European Parliament Passes Landmark Directive on Platform Workers' Rights
The European Parliament has approved the EU's inaugural directive aimed at regulating the employment rights of individuals working through online platforms
Russia's energy concern Gazprom is to acquire half of the shares of its Berlin-based subsidiary, South Stream Transport.
Gazprom's board of directors agreed that a total of 205 900 shares will be sold by Gazprom Germania to the main company, RIA Novosti reported.
South Stream Transport B.B. is a joint venture of Gazprom, Italian ENI, French EDF and German Wintershall Holding.
It is to build the undersea section of the South Stream gas pipeline, which will cross the Black Sea and enter the EU through Bulgarian land.
Under the current schedule, gas is to be first poured into pipes of the South Stream in 2016, and the pipeline should become fully operational to years later.
The project, however, has recently been subject to heated discussions in Europe, and also in Bulgaria, as some suggest it should be frozen due to the situation in Ukraine.
Last week the European Parliament adopted a non-binding resolution stating that construction of the South Stream should be halted.
Gazprom is adamant that work on the project continues despite threats of economic sanctions, with some reports claiming it explores "non-EU" options (such as Turkey) to deliver gas through it.
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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"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022