A new workshop for Southern Gas Corridor
The third meeting of the Consultative Council on the project South Gas Corridor started in Baku, according to novinite.bg. Representatives of the European Commission, Georgia, Turkey, Albania,…
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Mihai Tudose, minister of Economy: Romania to become an energy hub in the Balkans
The authorities want to transform Romania into an energy hub in the Balkans, with the help of Transgaz and Transelectrica,…
OPEC output deal made ”remarkable impact” on oil prices
Qatar’s oil minister on Wednesday hailed the success of OPEC’s agreement to cut oil output, saying it had spurred a…
Biomass – the energy promise for environmental issues
The capitalization of biomass as an energy resource seems to be suspended between several decision-making levels (European, national, municipal) and…
Bulgarian state companies to invest 50% of their profits; Romanian to pay dividends
The Bulgarian government has decided that state companies have to invest 50% of their profits for 2016 on behalf of…
Increased interest for state companies, as state forces payment of 90% of profits as dividends
In the last weeks, the quotations for utilities were animated by the decision that obliges the state companies to distribute…
OMV, the largest distribution center in the western Romania, in Arad
Mayor of Arad, Gheorghe Falcă, announced an investment of 17 million euros made by OMV Petrom, which will build a…
Alexey Miller and Rainer Seele seal the deal for Nord Stream 2 pipeline
Alexey Miller, the CEO of the Russian energy giant Gazprom met Rainer Seele, the head of Austria’s OMV energy company,…
Bulgarian energy exchange to start intraday trading in January 2018
The intraday segment of the Independent Bulgarian Energy Exchange (IBEX) is expected to be operational in January 2018, Nikola Gabrovski,…
Bulgartransgaz: yearly capacity allocation procedure will take place on March 6
Bulgartransgaz highlighted that it is offering of bundled year capacity at IP Kulata/Sidirokastro in reverse flow direction, transfer point between…