Oil Prices Hit 5-Month Highs
In the oil market, the upward trend continues at the beginning of the new week, with prices rising to nearly 5-month highs due to increasing geopolitical risks related to supply disruptions
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Lukoil Neftochim, a Burgas-based oil refinery, will be slapped with a fine for contaminating the city's air with hydrogen sulfide, Environment Minister Ivelina Vasileva has said.
Vasileva has told the Bulgarian National Television the official announcement is to come from local authorities later on Friday.
Over the course of 24 hours, alarming rates of hydrogen sulfide concentration have been measured in the air of Burgas, with residents reportedly complaining of a pungent smell.
In the night of Thursday into Friday, the rate reached a value 36 times above the norm, which later fell sharply to three times above, local media report.
Lukoil Bulgaria officials earlier explained they were testing equipment.
The fine of up to BGN 0.25 M (approximately EUR 0.125 M, the maximum possible under current legislation) comes after the same refinery caused an oil spill in June of last year, with nearly 30 tons of fuel flowing into nearby rivers and protected territories.
After being imposed a BGN 0.1 M fine, Lukoil then argued the incident had been caused by a theft attempt.
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As night descends, expect an increase and thickening of clouds across Bulgaria, with light rainfall anticipated in certain areas of Western Bulgaria
Today, Bulgaria can expect a varied weather outlook with a blend of clouds and occasional sunshine
March 16 promises a predominantly sunny day with some clouds looming over mountainous regions and the eastern parts
Over the next 24 hours, Bulgaria will be enveloped in clouds, offering little respite from the persistent overcast conditions
Most regions across the country are set to experience a cloudy day with intermittent rain showers, particularly targeting areas like the Fore-Balkan, Upper Thracian Plain, and East Bulgaria
Tomorrow, anticipate cloudy conditions with rain showers prevailing throughout Bulgaria
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