A consortium of Azerbaijan's state company SOCAR and Turkish private holding Cengiz is the preferred candidate for the business of Russian company Lukoil in Bulgaria, Dnevnik has reported, quoting Capital. Last month, CEO and co-owner..
Lukoil's subsidiaries in Bulgaria are under unprecedented pressure and the company is considering selling assets in the country, Russian Ambassador to Sofia Eleonora Mitrofanova said in an interview with state-run RIA Novosti...
Delyan Peevski has alerted the Commission on Protection of Competition (CPC) about a possible fuel cartel involving Lukoil, the press office of the Movement for Rights and Freedoms- New Beginning said. Delyan Peevski asked CPC to conduct a..
The idea of the state acquiring the only oil refinery in Bulgaria – Lukoil Neftohim in Burgas – as proposed on 29 January by the Movement for Rights and Freedoms (DPS) – New Beginning, affiliated with Delyan Peevski and MECH party, split opinions in..
"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...
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..