Economy of Russia
The Energy Minister admits that "Gazprom" might Sue "Bulgargaz"
"Bulgargaz could be sued by Russian energy giant Gazprom in an arbitration case, risking paying hundreds of millions of dollars." This was stated by the Acting Energy Minister Rosen Hristov during the parliamentary control.
Russian warplane falls on building in Siberia; 2 pilots die
Russian warplane slammed into a residential building in the Siberian city of Irkutsk on Sunday, killing both crewmembers, authorities said. It was the second time in less than a week that a combat jet crashed in a residential area in Russia.
Russian state firm signs $9.1bn loan deal to fund nuclear plant in Turkey
Rosatom, which has been wiring money to Ankara to shore up Turkey’s depleted foreign currency reserves, signs deal with Gazprombank
Germany takes control of Rosneft’s operations
Berlin said on Sept. 16 it had taken control of the German operations of Russia firm Rosneft, which runs several refineries, to secure energy supplies which have been disrupted after Moscow invaded Ukraine.
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Western sanctions to blame for halt to Germany gas shipments: Kremlin
The Kremlin said on Monday the halt of gas deliveries to Germany via the Nord Stream pipeline was caused by Western sanctions that prevent the maintenance of its infrastructure.
Bulgaria’s President blamed the "Petkov" Cabinet for the New Gas Price and Defended Talks with Gazprom
President Rumen Radev described as shocking the price of natural gas for September after returning from an official visit to the UAE. Yesterday, the Commission for Energy and Water Regulation (EWRC) decided that it would rise the price by nearly 19% compared to August and make it BGN 353.21/Mwh.
Lukoil CEO dead after falling from a hospital window in Moscow
Ravil Maganov was a close associate of one of Lukoil’s founders, Vagit Alekperov
"Gazprom" with Record Profits
Russian state-backed energy company Gazprom is ready to pay the Kremlin 2.5 billion rubles after posting record profits.
The company reported a net profit of 2.5 billion rubles for the first six months of this year. Oil and gas prices rose during that period, pushed up by supply concerns following Russia's invasion of Ukraine.
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Bulgaria: "Toplofikatsia Sofia" Owes 399 Million Levs to "Bulgargaz"
"Toplofikatsia Sofia (Heating Systems Sofia) owes BGN 399 million to Bulgargaz," Denitsa Zlateva, executive director of Bulgargaz, announced on BNT.
She reminded that "Bulgargaz" cannot by law stop the supply of gas to heating companies and will seek new loans from the Ministry of Energy.
Russia unveils Economic Development Plan until 2030
The Russian Economic Development Ministry unveiled on Tuesday the scenarios for the development of the Russian economy until 2030.