Russian Missile Strikes Target Ukraine's Energy System
Russia has intensified pressure on Ukraine's energy infrastructure with targeted missile strikes hitting facilities in central and western regions
Energy Ministers from across the European Union are meeting in Brussels on Monday to discuss a possible change in rules on gas supplies from third countries.
Under some of the draft changes, countries willing to seal a gas deliveries contract with a non-EU state would have to wait for a green light from the European Commission.
There are several unsettled issues in the draft, according to public broadcaster BNR's Brussels correspondent.
These include the scope of control that the Commission will be able to exert and whether restrictions will only apply to gas or should include other goods such as oil and electricity.
Draft legislation on the agenda, however, also reportedly falls short of putting forward the concept of joint purchases of imports by energy companies in the bloc, according to Bloomberg.
The EU is currently 53% dependent on energy imports and counts on Russia for 36% of its gas imports.
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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