Latest news

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


Bulgaria enforces 5% revenue tax on electricity producers, importers

Bulgaria will enforce a 5 percent tax on profits for power producers and importers since it aims to reduce a deficit at its state-owned utility, as decided by its parliament on Wednesday.

read more... 23/07/2015


Greece, Bulgaria will sign IGB gas pipeline agreement soon

Greece and Bulgaria will sign an agreement in the next weeks to construct a gas pipeline linking the two countries, part of the Southern Corridor infrastructure scheme to transport Caspian gas to Europe, as stated by two Greek energy ministry officials on Friday.

read more... 15/06/2015


Serbia expects to launch gas pipeline to Bulgaria in 2016

Serbia wants to launch operations on a delayed gas pipeline link with Bulgaria in 2016 to guarantee alternative supplies following the failure of Russia's South Stream project, Belgrade's energy minister declared on Thursday.

read more... 29/05/2015


Bulgaria requires renewable energy producers to split output

Bulgaria's electricity grid operator required all green energy producers to halve their output on Monday in an effort to balance production and consumption in the Balkan country, according to the state-owned company.

read more... 26/05/2015