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Bulgaria

Almost a Third of Russian Seaborne Oil Export Potential is Stuck in Tankers

Around 1.4 million barrels per day of Russian oil, or almost a third of the country’s seaborne exporting potential, remain in tankers as unloading...

Bidders Circle Lukoil’s Overseas Assets as Sanctions Loom

From Egypt to Kazakhstan, the foreign assets of Russian oil major Lukoil LKOH.MM are attracting potential bidders as time runs out to clear deals...

Yangzijiang Shipbuilding Secures Order for Four 71,000 DWT Bulk Carriers from Bulgaria’s Navibulgar

Following the order of 6 bulk carriers of 2 types last year, Bulgarian shipowner Navibulgar has returned to its preferred Chinese shipyards to place...

Bulgaria’s president vetoes state takeover of key Lukoil refinery

Bulgaria’s President Rumen Radev on Wednesday vetoed legal changes that would allow the government to seize control of Lukoil’s Burgas oil refinery and sell...

Romania’s defence strategy cites need to secure Black Sea infra amid Russian threats

“Boosting cooperation with Turkey and Bulgaria, as allied states, but also with other (Black Sea countries), is important in this context.” The strategy, which will...

Bulgaria Steps Up Security at Lukoil Refinery Ahead of Planned State Takeover

November 11, 2025 - Bulgarian authorities are conducting inspections and implementing security measures at Russian oil major Lukoil’s Burgas oil refinery to preserve critical...

Middle East Crude-Benchmarks extend declines under supply pressure

Middle East crude benchmark spot premiums of Oman, Dubai and Murban edged down on Tuesday, extending declines from previous sessions as ample supplies weighed. Kuwait...

Too big to swallow? Lukoil empire no simple acquisition for Gunvor

Russian energy group Lukoil’s foreign empire is suitor Gunvor’s biggest acquisition target to date but looks far beyond the Swiss trader’s borrowing capacity, bankers...

Oil slips on oversupply worries, sanctions risk in focus

Oil prices dipped in Asian trade on Tuesday as oversupply concerns outweighed uncertainty over the impact of U.S. sanctions on Russian oil majors Rosneft...

Oversupply fears outweigh Russian supply threat, oil prices dip

Oil prices dipped in Asian trade on Tuesday as oversupply concerns outweighed uncertainty over the impact of US sanctions on Russian oil majors Rosneft...
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