Bulgaria News » Burgas News Bulgaria » Burgas » Finance: Bulgaria moves to prevent shutdown of its only oil refinery ahead of US sanctions
SOFIA, Bulgaria (AP) — Bulgaria is racing to prevent the shutdown of its only oil refinery before U.S. sanctions on the Russian owner take effect later this month. Parliament in Sofia approved legal ...
News Bulgaria » Burgas » Finance: Bulgaria moves to seize, sell Russian energy giant's refinery amid sanctions pressure
Bulgaria is preparing legislative amendments that would allow authorities to seize the Lukoil-owned oil refinery in Burgas and sell it to a new owner, Bulgarian media outlet Capital reported on Nov. 6 ...
News Bulgaria » Burgas » Finance: How Russian Energy Giant LUKoil Makes Millions In Bulgaria But Pays Almost No Tax
"The champion of our petrochemical industry." So boasted Todor Zhivkov, then-communist leader of Bulgaria, when the country's first oil refinery at Burgas on the Black Sea coast launched operations in ...
News Bulgaria » Burgas » Finance: Todd Bowley makes an offer for Lukoil's assets in Bulgaria
The Burgas refinery is part of the international package, valued at around $20 billion. The deal has not yet been finalized ...
News Bulgaria » Burgas » Finance: Lukoil's Burgas Refinery Enters $20 Billion Deal, Backed by Trump
Lukoil's refineries in Bulgaria, Romania and the Netherlands are included in plans to acquire the Russian oil company's international assets from a consortium headed by American billionaire Todd ...