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The Australian oil and gas company Woodside entered into a farm-in agreement in July 2018 with Shell International Exploration and Development Italia to acquire a 30% non-operated participating

Photo: ACER

A total volume of 547,203 MWh was traded on the Bulgarian day-ahead market in July 2018, up 20.4% compared to June 2018, and up 59.86% compared to July 2017, according to the Bulgarian power exchange

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Bulgaria's state-owned gas supplier, Bulgargaz, intends to propose to the country's energy regulator, EWRC, a 14.34% increase in the price of natural gas for the fourth quarter of 2018, the company

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ICGB, the company in charge of the Bulgaria-Greece gas interconnector (IGB) project, has resumed the procedure for selection of an owner engineer for the Bulgaria-Greece gas interconnector (IGB)

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Turkey plans to build a third nuclear power plant (NPP) near Bulgaria and will open tenders worth USD 4.8 billion (EUR 4.188 million) for the investment in solar power plants totalling 3,000 MW,

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The Bulgarian gas TSO, Bulgartransgaz, has finished phase two of the open season procedure in the project for the development and expansion of the gas transmission infrastructure to all neighbouring

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S&P Global Ratings raised its long-term issuer credit rating on Bulgarian National Electricity Company (NEK) to 'B+' from ‘B' on Thursday. The outlook is stable, reflecting S&P’s view that,

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The Czech utility company ČEZ has filed an administrative claim against the Bulgarian Commission for the Protection of Competition (CPC), regarding CPC’s decision to ban the sale of ČEZ’s assets

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ICGB, the company in charge of the Bulgaria-Greece gas interconnector (IGB) project, has announced the resumption of the restricted public procurement award procedure for the design, procurement and

Photo: Roman Peklaj

Trans Adriatic Pipeline (TAP) has launched a consultation process on its draft TAP Network Code (TNC). The TNC sets out the principles and rules which will govern the access, use and operation of the

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In the EU the price for electricity (all taxes included) paid by households was the lowest in Bulgaria in 2017, amounting to 0.1 EUR/kWh, whilst the price for gas was the lowest in Romania, amounting

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The National Electricity Company (NEC), a subsidiary of Bulgarian Energy Holding (BEH), reported a net loss of BGN 74 million (EUR 37.83 million) in the first half of 2018, reported Bta.bg.