Bulgaria
Lukoil Dismisses Reports of Burgas Refinery Sale to Qatari-British Consortium
The statement, issued on November 7, refutes claims published by the Financial Times that the Russian energy company was preparing to sell its stake in the Burgas-based refinery, a strategic asset and the largest of its kind in the Balkans
Bulgaria
Bulgarian Oil Expert Anticipates Stable Fuel Prices Amid Middle East Tensions
During the event, Benchev acknowledged the uncertainty surrounding the current situation, particularly regarding key oil producers like Iran, but remained hopeful that prices would not spike significantly
Bulgaria
Electricity Prices in Bulgaria Remain Highest in Region as August Sees Record Highs
On August 26, the "Day Ahead" market prices surged to 322 leva per megawatt-hour (MWh), while the average price for the month stands at approximately 240 leva/MWh. This marks a significant increase from the 267 leva/MWh average recorded in July
Bulgaria
Bulgarian Council of Ministers Greenlights Major Investment Projects in Renewable Energy and Defense
The ambitious project represents a substantial financial commitment of 240 million leva, earmarked for both tangible and intangible assets. This investment is poised to generate considerable economic benefits, including the creation of 812 new jobs
Bulgaria
Bulgaria Sees 4.5% Hike in Natural Gas Prices for August Amid Pipeline Repairs
This new rate, exclusive of additional costs such as access, transmission, excise duty, and value-added tax (VAT), applies to sales conducted by "Bulgargaz" EAD to final suppliers and entities licensed for the production and transmission of thermal energy
Energy
Bulgarian Fuel Prices to Stay Steady Amidst Market Fluctuations, Expert Predicts
Fuel prices in Bulgaria are currently averaging between BGN 2.50 and BGN 2.60 per liter across various chains. Although these rates are slightly higher compared to the same period last year, they remain below the peak prices experienced toward the end of July 2023
Bulgaria
Bulgargaz to Sue Gazprom for BGN 400 Million Over 2022 Gas Supply Termination
This legal action follows the abrupt termination of gas supplies to Bulgaria by the Russian company in April 2022, which significantly disrupted the country's energy sector
Bulgaria
Commencing in June, this route promises to connect the bustling capital of Bulgaria to the cultural gem of the Greek island of Crete, offering travelers a seamless journey into the heart of Mediterranean allure.
Latest news
BETL Accused of Pyramid Scheme: Thousands of Bulgarian Investors at Risk
BETL reportedly lured approximately 30,000 Bulgarian investors, amassing an estimated $80 million in investments. The company claimed to offer high daily returns on investments in a purported battery rental scheme, payable in cryptocurrency
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Bulgarian Rhythmic Gymnast Boryana Kaleyn Announces Retirement After Olympic Success
The 23-year-old shared the news through a heartfelt post on social media, expressing gratitude for the unwavering support she received throughout her career and reflecting on the pride of representing Bulgaria on the global stage
Bulgaria Considers Halting Russian Gas Transit Over Payment Compliance Issues
Speaking at the "Powers Summit" in Sofia, Malinov stressed that Bulgartransgaz, Bulgaria's state-owned gas operator, cannot continue operations without receiving December payments
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Bulgarian State Railways Reintroduces Festive Steam Train Rides for the Holiday Season
This nostalgic train will make its return to service on December 14 and 15, delivering a magical journey through the scenic Bulgarian countryside, complete with holiday decorations and festive cheer
Dominica: New projects unveiled at the 2024/2025 budget session
Finance Minister Irving McIntyre revealed a big budget for several projects to be undertaken the coming fiscal year.
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Bulgaria Bolsters Military Might: A Strategic Shift Towards NATO Standards
Currently, on an official visit to the United States, Minister Tagarev emphasized Bulgaria's commitment to achieving NATO standards, signalling a pivotal shift in the nation's defence capabilities