Shell looks for oil and gas in the Bulgarian Black Sea coast
Bulgaria has selected the Anglo-Dutch group Royal Dutch Shell to explore oil and gas in the Black Sea and the…
Bulgaria offers Azerbaijan ”a massive package” of energy projects
The Bulgarian government has proposed a package of energy cooperation projects to Azerbaijan. It remains unclear if the massive deal…
OMV talks with Bulgaria about gas transport from Romania
Officials of Austrian OMV Group, which controls Petrom, asked the representatives of Bulgartransgaz what are the opportunities of gas transport…
Romania lobbies funding for Vertical Corridor
Romania, Bulgaria, Hungary and Greece propose an interconnection of national gas networks, called the Aegean Baltic Corridor, for which will…
Rompetrol Rafinare increases its revenues and reduces losses
Rompetrol Rafinare increases its revenues and reduces losses Rompetrol Rafinare, a member company of KMG International, recorded a USD 4.33…
Hungary defies EU and greenlights South Stream pipeline
Hungary’s parliament approved a law that would open the way for the construction of the Russian-backed South Stream natural gas…
Bulgaria-Romania gas interconnection, to be completed this year
The gas pipeline interconnecting Romania and Bulgaria, between the cities of Giurgiu and Ruse, is expected to be ready by…
Ukraine Conflict forces Eastern states to stockpile gas
Eastern European nations from Poland to Serbia are boosting stockpiles of natural gas after Russia reduced deliveries during the armed…
Hungarians and Bulgarians cut fuel price
Hungarian oil and gas company MOL lowered its wholesale diesel and petrol prices by HUF 4 and HUF 3 per…
EU suspects Bulgarian energy company of illegal resale restrictions
Bulgaria‘s state-owned energy company may be breaking European Union (EU) laws by imposing territorial restrictions on the resale of its…
