On Monday the consumption of electricity in Bulgaria has exceeded 7,700 megawatts in the peak hours and hit a twenty-year high. Bulgaria requested some assistance from neighboring Romania due to the high electricity consumption, but that country refused to redirect some of its electricity output due to the extremely low temperatures and high consumption there. Due to power shortage, the reserve facilities of the country’s energy system were activated (nearly 600 megawatts) at the order of Bulgaria’s outgoing Minister of Energy Temenuzhka Petkova. The Electricity System Operator has assured that Bulgaria will be able to supply the necessary volumes of electricity.
Bulgaria wants to continue investing in nuclear energy after more than 50 years of experience in the sector, Energy Minister Zhecho Stankov said on Wednesday. About 70% of Bulgarians support the move, Stankov told a Bulgarian-Korean energy..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL International GmbH . Lukoil's subsidiary owns all of the group's assets abroad. Lukoil has..
MPs elected GERB's Kostadin Angelov as deputy speaker of parliament. 132 MPs voted "for", 53 voted "against" and 11 abstained. Angelov replaces GERB's Raya Nazaryan, who was elected speaker of parliament after previous parliamentary speaker Natalia..
The Russian oil company Lukoil has announced that it has accepted an offer from the Swiss Gunvor Group to acquire the international assets of LUKOIL..
The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker..
The National Assembly has rejected President Rumen Radev's veto on changes to the State Intelligence Agency Act (SIA) and the State Agency Technical..
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