The interim government in Sofia on Wednesday gave Bulgarian Energy Minister Vladimir Malinov a free hand to sign an agreement next week in Baku to include Bulgarian Energy Holding (BEH) or its subsidiary in the Azeri project to build a submarine cable through Black Sea to Europe, to transfer energy from renewable sources. Bulgaria’s participation […]
OMV Petrom has made great progress in the development of the Neptun Deep project, and estimates that drilling will begin in 2025, being on schedule for the delivery of the first quantities of natural gas in 2027, the general director of the company said in an interview with AGERPRES. Christina Verchere. Regarding hydrogen production, she […]
Countries bordering the Black Sea are increasingly looking to develop offshore wind projects and are putting in place regulatory frameworks to enable this, according to an analysis by Windpower Monthly. The Black Sea does not host any offshore wind farms at the moment, and the World Bank has estimated its technical potential at 435 GW, […]
Black Sea Oil & Gas (BSOG), a romanian independent energy company, has completed an offshore wind feasibility study of potential areas in the Romanian sector of the Black Sea. BSOG and its Midia Gas Development (MGD) partners revealed, last year, plans to use their existing MGD infrastructure to connect up to 3 GW of offshore […]
Bulgaria is an important transit country for neighboring states that receive Azerbaijani gas through its territory, said the President of Azerbaijan, Ilham Aliyev. In his opinion, more and more countries will use this option. The head of state spoke at a joint press conference with the president of Bulgaria, Rumen Radev, who is making an […]