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Turkish-Azerbaijani consortium could buy Lukoil's business in Bulgaria

A consortium of Azerbaijan's state company SOCAR and Turkish private holding Cengiz is the preferred candidate for the business of Russian company Lukoil in Bulgaria, Dnevnik has reported, quoting Capital. Last month, CEO and co-owner..

14.08.25 15:51 |

Mitrofanova admits Lukoil is considering selling its assets in Bulgaria

Lukoil's subsidiaries in Bulgaria are under unprecedented pressure and the company is considering selling assets in the country, Russian Ambassador to Sofia Eleonora Mitrofanova said in an interview with state-run RIA Novosti...

05.08.25 10:34 |

Delyan Peevski alerts Commission on Protection of Competition about possible fuel cartel involving Lukoil

Delyan Peevski has alerted the Commission on Protection of Competition (CPC) about a possible fuel cartel involving Lukoil, the press office of the Movement for Rights and Freedoms- New Beginning said. Delyan Peevski asked CPC to conduct a..

02.06.25 11:32 |
Delyan Peevski (L), Kiril Pertkov

MPs wrangle over whether the state should acquire Lukoil, Burgas oil refinery

The idea of the state acquiring the only oil refinery in Bulgaria – Lukoil Neftohim in Burgas – as proposed on 29 January by the Movement for Rights and Freedoms (DPS) – New Beginning, affiliated with Delyan Peevski and MECH party, split opinions in..

30.01.25 15:41 |
Delyan Peevski

Two opposition parties call on the state to acquire Lukoil

"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...

29.01.25 11:58 |
Lukoil Neftochim in Burgas

FT: Russian oil company Lukoil plans to sell its Bulgarian refinery to Qatari-British consortium

The Russian state oil company Lukoil has plans to sell its Bulgarian refinery Neftochim based in Burgas on the Black Sea Coast. It is the largest in the Balkans, writes the Financial Times .  The deal is expected to be announced by the end of..

06.11.24 11:55 |
Peter Szijjarto (R) during a meeting with Bulgaria's caretaker Energy Minister Vladimir Malinov in Bucharest

Bulgaria has offered to help Hungary over ban on transit of oil across Ukraine, Hungarian foreign minister says

Bulgaria has offered to help Hungary cope with the difficulties arising from the ban on the transit of oil across Ukraine. This transpired from a post on Facebook by Hungary’s Foreign Minister Peter Szijjarto. “Bulgaria, as a true friend and..

24.07.24 17:54 |
Port Rosenets

Constitutional Court confirms termination of Lukoil’s concession of oil port Rosenets

The Constitutional Court has rejected the request by President Rumen Radev to rule that the termination of Lukoil’s concession of oil port Rosenets is unconstitutional. Parliament adopts fast-track procedure to terminate Lukoil's concession..

17.05.24 09:01 |

Payment made by Lukoil to state fund lower than sum set down by Energy Ministry

The oil refinery Lukoil Neftohim Burgas has made payments to the Electricity System Security Fund amounting to 45 million Leva (EUR 22.9 million), a sum lower than the sum set down by the Ministry of Economy, the Fund told the BNR...

20.01.24 13:43 |

US Congress Committee requests clarification regarding Lukoil Burgas and the import of Russian oil

The US has officially asked for clarification regarding what legislative amendments connected with Lukoil, Russian oil and the derogation for its import have been adopted by Bulgarian parliament.   The request was made by the Foreign..

21.12.23 11:42 |
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