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Construction of gas pipeline between Bulgaria and Greece to start in 2018
The construction of the gas link between Bulgaria and Greece is expected to start in the beginning of 2018, stated interim Energy Minister Nikolay Pavlov in Azerbaijan. Pavlov…
A new workshop for Southern Gas Corridor
The third meeting of the Consultative Council on the project South Gas Corridor started in Baku, according to novinite.bg. Representatives of the European Commission, Georgia, Turkey, Albania,…
Biomass – the energy promise for environmental issues
The capitalization of biomass as an energy resource seems to be suspended between several decision-making levels (European, national, municipal) and…
Increased interest for state companies, as state forces payment of 90% of profits as dividends
In the last weeks, the quotations for utilities were animated by the decision that obliges the state companies to distribute…
Alexey Miller and Rainer Seele seal the deal for Nord Stream 2 pipeline
Alexey Miller, the CEO of the Russian energy giant Gazprom met Rainer Seele, the head of Austria’s OMV energy company,…
Bulgartransgaz: yearly capacity allocation procedure will take place on March 6
Bulgartransgaz highlighted that it is offering of bundled year capacity at IP Kulata/Sidirokastro in reverse flow direction, transfer point between…
Net income declined (23%) in Rompetrol Rafinare, while the operating profit climbed by 62%
Depressed prices for oil products impacted seriously the net profit made in 2016 by Rompetrol Rafinare, a company member of…
EC to conduct market survey before deciding on Gazprom fine
The European Commission will conduct a market survey before deciding finally whether to fine Russian company Gazprom or make a deal with…
Almost 84% of the Ministry of Energy budget goes for the Iernut project
The budget for Ministry of Energy will be 0.057% of GDP, in 2017, according to the Government proposal, submitted for…
US oil exports could exceed 2017 production by four members of OPEC
US oil exports could exceed 2017 production by four members of the Organisation of Petroleum Exporting Countries (OPEC). American analysts…
Russia’s Gazprom looks to add latest Ukraine bill to arbitration claim
Russia’s Gazprom has asked that a bill for $5.319 billion sent to Ukraine’s Naftogaz Ukrayiny on January 17 be added…