BMI View: Improvements in the refining sector are boosting the downstream outlook, though 2016 will be tougher with margins expected to drop. The restart of exploration in the Black Sea is positive for Bulgaria's oil and gas sector, which has suffered from heavy production declin ..."
BMI View: The Bulgarian business environment remains challenging, suffering from high levels of
corruption and inefficiency. Bulgaria's oil sector is uninspiring with limited new activity and a continued
decline in domestic production. Upside in Bulgaria's oil and gas ..."