ENERGY

The price of Brent crude oil opened above $70 per barrel at trading start on Monday, sustaining its five-month highs as global oil supply tightens with OPEC+...

The production of the “Epsilon” deposit in the Gulf of Kavala, the third oil deposit in the history of the country after Prinos (1981) and North Prinos...

Bulgaria’s state gas network operator Bulgartransgaz on Wednesday chose a Saudi-led consortium to build a new pipeline through the country intended to hook...

Mytilineos SA on Thursday announced the signing of a 118-million-euro contract with Javno Podjetje Energetika Ljubljana, Ljubljana’s energy company, engaged...

Offers for the design and construction of the interconnector gas pipeline between Greece and Bulgaria (IGB) were submitted by the consortium of two Bulgarian...

Saudi Aramco’s net profits reached $111 billion last year, according to an assessment published Monday by Moody’s Investors Services that offered a rare...

Global natural gas consumption increased by 170 billion cubic meters, or 4.6 percent, to 3.9 trillion cubic meters in 2018 compared to the previous year, according...

Royal Dutch Shell told reporters in Sofia on Tuesday that it will launch an exploratory drilling operation next month in the Han Kubrat oil and gas field off...

Racing to secure energy production beyond 2027, Bosnia’s mainly Bosniak and Croat Federation entity has agreed to guarantee a loan of more than 600 million...

The first processing plant for solid municipal waste in Greece to also produce biogas went into operation on Wednesday at Eleftherochori in western Greece,...

Over the next ten days, contracts for the concession of the Ionian and Kyparissia Gulf regions for the exploration and exploitation of hydrocarbons will be...

Pakistan Prime Minister Imran Khan has hinted at finding ‘massive’ oil reserves in recent off-shore drilling off the coast of Karachi. “Pakistan will...