The US Condemns Houthis for Abducting Bulgarian Sailors
Barbara Leaf, the US Assistant Secretary of State for Middle East Affairs, criticized the Yemeni Houthis for their inhumane actions in capturing merchant ships, including the "Galaxy Leader"
The Commission for Protection of Competition (KZK) carried on Tuesday out a sudden inspection of the Bulgarian Petroleum and Gas Association based in Sofia.
The association is a non-governmental organisation protecting the interests of producers, distributors and retailers of oil and gas products.
The inspection, which was conducted jointly with the police, is part of KZK's investigation into a suspected cartel agreement between fuel retailers in Bulgaria.
During the inspection, KZK has the right to seize all written and other material evidence as well as means for dissemination of information.
The investigation was launched in February after KZK had conducted its latest analysis of the fuel market, giving it grounds to probe into a suspected cartel agreement between fuel retailers.
Seven fuel retailers - Lukoil Bulgaria, Shell Bulgaria, Rompetrol Bulgaria, Eco Bulgaria, OMV Bulgaria, Petrol and NIS Petrol as well as the Lukoil Neftochim oil refinery in Burgas are being investigated for abuse of dominant market position.
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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"
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
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022