Bulgaria

Bulgaria has added its name to the growing list of countries that have banned hydraulic fracturing. The ban, however, is temporary and we think operators, including Chevron, will remain... 2012-01-18

Canada's LNG Energy announced on January 9 2012 that a Bulgarian shale well drilled by its partner TransAtlantic Petroleum recorded numerous gas shows comprising methane, ethane and... 2012-01-10

Bulgaria's only oil refinery, owned by independent Russian oil company Lukoil, has announced that it is shutting down production after it was stripped of two key operational licences... 2011-07-28

BMI News: The award of a EUR300mn shale gas exploration contract to Chevron illustrates Bulgaria's eagerness to proceed with exploration in the hope of reducing its import reliance... 2011-05-31

The increasingly troubled Nabucco pipeline suffered another setback on April 19, when an official of Turkish state-owned Botaş said that the company intends to take more gas... 2011-04-21

Private Russian oil company Lukoil has restarted a major investment programme at its Burgas refinery in Bulgaria, which was put on hold during the global economic downturn.

Bulgaria and Qatar have signed a confidentiality agreement that opens the way to discussions on liquefied natural gas (LNG) imports.

BMI View: Sofia's move to sign a formal deal on South Stream reflects the government's pragmatic energy policy, nudged by Russian concessions. Solid progress on South Stream will... 2010-11-16

Bulgaria's first Black Sea deepwater block offering has disappointed in spite of high expectations that growing industry interest in the Black Sea would attract wide interest.

Bulgaria's state-owned Bulgartransgaz has said that it will launch a feasibility study into importing gas from Azerbaijan as compressed natural gas (CNG).