Energetics
News about production, supply, and pricing of electricity, gas, fuels, and renewable energy sources.
The Russian Nuclear Power Plant in Turkey: Crisis and Sunset of Geopolitical Ambitions
The large-scale Russian nuclear project "Akkuyu" is falling into a deep crisis, with staff being drastically reduced, and Moscow is seeking a buyer due to the war in Ukraine and economic restrictions.
Russian Oil Export Enters Critical Contraction Phase
The International Energy Agency warns of a drastic reduction in Russian oil supplies, which calls into question the country's production capacity, despite the relatively stable operation of oil refineries.
The radar system for fighting hail needs urgent modernization
Deputy Minister Ivan Kapitanov presented the critical condition of meteorological radars, which are morally outdated and need a comprehensive upgrade to ensure effective hail protection.
Ministry of Energy Launches Full Investigation of Gas Contract
Minister Zhecho Stankov ordered comprehensive administrative assistance to investigate the agreement between Bulgarian and Turkish energy companies, which may reveal significant corruption practices.
Ministry of Energy Orders Full Disclosure of Investigation Documents
Minister Zhecho Stankov initiated full administrative assistance in connection with an ongoing investigation by the Anti-Corruption Commission related to an agreement between Bulgarian and Turkish energy companies.
Bulgarian Gas Corridor with Key Importance for Regional Energy Security
The Ministry of Energy announced progress on a strategic infrastructure project that will increase gas supply capacity between Bulgaria and neighboring countries, ensuring the energy independence of the region.
Bulgarian-Korean Cooperation in the Nuclear Sector Gains Momentum
The Ministry of Energy is making significant progress in strategic partnership with the Republic of Korea, with a focus on expanding the Kozloduy Nuclear Power Plant by constructing new energy blocks with international financing.
Bulgaria and Oman Strengthen Strategic Partnership in Energy
The Ministry of Energy signed a memorandum with Oman, which opens new opportunities for cooperation in the gas sector, renewable energy sources, and international connectivity.
Regional Energy Partnerships - The Key to Security and Sustainability
Deputy Minister Iva Petrova reveals Bulgaria's strategic vision for diversification of energy supplies through international cooperation and innovative infrastructure projects during an annual government conference in Athens.
Regional Energy Partnerships: Strategic Focus of Bulgaria
Deputy Minister Iva Petrova presents key aspects of national energy policy, emphasizing the importance of international cooperation and diversification of energy supplies in the context of regional security.
Bulgaria and Japan: Strategic Partnership in the Energy Sector
Minister Zhecho Stankov outlined the prospects for deepening bilateral cooperation between Bulgaria and Japan in the energy sector during a specialized business forum in Sofia.
The energy sector in Bulgaria: Sustainable development through strategic resources and international cooperation
The Ministry of Energy of Bulgaria places emphasis on the sustainable development of the energy sector, with the key factor being the exploration and extraction of strategic resources. The country has a modern regulatory framework and a rich geological fund, which attracts investors in the mining industry. The government aims to accelerate administrative procedures and strengthen international cooperation to turn Bulgaria into an active participant in the supply chains of rare earth elements.
The Energy Minister Stankov discussed key priorities for the decarbonization of the sector with the Vice-President of the EC Ribera.
The Minister of Energy Zhecho Stankov held a fruitful meeting with the Executive Vice-President of the European Commission Teresa Ribera. They discussed the update of the Integrated National Energy and Climate Plan, as well as key priorities for the development of the energy sector in Bulgaria and the region, including the future of coal regions, the construction of new nuclear and pumped storage power plants, and preparations for decarbonization.
Energy Minister Stankov: Bulgaria is accelerating the construction of the Vertical Gas Corridor and green energy connections in the region
The Minister of Energy Zhecho Stankov announced that Bulgaria will be the first country to start the construction of the Vertical Gas Corridor, a project that will increase the gas transit capacity through the Kulata-Sidirokastro entry point by 50%. Our country is recognized as a key partner in the energy sector and will play an important role in the development of green energy corridors that will transport cheap, clean energy from the Caspian region to Europe.
The Minister of Energy Zhecho Stankov participated in the opening of an innovative carbon capture project in Norway.
The Minister of Energy Zhecho Stankov participated in the official opening ceremony of the Longship project in Norway - the world's first carbon capture facility in the cement industry. The event marks the start of the transportation of captured CO₂ for the decarbonization of the European industry.