Bulgaria is looking to revive a trans-Balkan oil pipeline project to secure non-Russian crude oil supplies for its only oil refinery on the Black Sea, controlled by Russia's Lukoil , President ...

Prime Minister Rosen Zhelyazkov has reaffirmed that the “Balkan Stream” pipeline remains a functional and commercially viable energy project, despite the latest push by the European Commission ...

Bulgaria's energy regulator said on Saturday it has approved a 30.4% increase of the wholesale natural gas price for this month, following a request by Bulgargaz, the Balkan country's main gas ...

By the end of June, Bulgaria is slated to become a pioneer in Europe, becoming one of the first countries to cut its energy dependency from Russia. The IGB Project is a gas pipeline that will run ...

Bulgaria's state gas company, Bulgargaz, is launching three tenders for liquefied natural gas (LNG) on Tuesday to avoid winter shortages and ensure long-term energy security, said Chief Executive ...

Leaders of Bulgaria and Greece have discussed bilateral cooperation in the energy sector, with an emphasis on reducing their reliance on Russian gas through the speedy completion of a gas ...

Bulgaria, currently the third-largest buyer of Russian oil in the world, is heading for another round of general elections on April 2. The Bulgarian National Assembly will dissolve on February 5 ...

Russia's energy giant LUKoil appears to have a thriving business in Bulgaria, generating millions of dollars in refining revenue. But the company has paid little if any tax over the years using an ...