Shell wins bid to explore for oil, gas in Bulgaria’s Black Sea
A subsidiary of Shell plc has been chosen as the top bidder for the exploration of oil and natural gas in the western Black Sea
Bulgaria preparing to halt Russian gas transit, citing US sanctions
Bulgaria warned it would halt the transit of Russian gas to Serbia and beyond if Gazprom doesn't find another way to pay for it
Romania risks power outages as import capacity is nearing its limits
Imports account for over 35% of power consumption in Romania during daily peaks, but Minister of Energy Sebastian Burduja isn't pessimistic