Tenex, Rosatom’s export arm, pumps roughly a quarter of America’s reactor fuel across the Atlantic while the U.S. targets Russian oil. When Washington slapped sanctions on Lukoil yesterday, Bulgaria’s only refinery didn’ just feel the squeeze – it saw the spectre of shutdown. A single U.S. decision in a Maryland…

Institutional hurdles and a prosecutor’s probe delay the signing of a landmark joint venture with the German defence giant. Bulgarian institutions are delaying the implementation of a key multi-billion-euro defence investment to build two factories for gunpowder and artillery shell production in partnership with the German defence corporation Rheinmetall. The…

European nations are working with Ukraine on a new proposal for a ceasefire in Russia’s war along current battle lines. A planned Budapest summit between U.S. President Donald Trump and Russian President Vladimir Putin was put on hold on Tuesday (21 October), as Moscow’s rejection of an immediate ceasefire in…

Oil prices surged following the United States’ announcement of new sanctions targeting Russian oil giants Rosneft and Lukoil, the first such measures since Donald Trump resumed the presidency. This action aims to stifle essential revenue streams to Moscow amidst renewed Western efforts to compel Russia to reconsider its ongoing invasion…

On 20 October two refineries linked to Russian oil – Hungary’s MOL Danube facility and Romania’s Petrotel-Lukoil plant- went up in flames, almost simultaneously. Budapest called its refinery blaze a “technical failure” and Bucharest said “no scenario can be ruled out,” outside analysts raised their weary eyebrows. At 1 a.m….