Latest news

Bulgaria has ‘carte blanche’ on using Russian gas tax cash

Bulgaria can decide how it will be using the revenues it makes from the €10/MWh tax on Russian gas imports transiting through Bulgarian territory, the European Commission confirmed on Monday.

read more... 31/10/2023

news

Emergency EU oil meeting focused on securing diesel supply

European Union officials discussed diversifying oil stocks and creating a buffer for diesel and gasoil during an emergency meeting of the bloc's oil coordination group, one told Reuters.

read more... 30/10/2023

news

Serbia-Bulgaria gas pipeline start-up pushed back

Gas flows through the Serbia-Bulgaria gas interconnector may only start by the end of this year, although construction works are nearly complete, Serbian mining and energy minister Dubravka Dedovic-Handanovic said on Friday.

read more... 30/10/2023

news

Europe's wind power goal hits new snag: security

As Europe turns to renewable sources to diversify energy supplies away from Russian oil and gas, a peaceful marine scene conceals a billion-dollar security headache.

read more... 27/10/2023

news

Egypt may stop LNG exports, tightening EU supply

Europe’s gas balance may tighten this winter due to turmoil in the Middle East as Egypt is expected to stop LNG exports amid lower supply from Israel and lower domestic production, experts said this week.

read more... 27/10/2023

news