Latest news

Bulgaria and Greece ink agreement to begin constructing gas pipeline

Bulgaria and Greece on Thursday inked a final investment deal to construct a natural gas pipeline to aid Sofia reduce its almost complete dependence on Russian gas supplies.

read more... 11/12/2015


Bulgaria supports Nord Stream gas expansion

Bulgarian Prime Minister Boiko Borisov declared on Monday his government backed Russia's plans to expand its gas connection to Germany.

read more... 01/12/2015


Shell will search for oil and gas in block offshore Bulgaria

Bulgaria has chosen Royal Dutch Shell to perform deepwater oil and gas exploration off its Black Sea coast and intends to ink an agreement by the end of October, expecting that the project will aid reduce its dependence on imports from Russia.

read more... 30/09/2015


Bulgaria authorizes electricity price cut deal with ContourGlobal

Bulgaria's energy regulator on Thursday approved the electricity acquirement deal between U.S. power firm ContourGlobal and the Balkan country's public electricity supplier NEK.

read more... 28/08/2015


Total might begin Bulgaria offshore drill in early 2016

French oil company Total declared on Monday it was on the way to begin drilling for oil and gas at an exploration location off Bulgaria's Black Sea coast early next year.

read more... 19/08/2015