European Parliament Passes Law to Restrict Cash Payments to €10,000
The European Parliament has voted to impose a €10,000 limit on cash payments within the European Union
The EU, Ukraine and Russia have failed to agree on gas issues on Friday's meeting in Warsaw, Poland.
Two more sessions of the three-way energy talks are planned for May, according to the EU Energy Commissioner Gunther Oettinger as quoted by RIA Novosti agency.
Moscow, Brussels and Kiev had previously agreed to hold a meeting in search of a solution to the gas dispute between Russia and Ukraine.
Gazprom, Russia's energy giant, insists it should be paid around USD 11.4 B for the gas delivered in 2013 and USD 2.2 B for supplies since January this year.
The Ukrainian state-owned company Naftogaz, however, was firm it would not accept the bill, as it could not pay for quantities of gas it had not yet bought.
Naftogaz claims it paid for 13 B cubic meters last year, while Gazprom insists it is still to transfer the entire sum for a 41.6 bcm of gas the two companies had agreed on.
This week Kiev struck a deal with Bratislava on reverse supplies from Slovakia, while Germany's energy concern RWE began deliveries via Poland in mid-April.
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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