Browsing: russian oil

Bulgarian lawmakers decided to end imports of Russian crude starting from March, following Lukoil’s statement that it may sell Bulgarian assets due to unfair laws. Lukoil’s…

Lukoil Neftochim Burgas issued a announcement related to an agreement on revoking the derogation granted by the EU Council for the import and processing of Russian…

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…

The European Commission (EC) said that Bulgaria will be able to continue to import crude oil and petroleum products from Russia by sea until the end…

The new economic war between Brussels and Moscow has pushed energy prices – a barrel of oil exceeds 123 dollars. The European Union calls on all…

Representatives from the 27 EU member states will examine a compromise that could enable them to break the deadlock on a sixth round of economic sanctions…

Hungary’s largest energy group confirms it has begun planning to enable its refineries to process alternative crude oil. Overhaul of Hungary’s oil infrastructure to handle non-Russian…

As much as 750m euros are needed to modernize refineries and pipelines so that Hungary can phase out crude oil imports from Russia, Hungarian Foreign Minister…

EU foreign ministers failed in an attempt to pressure Hungary to lift its veto on a proposed oil embargo against Russia, with Lithuania saying the union…

Chairman of the Management Board of Lukoil Neftochim refinery Ilshat Sharafutdinov said in an interview that the only refinery in Bulgaria will stop working if the…