search icon
search icon
Flag Arrow Down
Română
Română
Magyar
Magyar
English
English
Français
Français
Deutsch
Deutsch
Italiano
Italiano
Español
Español
Русский
Русский
日本語
日本語
中国人
中国人

Change Language

arrow down
  • Română
    Română
  • Magyar
    Magyar
  • English
    English
  • Français
    Français
  • Deutsch
    Deutsch
  • Italiano
    Italiano
  • Español
    Español
  • Русский
    Русский
  • 日本語
    日本語
  • 中国人
    中国人
Sections
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
About Us
Contact
Privacy policy
Terms and conditions
Quickly scroll through news digests and see how they are covered in different publications!
  • News
  • Exclusive
    • INSCOP Surveys
    • Podcast
    • EU
    • Diaspora
    • Republic of Moldova
    • Politics
    • Economy
    • Current Affairs
    • International
    • Sport
    • Health
    • Education
    • IT&C knowledge
    • Arts & Lifestyle
    • Opinions
    • Elections 2025
    • Environment
51 new news items in the last 24 hours
  1. Home
  2. Economy

Romania and Bulgaria are rushing to prevent the closure of Lukoil refineries before the US sanctions, taking into account exemptions and nationalizations.

Radu Burcă
whatsapp
facebook
linkedin
x
copy-link copy-link
8 November 2025, 11:29
main event image
Economy
https://www.shutterstock.com/image-photo/voronezh-russia-may-29-2024-racks-2699182199
google-preference

Always see our news on Google

Romania and Bulgaria are in a race against time to prevent the closure of Lukoil refineries, which could severely impact fuel supply. The sanctions imposed by the U.S., which come into effect on November 21, have generated chaos in these countries, which depend on Russian refineries. Bulgaria has adopted a bill that allows the government to take control of the Burgas refinery, while Romania is considering requesting a waiver to extend the application deadline for the sanctions.

The Romanian Minister of Energy stated that Bucharest is prepared for any scenario, considering that the Petrotel refinery supplies about 20% of the country's fuel. The closure of the refineries could lead to price increases and affect exports to Moldova. Additionally, both countries are facing difficulties in finding new owners for the refineries due to legal risks and high costs associated with the sanctions.

Real issues could arise later, including challenges related to arbitration and the need for coordination of decisions at the European level to avoid circumventing the sanctions. Analysts emphasize that it is essential for Brussels to monitor potential buyers to prevent Russian influence in the energy sector.

Sources

sursa imagine
Profit.ro
România vrea derogare pentru a amâna sancțiunile SUA în cazul Lukoil. Închiderea rafinăriei ar afecta aprovizionarea Moldovei - surse Politico
sursa imagine
Curs de guvernare
România vrea să ceară o derogare pentru a amâna sancţiunile SUA în cazul Lukoil, care furnizează 20% din combustibilii țării. Ministrul Ivan, pentru Politico: Suntem pregătiți pentru orice scenariu
sursa imagine
psnews.ro
POLITICO: România vrea o derogare pentru a amâna sancţiunile în cazul Lukoil. Poate fi afectată aprovizionarea Moldovei
sursa imagine
ProTV Moldova
Politico: Sancțiunile SUA pentru Lukoil: România vrea o amânare....

Latest News

16:43

Explosion in Crocmaz, Republic of Moldova: Fragments of combat drone discovered / No casualties reported

16:15

The College of Physicians in Romania reacts after an ambulance was attacked in Cluj County. They condemn the violence against medical staff.

16:00

MAE, travel warning for Spain. Restrictions in the Valencian Community on August 12, on the day of the solar eclipse, due to the risk of wildfires.

15:36

A man arrested in Bucharest after allegedly causing several fires in the area of Iuliu Maniu Boulevard

15:29

Three young men were apprehended by the police in Cluj after the attack on an ambulance

See more news

NEWS ON THE SAME TOPICS

event image
Economy
Lukoil, affected by the sanctions imposed by the USA, is looking for a buyer for its international businesses, valued at 22 billion dollars. The deadline has been extended to allow the completion of the transaction.
event image
International
The Trump administration has extended the deadline for energy companies to acquire the international assets of Lukoil until June 27, 2026.
event image
Economy
Russia has imposed a temporary ban on diesel exports until July 31, in order to stabilize the domestic market affected by Ukrainian attacks.
event image
EU
The European Union is analyzing a new approach for sanctions against Russia, after Greece blocked a package of measures.
event image
Current Affairs
The Ministry of Energy is evaluating alternative supply options for gas due to disruptions in the Black Sea.
event image
International
Bulgarian Prime Minister Rumen Radev announced that Bulgaria officially opposes the 21st package of European Union sanctions against Russia, emphasizing that the decision protects the national interest.
app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview app preview
Bulgaria Romania USA derogation procrastination Lukoil Donald Trump

Editor’s Recommendations

main event image
Current Affairs
5 hours ago

Attack with bats and axes on the ambulance in Cluj, related to disinformation on social media about "black ambulances"

Sources
imagine sursa
imagine sursa
imagine sursa
main event image
Current Affairs
6 hours ago

Mirroring, after the sinking of the four barges in the Danube: "8 cm gained at Cernavodă and at least another 9 days for Unit 2"

Sources
imagine sursa
imagine sursa
imagine sursa
imagine sursa
main event image
International
2 hours ago

Israel rejected President Trump's 15-point peace plan for Gaza.

Sources
imagine sursa
imagine sursa
imagine sursa
imagine sursa
imagine sursa
+1
main event image
Opinions
Yesterday 18:08

Andrei Cornea: "The many" and their detested experts

main event image
Exclusive
Yesterday 09:25
Original Content

IT News Review by Control F5 Software: EU considers it necessary to monitor high-risk AI systems

app preview
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
app preview
app store badge google play badge
  • News
  • Exclusive
  • INSCOP Surveys
  • Podcast
  • EU
  • Diaspora
  • Republic of Moldova
  • Politics
  • Economy
  • Current Affairs
  • International
  • Sport
  • Health
  • Education
  • IT&C knowledge
  • Arts & Lifestyle
  • Opinions
  • Elections 2025
  • Environment
  • About Us
  • Contact
Privacy policy
Cookies Policy
Terms and conditions
Open source licenses
All rights reserved Strategic Media Team SRL

Technology in partnership with

anpc-sal anpc-sol