Supermarket Protest in Romania Triggers Counter-Movement
A consumer boycott targeting large retail chains is gaining traction in Romania, mirroring similar price-related protests in other Balkan countries
US energy giant Chevron has obtained a new permit by Romania which allows it to look for shale gas in a fifth potential deposit.
Chevron could now start drilling in Urdes, a village that lies in the eastern district of Vaslui, Dnevnik.bg has reported, citing reports by Romania's Mediafax.
Hydraulic fracturing, or fracking, is deemed highly controversial in the country, as activists say it poses risks to the environment.
Hundreds demonstrated earlier this month against Chevron's plans to start drilling for gas in Vaslui. Larger protests were held across the country last summer.
For the ninth consecutive year (excluding 2022), the electrical industry remains the largest contributor to Bulgaria's exports, as reported by the Bulgarian Association of Electrical Engineering and Electronics (BASEL)
European natural gas prices have climbed above €55 per megawatt-hour for the first time in 16 months, driven by colder temperatures across the continent that are increasing demand for heating fuel
Serbian oil and gas company NIS, controlled by Russia’s Gazprom, is considering exiting its operations in Bulgaria and Romania due to ongoing difficulties in both markets
The Russian company Lukoil initiated the process of selling its Bulgarian assets in June last year, Prime Minister Rosen Zhelyazkov announced during a parliamentary hearing
In 2023, 10.6% of the population in the European Union reported being unable to keep their homes adequately warm
The Bulgarian government has announced a program to compensate businesses and non-household electricity subscribers for high energy costs until the end of March
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