Romania Edges Closer to Visa-Free Travel to the US
Romania is making strides toward joining the Visa Waiver Program, a significant milestone that would enable its citizens to travel to the United States visa-free for up to 90 days
Romania's negotiations with Chevron on the exploration and production of shale gas will be an area of interest for the country's future government, Designated Prime Minister Victor Ponta has declared.
In an interview for Realitatea TV, Ponta has explained that he wants Romanian companies to be competitive when facing companies from Poland, a country which has already started exploitation of shale gas to lower energy costs.
The Romanian PM has further noted that Russian energy giant Gazprom would be disadvantaged should Romania start using shale gas to reduce its reliance on Russian gas.
Chevron wants to start drilling for shale gas exploration near the town of Barlad. However, Romanian environmental campaigners organized protests before the elections on December 9, demanding a nationwide ban on hydraulic fracturing.
On January 18 the Parliament of Romania's southern neighbor, Bulgaria, pssed a moratorium on the hydraulic fracturing technology used in shale gas research and extraction.
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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"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
Natural gas prices in Europe experienced a significant spike, surpassing 2% to reach 29 euros per megawatt-hour (MWh) on Monday
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022