Ukraine Marks Anniversary of Russia’s Sham Crimea Referendum
On March 16, 2026, Ukraine marked twelve years since Russia staged a sham referendum in Crimea, a move widely condemned as illegal by the international community.
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A European Energy Forum is taking place in Sofia, within the framework of the Bulgarian Euro-Presidency. The forum was opened by Minister of Energy Temenuzhka Petkova. The Vice-President of the European Commission Maroš Šefčovič, also arrived in our country to participate in it.
Quite unexpectedly, the issue of the sale of CEZ's assets in Bulgaria became part of the first Energy Forum within the Bulgarian Euro-Presidency, which is taking place in Sofia. EU Energy Commissioner Maroš Šefčovič commented that at this stage no clear assessment can be made as to how much the EC can decide on a possible transaction between the state and CEZ-group whether there is any unlawful state aid. He explained that all possible parameters of the purchase of CEZ by the state and what participation should be clear first. Only after that the regulatory committees in Brussels will give their opinion.
On the energy forum, EU Commissioner Šefchovic said he had discussed with Prime Minister Boyko Borissov the big regional energy projects. One of the main subject was building a gas hub, which is supported by Europe.
Temenuzhka Petkova said the public procurement contract for the designer's appointment had ended. Interconnectors with Greece and Romania, the future gas connection with Turkey and the one with Serbia, for which EU funds have been allocated, have been discussed. They talked also about gas supplies from Russia.
Fuel prices at wholesale bases, which supply both gas stations and agricultural producers, continue to rise steadily, prompting increased activity at fuel outlets across Bulgaria
OMV Petrom has announced that it will join the consortium exploring the offshore Khan Tervel gas block in the Bulgarian sector of the Black Sea, marking a significant expansion of its footprint in a region of growing strategic importance for Europe’s ener
Fuel prices in Bulgaria have continued to rise sharply over the past week, according to data from the Fuelo platform, as reported by BTA.
In Bulgaria, energy experts are calling for greater transparency in fuel pricing, focusing on the role of Lukoil Neftochim, which dominates the country’s oil market
Bulgargaz has submitted a proposal to raise the price of natural gas by 5.12% for April. Should the Energy and Water Regulatory Commission (EWRC) approve the request, the commodity would be sold at EUR 34.27 per megawatt-hour, excluding additional costs f
The Fiscal Council has assessed that a 25% surge in global oil prices would constitute a moderate external shock for Bulgaria, primarily impacting the economy through higher energy import costs, rising inflation, and a potential slowdown in external deman
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