Europe Must Be Ready for War With Russia, Says Romania’s President in Rare Warning
Romanian President Nicușor Dan said Europe must send an unmistakable signal to Moscow that it is prepared to defend itself, even as it seeks to avoid war
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The National Assembly banned the export of crude oil and oil products subject to derogation, transported by sea, originating in Russia or exported from Russia.
Before that, the National Assembly decided to create the figure of a "special commercial manager" to act on behalf of the government in objects of critical infrastructure related to national security in the energy sector.
The change in the law provoked scandals in the plenary hall. Vazrazhdane defined the bill as an attempt to nationalize Lukoil. GERB, "Democratic Bulgaria" and "We Continue the Change" explained that in this way, if a private company refuses to work, the state has the opportunity to intervene and guarantee energy supplies.
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A new contract tied to the future construction of Kozloduy NPP’s seventh and eighth units was signed at the Council of Ministers between Kozloduy NPP–New Power Plants and the LEP-BWXT-CNPSA consortium
The Energy and Water Regulatory Commission has set the price of natural gas for December at 63.01 BGN per MWh, equivalent to 32.22 EUR per MWh
The Municipality of Gotse Delchev has approved one of the largest infrastructure projects in the region, granting unanimous consent to a cooperation agreement with the Swiss company
Turkey’s state-run energy company Botas reported a record loss of USD 1 billion (around 1.85 billion BGN) in 2024
Dimitar Georgiev, a Bulgarian financier and international markets analyst, stated that he does not anticipate any further increase in fuel prices in the country
Vladislav Panev, from the “Acceleration” Club and a former MP with the “Green Movement,” described the appointment of Rumen Spetsov as a special manager of Lukoil Bulgaria as surprising
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