Bulgaria’s Lukoil Refinery Slashes Costs By $8 Million
Bulgaria’s Lukoil Neftohim Burgas refinery has saved $8 million in just two months after dropping its Swiss-based trading…
Indian Oil Buyers Reassess Russian Crude Under New U.S. Deal
Following the trade deal announced by U.S. President Donald Trump, Indian refiners seek clarification about Russian oil imports…
Russia’s Oil and Gas Revenues Are Set to Plunge as Prices and the Ruble Turn
Russia’s budget revenues from oil and gas are set to drop by 46% on the year this month,…
CPC oil exports slump in December after drone attacks
Oil exports via the Caspian Pipeline Consortium, which brings crude from Kazakhstan to a Russian terminal in the…
Is Iraq About to Make Its Biggest Geopolitical Pivot in Years?
Following the Iraq Oil Ministry’s recent dispatch of exclusive invitations to several major U.S. energy firms to develop…
Is Iraq About to Make Its Biggest Geopolitical Pivot in Years?
Following the Iraq Oil Ministry’s recent dispatch of exclusive invitations to several major U.S. energy firms to develop…
Chinese “teapots” snap up Russian crude at deepest discounts of 2025
China’s state refiners, however, are still avoiding buying Russian crude on the spot market, putting pressure on ESPO…
Moldova Moves to Nationalize Lukoil-Owned Airport Fuel Infrastructure After Sanctions
Islam Times – Moldovan authorities have moved to nationalize key infrastructure owned by the local subsidiary of Russian…
Fast takes on today’s big business moves
Wake up to the shifts shaping the future. From boardroom shakeups and billion-dollar bets to the latest tech…
Hungary’s Orban to send team to Russia, expecting end of Ukraine war
Hungarian Prime Minister Viktor Orban announced on Saturday that he was sending a business delegation to Russia in…
Sanctioned Lukoil in talks with three buyers for its Romanian assets
“At the moment there are three companies which have shown intention to acquire Lukoil’s Romanian assets, both the…
Russia’s Lukoil Calls On Bulgaria Not to Hinder Sale of Sanctioned Assets
Russian oil giant Lukoil on Wednesday called on Bulgarian authorities not to interfere with its efforts to sell…