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Lukoil appoints Eugene Maniakhine to oversee Petrotel refinery restructuring

Lukoil has appointed Eugene Maniakhine to oversee the restructuring of its Petrotel refinery in Romania. The facility entered insolvency proceedings in August 2026 after...

Bulgaria competition authority expands Lukoil wholesale fuel pricing investigation

Bulgaria’s competition authority has intensified its examination of the wholesale fuel market, requesting additional cost and pricing information from Lukoil Bulgaria and Lukoil Neftochim...

Serbia draws on diesel reserves as NIS seeks new US operating licence

Oil company NIS has asked the U.S. Treasury for a new operating licence beyond Sept. 30. Serbia has started drawing on mandatory diesel reserves...

MOL completes €49.6 million AV-3 rebuild for staged October restart

MOL has completed a €49.6 million reconstruction of the AV-3 crude distillation unit at its Danube refinery. The work is intended to prepare the...

Bulgaria lifts Neftochim Burgas export limits for Lukoil products

Bulgaria has lifted restrictions on fuel exports from the Neftochim Burgas refinery, enabling diesel, jet fuel and other products to return to EU and...

Croatia reduces diesel excise duty to limit retail price rise

Croatia has cut diesel excise duty to absorb part of a rise in international fuel costs and limit the increase passed on to motorists....
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