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The National Iranian Oil Company (NIOC) aims to raise crude oil production by 250,000 barrels per day and refining by 520,000 barrels with private sector support. Contracts worth $1.6 billion have ...

Former Bulgarian environment minister Julian Popov believes the government is "not properly prepared" and has "no contingency plan" for Lukoil’s exit ...

By Tatyana Kekic in Belgrade Bulgaria has temporarily suspended exports of petroleum products to European Union countries ...

Bulgaria's parliament on Friday adopted temporary restrictions on exports of petroleum products, including to other European Union members, to ensure sufficient supplies following US sanctions on ...

Bulgaria's parliament temporarily banned on Friday exports of some fuels, mainly diesel and aviation fuel, to EU member ...

The ban will not apply to the refueling of domestic and foreign ships, aircraft and deliveries to the armed forces of European Union and NATO member states.

Bulgaria’s Energy Minister Zhecho Stankov announced on Friday that the country is developing strategies to guarantee ...

Rosen Zhelyazkov noted that the refinery has an opportunity until November 21 to complete all necessary transactions and transfers ...

Whether you want a better price or something single-sourced may determine your next grocery trip destination. Nicolette is a lifestyle writer based in Brooklyn, NY. Enthusiastic and ambitious, she's ...

Supermarket shelves are packed with oils from budget bottles of sunflower and vegetable oil to pricier olive, avocado and coconut oils claiming health benefits. Oils and fats have been at the centre ...

LARNACA, Cyprus Sept 16 (Reuters) - Soccer players are lining up for a fiery kick - not on the pitch, but in the form of a searing shot of olive oil from Cyprus. The peppery, throat-burning liquid is ...