Expert: Bulgaria Cannot Legally Ban Fuel Exports!
Bulgaria cannot legally impose a ban on fuel exports, according to Nikola Yankov, former Deputy Minister of Economy and former Bulgarian representative for Lukoil
A Libyan rebel fighter mans a machine gune mounted on a pick-up truck on a road towards the town of Brega, Libya, on 04 April 2011
Representatives of the Libyan rebels will try to export crude oil for the first time after the uprising against the uprising against dictator Muammar Gaddafi began.
A Liberian-registered tanker by the name of Equator will arrive in the rebel-held eastern Libyan port Tobruk on Monday to load a cargo of Serir/Mesla blend oil, according to the Platts news agency.
"They are coming for sure because there was a contract signed already," Wahid Bougaighis, head of the new rebel-held oil company is reported saying. Last week, the rebels announced they had signed a deal with Qatar on crude oil export.
Earlier on Monday, US accepted NATO's request to extend their participation in the military operation in Libya by 48 hours. Meanwhile, Gaddafi still has control over many parts of Libya despite reports many of his closest circle are defecting and that his envoys are secretly negotiating with western powers.
Russia has declared its readiness to resume peace negotiations with Ukraine, even as its forces continue to advance around the frontline city of Pokrovsk
The discount on Russian Urals crude compared to Brent reached a one-year high of 19.40 dollars per barrel at the ports of Primorsk and Novorossiysk on 10 November
Romania is moving to assume control of Lukoil’s local operations to safeguard its national energy system and comply with upcoming U.S. sanctions
The European Commission has identified Spain, Italy, Greece, and Cyprus as countries “under migratory pressure,” opening the way for the relocation of asylum seekers to other EU member states
Ukraine’s Justice Minister Herman Halushchenko has been suspended following a sweeping investigation by the National Anti-Corruption Bureau (NABU) into large-scale corruption at the state nuclear energy company Energoatom
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