New Russian Missile Attacks in Ukraine
Ukraine finds itself once again under fire from Russian missiles, marking a new wave of violence in the region
Russian Prime Minister Vladimir Putin has proposed the merging of Gazprom and Ukraine’s state gas monopoly Naftogaz.
“We talked about integration in nuclear energy, and we can do the same thing with gas. I propose unifying Gazprom and Naftogaz,” Putin stated Friday after meeting with his Ukrainian counterpart, Mykola Azarov, in Sochi, southern Russia, as cited by Bloomberg.
According to the Gazprom CEO, Alexei Miller, the idea to merge the two companies has been met “with an enthusiastic positive response” by government officials of both Russia and Ukraine.
The governments of the two countries will meet in May in order to discuss the potential merger of Gazprom and Naftogaz, Miller said.
Earlier this week Russian PM Putin suggested forming a nuclear energy holding company between Russia and Ukraine. As a follow-up on Friday, the head of the Russian state-owned company Rosatom, Sergei Kiriyenko, stated that one of Rosatom’s subsidiaries, Atomenergomash, and Ukraine’s Turboatom could set up a joint venture on parity principle.
Last week Russia and Ukraine sealed a deal extending the Russian Black Sea Navy lease of the Sevastopol naval base in exchange for a 30% discount for Ukraine on Russian natural gas supplies.
The ratification of the agreement earlier this week led to violent protests in Kiev and a fight in Parliament as the opposition led by former PM Yuliya Tymoshenko opposed the moves taken by new President Viktor Yanukovich.
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Eurostat's latest findings have shed light on the shifting landscape of household energy prices in the European Union, with Bulgaria emerging as a frontrunner in affordability.
The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022