |

The state will not allow fictitious sale of Lukoil refinery

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..

11.12.23 10:52 |

Lukoil workers organize protest in Burgas

Workers from the Lukoil oil refinery are organizing a protest in Burgas. they are demanding to keep their jobs. Traffic along Trakia motorway is blocked, with the protesters only letting public transport vehicles and ambulances through...

27.10.23 11:18 |

There is interest in the sale of Lukoil refinery Bulgaria's Burgas

The increased pressure of the Bulgarian government on the Russian companies operating in Bulgaria has caused Lukoil to start a procedure for the sale of its Burgas-based oil refinery , Bulgarian Finance Minister Assen Vassilev told the Financial Times...

18.10.23 11:27 |

Traders and fuel producers predict rise in oil prices

The prices of mass fuels will exceed BGN 3 per liter . Such are the forecasts of the Association of Fuel Traders and Producers, as the price is expected to rise by around 8-9%.  Oil traders have warned that the removal of the derogation for..

26.08.23 17:23 |

Bulgaria will be able to take control over the oil refinery in Burgas if necessary

Following a decision of Bulgaria’s National Assembly, the state will be able to take control over the oil refinery in Burgas if necessary. The Minister of Economy, at the proposal of an advisory council, may temporarily appoint a special..

13.01.23 14:27 |
Dragomir Stoynev from the parliamentary rostrum

The state should appoint its manager in oil refineries, states Bulgarian Parliament at first reading

If necessary, the state can take control of the oil refineries in Bulgaria. This was adopted by MPs at first reading. According to the changes, control will be carried out by the Minister of Economy, who will have the right to appoint a special chief..

20.12.22 18:23 |

Democratic Bulgaria party insists on investigation of Lukoil's activities

The MPs from Democratic Bulgaria insisted on the establishment of a temporary parliamentary commission to investigate the activities of Lukoil and remove the state representative in the company. The DB party group also proposed legal texts to boost..

17.06.22 19:32 |

Bulgaria's Prime Minister: There is unfounded panic over fuel prices

Bulgaria's Prime Minister Kiril Petkov announced that there was unfounded panic over the availability of fuels and fuel prices. There is fuel and there is no chance that we could run out of fuel, Petkov stressed in a post on Facebook. On..

03.03.22 16:50 |

No pollution reported in Bulgaria after the blast at Romania’s biggest oil refinery

No pollution has been reported on the territory of Bulgaria after the explosion at Romania’s largest oil refinery, announced Bulgaria’s Ministry of Environment and Water. Bulgaria has taken measures to detect possible transboundary..

02.07.21 19:36 |
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