Winter Tourism: 1.8 Million Visit Bulgaria
Bulgaria has witnessed a bustling winter tourism season, with a total of 1.8 million tourists gracing its picturesque landscapes from December 1 to March 25
Russia’s Lukoil has no plans at present to revise investment plans for 2016 or its oil price forecast for the year, company President Vagit Alekperov has said.
"As of today, we have a balanced investment programme", TASS quoted Alekperov as saying to reporters in Vienna on Wednesday.
Asked whether Lukoil would revise the programme for this year, Alekperov replied “No, not yet,” according to TASS.
Alekperov said earlier that Lukoil planned to keep its investment at USD 9 B in 2016-2017 financial year. Last year, when investment slightly topped USD 9 B, the company implemented all planned projects, including the introduction of a USD 1.5 B heavy oil residue hydrocracking plant at its Bulgarian refinery Neftochim Burgas.
Lukoil has projected a price of USD 40 per barrel for the second quarter of 2016 and an average price of USD 50 per barrel for the year.
On Thursday morning benchmark Brent crude oil prices hovered around USD 49 per barrel ahead of OPEC summit in Vienna. Market analysts expect the 13 member states of the oil cartel to refuse any call to freeze output to prevent a slide in prices although no specific output proposal is on the agenda of the meeting.
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In a recent statement, Russian Deputy Foreign Minister Sergei Ryabkov issued a stern warning to Poland, asserting that any permanent deployment of NATO nuclear weapons on Polish soil would render the country a military target for Russia.
As Russia prepares to mark Victory Day, commemorating the Soviet Union's triumph in World War II, festivities are set to be scaled back for the second consecutive year due to security threats linked to the war in Ukraine and recent acts of terrorism
Defense Minister Sergei Shoigu announced today that Russia will escalate strikes on Ukrainian storage bases housing weapons supplied by Western nations
Russian Foreign Minister Sergey Lavrov has issued a stark warning, stating that the West is on the brink of a direct military clash between nuclear powers, with potentially catastrophic consequences
The Ukrainian Armed Forces have dealt a severe blow to Russian military installations in the temporarily occupied Crimea peninsula
Russian peacekeeping forces have initiated their withdrawal from Nagorno-Karabakh following Azerbaijan's reclaiming of the disputed region from Armenian separatists last year, as confirmed by the Kremlin
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