Oryx Global

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ORYX GLOBAL LIMITED

Bulgaria's Lukoil Refinery Sale: Hungarian MOL Emerges as EU’s Key Contender Amid Controversy

Hungarian oil and gas company MOL has officially expressed interest in acquiring Lukoil's refinery in Bulgaria. This was confirmed by Hungarian Prime Minister Viktor Orban, who stated during a briefing in Budapest that MOL had submitted a bid for the refinery in Burgas and was among seven potential buyers.

Russian Oil Giant Lukoil to Exit Bulgaria, Sells Refinery to New Consortium

Russian energy giant Lukoil has announced plans to sell its largest asset in the Balkans, the refinery in Burgas, Bulgaria, to a Qatari-British consortium by the end of the year, marking a significant shift in Moscow's influence over energy supplies in Southeastern Europe, as reported by the Financial Times.