The oil and gas industry is hit hard the current crisis, and very low oil prices may jeopardize the functioning of this sector, said Virgil Popescu,…
Browsing: Gas
A drop in natural gas prices by over 40 % from 1 April will not affect electricity bills. Bulgarian Commission for Energy and Water Regulation (KEVR)…
The Republic of Srpska (RS) holds the 42.3 % stake in the company through the Investment-Development Bank. The Bank has already hired an advisor to help…
Trans-Adriatic (TAP) pipeline sections in Albania and then in Italy will get the gas in coming weeks and months, the chairman of TAP Board of Directors…
In the first quarter of 2020, Russia has delivered over 1.32 billion cubic meters of natural gas to Europe via TurkStream pipeline. Bulgaria has started receiving…
Gas interconnection between Bulgaria and Greece, so-called IGB pipeline, are progressing according to schedule, unaffected by the coronavirus outbreak. ICGB, is a joint venture company of…
Natural gas storage inventories in Europe are at record-high levels at the end of winter according to the US Energy Information Administration (EIA). European natural gas…
Wholesale natural gas price for April is reduced by 42.78 %. This decision was approved by Bulgarian Commission for Energy and Water Regulation (KEVR). It follows…
The largest refinery in Romania, Petromidia Navodari, operated by KMG International (KMGI), will keep investing in development and capital repairs. The company will process 5.5 million…
Gas-fired power plants operated by independent producers are now working non-stop, not just during peak hours, as had previously been the case. Offers by these units…


