Bulgaria

The softening of the British and German governments' positions on hydraulic fracturing (fracking) seem to have also contributed to the thawing of opposition to the technique faced in... 2013-02-12

BMI View: Another gas discovery by Sterling Resources in the Black Sea confirms the latter's hydrocarbons potential. We expect drilling activity in the Black Sea to continue to pick... 2012-12-18

On December 7th 2012 Gazprom CEO Alekei Miller attended the groundbreaking, South Stream unveiling, ceremony in Anapa on Russia's Black sea cost. At the event Miller announced that... 2012-12-13

BMI View: Gazprom's South Stream Pipeline project is gaining ground, with Serbia and Hungary now on-board, and Bulgaria at the negotiation table. The project still faces geopolitical... 2012-11-08

BMI View: Bulgaria has awarded Total rights to prospect the offshore Khan Asparuh block in the Black Sea, over ExxonMobil and Melrose Resources. It will be the French major's first... 2012-07-16

BMI View: Interest in Bulgaria's offshore Khan Asparuh block is indicative of the growing appeal of the Black Sea as a frontier target for oil and gas exploration. Expected growth... 2012-06-22

A report commissioned by the Department for Energy and Climate Change (DECC) has recommended that hydraulic fracturing, or fraccing, operations should resume in the UK subject to careful... 2012-04-18

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

BMI View: Bulgaria has dissolved its 2007 agreement for the construction of the Burgas-Alexandroupolis pipeline, effectively abandoning the project, which will likely be officially... 2011-12-15