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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...

Lukoil Neftochim Burgas throughput rises as liquidity pressure eases

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...

Bulgaria’s Burgas Refinery Maintains Steady Supply and Financial Gains

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 moves ahead with special administrator for Lukoil despite Presidential warning

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...

Bulgaria: Cengiz Holding and SOCAR move to acquire Lukoil’s Burgas refinery in $2.5 billion deal

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 weighs options for Lukoil Burgas refinery amid U.S. sanctions and energy security concerns

Bulgaria is maintaining active coordination with both the European Union and the United States regarding the uncertain future of the Lukoil Neftochim Burgas refinery,...

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Serbia drives Southeast European power price decline as renewables narrow regional spreads

Southeast European day-ahead electricity prices fell sharply for Wednesday delivery, as stronger wind and solar generation, improved domestic output and lower import requirements eased...

Bulgaria launches 300 MWh Tesla battery project as energy storage expansion gains momentum

Bulgaria has begun construction of a 300 MWh battery energy-storage facility in Tvarditsa, marking the first stage of a broader investment programme worth more...

Bosnia and Herzegovina: ERS secures new loans as Ugljevik shutdown intensifies financial strain

Bosnia and Herzegovina’s state-owned power utility ERS has secured another €2 million in short-term financing, bringing the total amount of new borrowing arranged within...

Serbia readies €153 million gas interconnector with North Macedonia

Serbia is preparing construction of a new natural-gas interconnector with North Macedonia, adding another southern import route for gas entering Southeast Europe via Greece....

EPCG submits environmental assessment for 37.6 MW Kapino Polje B2 solar plant

Montenegro’s state-owned power utility EPCG has submitted an environmental-impact assessment for its planned 37.6 MW Kapino Polje B2 solar power plant near Nikšić, advancing...