Lukoil
$2 Billion of Russian Oil Sold to EU, US, and Bulgaria Through Turkish Refineries
In the first half of 2024, Western allies, including Bulgaria, the European Union and the United States, purchased around 2 billion dollars worth of oil products from Turkey that were refined from Russian crude oil, according to a report by the Center for the Study of Democracy (CSD) and the Center for Energy and Clean Air (CREA).
Hungary to Pay Extra for Russian Oil Amid Ukrainian Pipeline Ban
Hungarian state oil company MOL is nearing the conclusion of negotiations to establish a new arrangement for securing Russian crude oil after Ukraine banned its main partner, Lukoil, from using Ukrainian pipelines.
Hungary Accuses Ukraine of Blackmail Over Oil Supply Disruptions
Hungary has accused Ukraine of blackmailing both itself and Slovakia by halting oil supplies, according to a statement from Hungarian Prime Minister Viktor Orban's advisor, Gergely Gulyas. The accusations come in the wake of Ukraine's decision to impose sanctions on Russia's Lukoil, which has disrupted the oil transit through the country.
US to Establish Logistics Centers in Black Sea Nations to Accelerate Arms Deliveries to Ukraine
The United States is planning to establish logistics centers in Black Sea countries to expedite the delivery of arms to Ukraine. This move comes as Hungary and Slovakia have struggled to initiate consultations with Ukraine, mediated by the European Commission, regarding the resumption of oil supplies from the Russian company Lukoil.
Bulgaria Offers Hungary Oil Products Amid Lukoil Transit Disruption
Bulgaria has extended an offer to supply Hungary with petroleum products following Ukraine's suspension of crude oil transit from Lukoil to Hungarian refineries. The Hungarian Foreign Ministry confirmed this development.
Hungary Blocks EU Military Aid to Ukraine Over Lukoil Oil Transit Dispute
Hungary will block European Union refunds to member states that provided ammunition to Ukraine until Kyiv resumes the transit of oil from Russia's Lukoil through a pipeline across Ukrainian territory, Hungary's foreign minister announced on Tuesday.
Hungary and Slovakia Demand EU Mediation After Ukraine Halts Russian Oil Imports
Ukraine has halted a third of Russian oil imports to Hungary, leading Hungary and Slovakia to request immediate consultations with Ukraine, mediated by the European Commission. This action came after Ukraine stopped transferring Lukoil oil to the west last week.
Former Bulgarian PM Warns of Foreign Meddling, Russia's Influence
In an interview with Spanish publication EL PERIÓDICO, former Bulgarian Prime Minister Nikolai Denkov sheds light on the precarious state of Bulgaria's political landscape, warning against external attempts to sway governmental decisions. Denkov's remarks underscore the nation's pivotal role in European energy transit and the challenges posed by Russia's expanding influence.
Parliament Votes to Establish Three Temporary Committees Investigating Key Issues
In a late-night session, the Bulgarian parliament voted to establish several temporary committees of inquiry.
PPC completes acquisition of Romania wind farm
Public Power Corporation (PPC) announced on Tuesday it has completed the acquisition of an 84-megawatt wind farm in Romania through its subsidiary PPC Renewables.
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