EU inspects four firms in oil price-fixing probe

oil refinery on a sunset or sunrise background

The European Union has launched an antitrust investigation into possible price manipulations for oil and biofuel products. Authorities made unannounced inspections Tuesday at three oil companies — BP, Royal Dutch Shell and Statoil — as well as Platts, a company that collects oil price data. The European Commission said in a statement it is concerned that the companies may have …

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Czech Energo-Pro fined 1.69M leva for abuse of dominant position in Bulgaria

Electricity E1350372304165

Czech firm Energo-Pro, which owns the electricity distribution companies servicing northern and northeastern Bulgaria, has been fined 1.69 million leva …

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Further foreign energy companies pull out of Polish shale gas venture

Shale Gas Rig In Pennsylvania

Talisman Energy Inc. of Canada and US energy company Marathon Oil said they were of pulling out of exploration for …

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Nabucco pipeline secures Bulgarian environmental permit

Gas Pipeline

The consortium behind the planned Nabucco gas pipeline said on May 8 that it has received all the necessary environmental …

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Bulgaria’s Kozloduy nuclear plant begins maintenance on unit 5

Kozloduy Nuclear Plant E1338788271456

Bulgaria’s sole nuclear power plant, at Kozloduy on the Danube River, said on May 3 that it shut down the …

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Bulgarian renewable energy producers demand minister’s firing

Electricity Wind Farms Wind Mills Photo Clive Leviev Sawyer E1348046729392

Bulgarian Photovoltaic Association, the solar power industry lobby group, asked in an open letter to caretaker Prime Minister Marin Raykov …

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Bulgaria imposes temporary cuts to renewable energy generation

Electricity Wind Farms Wind Mills Photo Clive Leviev Sawyer E1348046729392

Bulgaria’s power grid operator ESO has asked the country’s three electricity distribution companies to limit the generation of electricity from …

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Bulgaria’s Customs Agency vs Lukoil – the remake

Lukoil Petrol Station

The efforts of Bulgaria’s Customs Agency to enforce excise tax laws on the local subsidiaries of Russian oil group Lukoil …

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Polish treasury minister dismissed over Gazprom memorandum

Mikolaj Budzanowski E1366537670100

PM Donald Tusk Friday dismissed Treasury Minister Mikolaj Budzanowski, after miscommunication over recent memorandum of understanding over the potential Yamal …

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Montenegro holds talks with Albania on regional energy projects

Bumci Amb I Malit Te Zi 565x423 E1366536818698

Montenegro and Albania have held talks on energy projects that have an impact on both countries, the region and Europe. …

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Bulgaria’s Economy Minister to sack Kozloduy nuclear plant director

Kozloduy Nuclear Plant E1338788271456

Bulgaria’s caretaker Economy and Energy Minister Assen Vassilev said that he planned to replace 23 officials on the boards of …

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