New Russian Missile Attacks in Ukraine
Ukraine finds itself once again under fire from Russian missiles, marking a new wave of violence in the region
The European Commission has requested clarification from Bulgaria regarding a proposed ammendment to the Energy Act.
The Commission is concerned that the Bulgarian government is planning to pass an ammendment, which would change the status of the South Stream gas pipeline in its segment, so as not to fall in the range of European legislature.
In December 2013, the EC cautioned Bulgaria (and other countries involved in the project) to renegotiate their bilateral agreements with Russia on South Stream, in order to make them comply with EU law.
Bulgaria's Energy Minister Dragomir Stoynev has received a letter from the EU Energy Commissioner Gunther Oettinger, requesting clarification on the proposed ammendments. They are believed to be designed to give Bulgaria's South Stream segment a status of "interconnector", which would make it untouchable by EU law.
The EC was quick to assure that this is not part of a legal procedure against Bulgaria, since none of the draft texts have yet been voted in Parliament.
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Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022