Tag:oil
Bulgaria
Bulgaria: PM Petkov assures govt’s determination to end corruption
"We discussed that Russia is using corruption as an instrument for influence, including for national gas diversification efforts", the Prime Minister cited.
News
Bulgaria to ask for exemption from EU regarding imposing oil embargo on Russia
As per the sources, the EU members during Wednesday's meeting haven't reached an agreement on the matter of imposing an embargo on Russia but are likely to wind up the matter on Thursday (today, May 5, 2022).
Europe
EU proposes ban on Russian oil
"We will assure that we phase out Russian oil in an orderly fashion, in a way that permits our partners and us to secure alternative supply routes and minimizes the impact on global markets".
Bulgaria
Bulgaria: Trans Express Oil reduces its shares in fuel retailer Petrol
Trans Express Oil has reduced the margin of its share in the Bulgarian fuel retailer Petrol from 15.31% to 9.82%, as per the statement issued on Tuesday, April 5, 2022.
Latest news
Bulgaria’s Population Declines: Birth Rates Fall, Mortality Still High
A total of 53,727 children were registered in 2024, with 53,428 classified as live births—99.4% of all registered. However, live births saw a 6.6% decline compared to 2023, pushing the total fertility rate down to 8.3‰ from 8.9‰
Bulgaria Raises 4 Billion Leva in New State Debt via International Bond Issuance
While the Ministry of Finance has not yet confirmed the transaction, it is believed the funding was raised via the issuance of two bond tranches with maturities of nine and thirteen years respectively
Severe Flooding Devastates Villages in Vratsa and Montana Regions
In Hayredin, around 20 houses were completely submerged, and over 100 homes suffered water damage. Local infrastructure also sustained heavy destruction, with sections of asphalt roads washed away by the powerful currents
Must read
Flu Season in Bulgaria Yet to Peak: Rising Cases and Health Warnings
Although some regions, like Blagoevgrad, have already seen a significant rise in flu cases, areas such as Sofia and Burgas have not experienced a major surge. However, hospitals in Sofia are beginning to fill up with flu patients, and the situation remains closely monitored
Bulgarian Sailors Reunite with Families After 14 Months in Houthi Captivity
The two sailors were accompanied by a Romanian crew member, who was welcomed by Romania’s ambassador. The release of the sailors followed a complex diplomatic operation spearheaded by Oman, a key mediator in regional conflicts