Latest news
Russian gas supplies returning to normal levels in the most European states
Russian gas flows to Bulgaria, Slovakia, Austria, Hungary, Poland and Greece have been reinstated to normal volumes over the weekend, while the gas deliveries to Romania, Germany, and Italy are increasing, European Commission press secretary Marlene Holzner said on Monday.
read more... 07/02/2012
Bulgaria forbids Chevron from using hydraulic fracking technique
The Bulgarian lawmakers banned the controversial practice of hydraulic fracturing and imposed a 100 million-lev ($65 million) fine for offenders, baffling Chevron’s Corp plans to explore for natural-gas deposits in the Balkan country.
read more... 19/01/2012
Bulgaria refuses to pay Russia for Burgas-Alexandroupolis oil pipeline
The Bulgarian Prime Minister announced that Bulgaria has no intentions to pay a single penny as to reimburse Russia for the Burgas-Alexandroupolis oil pipeline project.
read more... 12/01/2012
Bulgaria to withdraw from Russian, Greek oil pipeline deal
Bulgaria's Energy and Economy Minister Traicho Traikov said on Wednesday his country decided to withdraw from a pipeline deal to carry Russian oil through his country to Greece, bypassing Turkey's Bosporus Straits, because it cannot be achieved under the financial conditions agreed on in 2007.
read more... 08/12/2011
Bulgaria pledges for common European legislation for shale gas
Bulgaria initiated the adoption of a common legislation for exploration and production of shale gas in the EU at a forum on non-conventional gas extraction which took place on November 11 in Sofia, organized by the Bulgarian Industrial Association.
read more... 22/11/2011