Where finance and media intersect with reality


Russian oil titan Lukoil eyes the end of its reign in Bulgaria (POLITICO)


By Victor Jack · Aug 21, 2023 BURGAS, Bulgaria — Russia’s largest private oil company Lukoil casts an immense economic and political shadow over Bulgaria — but the energy major’s privileged position in the Balkan country is in growing danger. That’s because a derogation from EU oil sanctions enjoyed by its Bulgarian branch runs out […]

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