Bulgaria has lifted restrictions on fuel exports from the Neftochim Burgas refinery, enabling diesel, jet fuel and other products to return to EU and...
Higher runs and improved monthly profitability
Lukoil Neftochim Burgas increased refinery throughput after June and reported its strongest monthly profit in five to six years...
The Burgas refinery, operated by Lukoil Neftohim, is currently demonstrating resilience in fuel supply management amidst regional energy dynamics. Rumen Spetsov, the special commercial...
Bulgaria’s National Assembly has taken steps that move in different directions regarding the expanded powers granted to a Government-appointed administrator for the country’s only...
According to media reports, Turkish conglomerate Cengiz Holding and Azerbaijan’s state-owned energy company SOCAR are moving forward with plans to acquire Lukoil’s Neftochim Burgas...
Bulgaria is maintaining active coordination with both the European Union and the United States regarding the uncertain future of the Lukoil Neftochim Burgas refinery,...
Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...
Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...
North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...