Energetics
News about production, supply, and pricing of electricity, gas, fuels, and renewable energy sources.
UK gives green light to activities with "Lukoil" until February
OFSI issued a temporary license allowing work with "Lukoil International" and its Bulgarian subsidiaries, despite sanctions. The license is valid until February 26th, and for the subsidiaries - until February 2026.
Energy Budget Approved: Funding and Policies
The Ministry of Energy's budget for the next year has been approved. Key policies and funding were discussed, including 36 million euros for sustainable development. Parliamentarians voted on the budget following debates.
Lukoil Neftohim Burgas: Meeting about the future of the refinery
Rumen Spetsov discussed the future of Lukoil Neftohim Burgas with employees. Guaranteed jobs and reliable fuel supplies. Management tasks and compliance with sanctions were discussed.
Spetsov Dismisses Lukoil Chairman: Manyakhin Removed
Rumen Spetsov, the new special manager of Lukoil, removed Evgeni Manyakhin from the position of Chairman of the Management Board. The change in leadership takes effect immediately, with the reasons remaining unclear.
Fuel Price Increase in Bulgaria: Diesel and Gasoline with New Prices
Fuel prices in Bulgaria are rising again. Diesel fuel has increased by over 3 st., and gasoline A95 by about 2 st. The prices are reaching last year's levels, worrying drivers.
Lukoil in Bulgaria: Rumen Spetsov Appointed Special Manager
The appointment of Rumen Spetsov as a special manager of Lukoil Bulgaria is key. This is against the backdrop of sanctions and the need to ensure the operation of the Burgas refinery after November 21st, important decisions are ahead.
Zhelyazkov Calls Security Council Meeting on Lukoil
Prime Minister Zhelyazkov is convening the Security Council to appoint a special manager for "Lukoil". The meeting takes place against the backdrop of tension in key areas and challenges in the energy markets. The results are awaited with interest.
Government with Plan for Lukoil Before Sanctions
Deputy Prime Minister Donchev announced the government's readiness to deal with the "Lukoil" issue before the sanctions come into effect. Measures and a trade representative are being discussed. Expect news about actions in the coming days to avoid a fuel crisis.
Lukoil Bulgaria: Gas Stations Operating Normally, Refuting Rumors
Lukoil Bulgaria is refuting rumors of gas stations ceasing operations. The company confirmed that all facilities are functioning normally and are fully supplied with fuel, following the president's veto.
Bulgaria Negotiates for Lukoil Refinery in Burgas
Bulgaria is in talks with the United States to preserve the Lukoil refinery in Burgas, which is crucial for the country's energy sector. Discussions focus on control and protection of assets following US sanctions. The situation highlights global energy issues.
Bulgargaz proposes gas price for December, decrease compared to November
Bulgargaz has proposed a natural gas price for December of 65.24 BGN/MWh. The proposed price is down 0.88% compared to November. Customer orders have increased significantly.
Bulgaria: Fuel Reserves Sufficient to Handle Crisis
Bulgaria has sufficient fuel, secured at nearly 98%, said Asen Asenov. The State Reserve has reserves, including abroad, to guarantee stable energy supplies and resilience during a crisis.
Radev on the Burgas Refinery: A Reliable Owner is Needed
President Rumen Radev stressed the need for a secure owner for the refinery in Burgas. State management is considered a last resort, fearing a repeat of the Bulgartabac fate. The decision is crucial for energy security.
Energy Security in the Region: Zhelyazkov and Zelensky Talked
Prime Minister Rosen Zhelyazkov and Ukrainian President Volodymyr Zelensky discussed energy security and cooperation. The conversation also touched upon other important topics, including the situation in the Black Sea.
Parliament Rejects Nationalization of Lukoil Neftohim Burgas
The National Assembly rejected the proposal to nationalize Lukoil Neftohim Burgas. The proposal, submitted by MECH, received little support. The debates touched upon energy security and derogation.