Browsing: oil

Prime Minister Nikolay Denkov said that Lukoil would have to pay over 250 million euros in taxes, or otherwise Bulgaria will lift the exemption enabling the…

Serbia is working on increasing mandatory reserves of oil and oil products and diversifying the sources of crude oil supply to ensure a stable and secure…

Hungary’s Minister of Foreign Affairs and Trade, Péter Szijjártó said in Belgrade that strategic links are being built between Hungary and Serbia in energy. He underlined that…

JANAF has signed a diesel storage contract with fuel wholesaler and retailer Adria Oil, the company said in a statement. JANAF added that it will store 20,000 cubic…

Lukoil Neftochim should abandon Russian oil input in stages, under the legislation approved by the Bulgarian Parliament. The share of crude oil of Russian origin processed…

The state will appoint its own special commercial administrator at the Lukoil Neftochim oil refinery if national security is at risk, according to legal revisions adopted…

Minister of Mining and Energy Dubravka Djedovic and the head of the Provincial Government, Igor Mirovic, held the meeting about the infrastructure projects aimed at increasing…

Lukoil Neftochim Burgas, part of Russia’s Lukoil and operator of the sole oil refinery in Bulgaria, will switch to processing non-Russian crude, the Bulgarian government announced. Lukoil…

Albanian Prime Minister Edi Rama said that Shell will invest up to 7 billion euros in oil infrastructure within its Shpirag concession area if initial tests…

Minister of Transportation Georgi Gvozdeikov said that Bulgaria will not be paying anything to Lukoil for the early termination of the concession contract for the Rosenets…