Displaying 31 - 40 of 132 articles
Bulgarian and Romanian Greens have demanded that the Romanian government of Victor Ponta follow the lead its neighbours and oppose shale gas development. In a joint press conference, the leaders of these parties, Antonio Momoc from the Green Party in Romania and Borislav Sandoval, co-chairman of the...
In February 2011, the European Council decided that each EU member state should have at least two sources of gas and electricity by 2014 to avoid repeating the scenario some member nations encountered following the Russian-Ukrainian gas crisis. The dispute left Bulgaria without gas for three weeks in...
.“Studies on gas and oil fields in South Bulgaria kick off for the first time,” Bulgarian Minister of Economy, Energy and Tourism Delyan Dobrev announced for bTV. “Bloc 1-18 Trakiya is the first to be explored. It covers the municipalities of Svilengrad, Madzharovo, Harmanli and Lyubimets.
Total SA and Bulgaria have signed a formal agreement for the exploration and development of the Khan Asparuh block located in the Black Sea. The five year contract will see Total (as to 40 percent) and consortium partners OMV AG and Repsol SA (each as to 30 percent) explore for gas and oil deposits...
Russia and Bulgaria have inked an agreement on the implementation of the South Stream project. The agreement between Gazprom and Bulgarian Energy Holding EAD specifies where the future gas pipeline will be connected to Bulgaria’s gas transportation system. “The sides discussed current cooperation...
Bulgaria has officially launched the construction of an interconnector, planned to connect the country to Romanian gas supply as well as other supplies in Central Europe. The Bulgaria-Romania Interconnector, a 25 kilometre pipeline, will connect the gas systems of Bulgaria and Romania. The length of...
Will America’s shale gas revolution ever spread to Europe? According to Chevron, it already has. The company has been quietly buying up huge swaths of land across eastern Europe, an area it believes could be the next great frontier for shale gas exploration. “It’s like Goldilocks,”...
Park Place Energy has retained its Vranino 1-11 licence in Bulgaria after the country's Supreme Administrative Court ruled in its favour and upheld the awarding of the licence. The company says a rival bidder for the licence appealed the award to Park Place following a bidding process which saw the...
Bulgaria has awarded to Total SA, a permit for the exploration and development of the Khan Asparuh block located in the Black Sea. Economy and Energy Minister Delyan Dobrev announced the award for the block, which according to preliminary assessments may contain 500 billion cubic meters of natural gas.
Greek President Karolos Papoulias has told Bulgarian President Rosen Plevneliev that a gas interconnection between the two countries is of the utmost importance to Greece. Speaking to the Bulgarian President on his official visit to Greece, President Papoulias said that energy cooperation...
