Ukraine’s National Anti-Corruption Bureau and Special Anti-Corruption Prosecutor’s Office detained 10 former officials suspected of embezzlement of three billion hryvnia (1 euro = 28.16 hryvnia) through fraudulent gas sales. On […]
Bulgaria’s state electric utility NEK lost an arbitration lawsuit against Russia’s Atomstroyexport, the company picked to build two 1000MW ...
Russian privately-held oil major Lukoil is considering the sale of refining assets in Europe, including in Bulgaria, Russian business daily RBK report ...
Energy dependency is the biggest weakness of South Eastern Europe and building a modern energy infrastructure and interconnection of the national gas ...
Bulgaria has completed the upgrade of a gas compressor station at Petrich, near the border with Greece, which completes the first stage of upgrades to the country’s gas grid and […]
Bulgaria has withdrawn a lawsuit filed last year to liquidate the project company for the Bourgas-Alexandroupolis oil pipeline, according to a report in Bulgarian media on June 6. The claim, […]
Bulgarian Prime Minister Boiko Borissov met with Romanian counterpart Dacian Ciolos on June 1 to discuss a number of subjects, ranging from the gas inter-connector pipeline between the two countries […]
Bulgaria’s Cabinet is highly focused on building gas inter-connector pipelines with neighbouring countries, with a special emphasis on the link to Greece, which is part of Sofia’s strategy to diversify […]
Bulgaria’s Commission for Protection of Competition (CPC) said on May 13 that it has charged state-owned electric utility NEK with abusing its dominant position on the electricity production and wholesale markets. […]
Representatives of mining and energy companies as well as banks and financial institutions signed a deal on April 26 2016 founding the Polish Mining Group (PGG) in an effort to […]