Russian natural gas giant Gazprom announced it has pocketed a net profit of RUB 940.8 B for the first 9 months of last year.
Bulgaria has registered a new record of electricity consumption over the freezing cold that has gripped the country, the Electric Energy System Operator, EESO, reported Wednesday.
Bulgaria's Cabinet is considering privatizing a minority share of the state-owned Bulgarian Energy Holding, a deputy economy minister has confirmed.
The Lukoil Neftochim Refinery in Bulgaria's Burgas, a subsidiary of the Russian energy giant, has kicked off a USD 1.5 B investment in a large hydrocracking catalyst installation that will process petroleum waste.
The entity that triggered the recent mass protests against shale gas exploration and extraction in Bulgaria is eager to spread anti-shale gas awareness to the neighbor country of Romania, it has been made clear.
In the aftermath of wide-spread rumors that prices of electric power will go up anywhere between 10% and 20%, Bulgaria's energy and waters watchdog announced that the increase will be more moderate.
The Lukoil Neftochim vs Customs Agency lawsuit was terminated Tuesday as the Administrative Court Sofia City approved an agreement reached between the parties.
Prof. Atanas Tasev, energy expert, has criticized the governing body of Bulgaria's biggest coal-mining company, the Maritsa Iztok Mines, for making a highly injudicious wage commitment.
The Commission on Protection of Competition (CPC) has cleared the acquisition of seven filling stations by NIS Petrol EOOD, a company owned by Russian energy giant Gazprom.
Bulgaria's Economy and Energy Minister, Traicho Traikov, believes that powerful financial interests were behind the mass protests in the country against the exploration of shale gas.
Talks between the management of Bulgaria's biggest State-owned coal-mining company, the Maritsa Iztok Mines, and the syndicates resume Saturday, while the strike is in its seventh day.
Creating a consortium with Russia and the European Union is the only way to solve the "gas dispute" between Moscow and Kiev, according to Ukrainian Prime Minister Mykola Azarov.
Socialist MP Anton Kutev has accused the government of upholding the interests of big business.
Commenting on the strike at the state-owned coal mining company, Bulgarian Energy Minister Traicho Traikov announced that Bulgaria would stop exporting electricity at 01 a.
The governing body of Bulgaria's biggest State-owned coal-mining company, the Maritsa Iztok Mines, has withdrawn Friday morning its claim with the Court to declare the workers' strike illegal.
Тhe talks between the governing body of Bulgaria' s biggest State-owned coal-mining company, the Maritsa Iztok Mines, and the syndicates are resuming Friday, while the strike there is entering its sixth day.
The ban on the exploration and production of shale gas in Bulgaria has in no way affected the resolution of the Polish government to pursue the approach in Poland.
The full implementation of the Nabucco gas pipeline becomes less probable every year, according to the the Special Envoy on Eurasian Energy Issues of the US State Department Richard Morningstar.
Ilian Vassilev, energy expert and former Ambassador of Bulgaria to Russia, has criticized the government for the newly imposed all-out ban on hydraulic fracturing, saying that it betrayed weakness.
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