Energy In Bulgaria
Energy in Bulgaria is among the most important sectors of the national economy and encompasses energy and electricity production, consumption and transportation in Bulgaria. The national energy policy is implemented by the National Assembly and the Government of Bulgaria, conducted by the Ministry of Energy and regulated by the Energy and Water Regulatory Commission. The completely state-owned company Bulgarian Energy Holding owns subsidiaries operating in different energy sectors, including electricity: Kozloduy Nuclear Power Plant, Maritsa Iztok 2 Thermal Power Plant, NEK EAD and Elektroenergien sistemen operator (ESO); natural gas: Bulgargaz and Bulgartransgaz; coal mining: Maritsa Iztok Mines. In Bulgaria, energy prices for households are state-controlled, while commercial electricity prices are determined by the market. Total primary energy production was 10.832 million tonnes of oil equivalent in 2020, of which 23.3% was produced from renewable sources. Energy dep ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Fossil Fuel
A fossil fuel is a flammable carbon compound- or hydrocarbon-containing material formed naturally in the Earth's crust from the buried remains of prehistoric organisms (animals, plants or microplanktons), a process that occurs within geological formations. Reservoirs of such compound mixtures, such as coal, petroleum and natural gas, can be extracted and burnt as fuel for human consumption to provide energy for direct use (such as for cooking, heating or lighting), to power heat engines (such as steam or internal combustion engines) that can propel vehicles, or to generate electricity via steam turbine generators. Some fossil fuels are further refined into derivatives such as kerosene, gasoline and diesel, or converted into petrochemicals such as polyolefins ( plastics), aromatics and synthetic resins. The origin of fossil fuels is the anaerobic decomposition of buried dead organisms. The conversion from these organic materials to high-carbon fossil fuels is ty ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
2022 Russian Invasion Of Ukraine
On 24 February 2022, , starting the largest and deadliest war in Europe since World War II, in a major escalation of the Russo-Ukrainian War, conflict between the two countries which began in 2014. The fighting has caused hundreds of thousands of Casualties of the Russo-Ukrainian War, military casualties and tens of thousands of Ukrainian Attacks on civilians in the Russian invasion of Ukraine, civilian casualties. As of 2025, Russian troops Russian-occupied territories of Ukraine, occupy about 20% of Ukraine. From a population of 41 million, about 8 million Ukrainians had been internally displaced and more than 8.2 million Ukrainian refugee crisis, had fled the country by April 2023, creating Europe's List of largest refugee crises, largest refugee crisis since World War II. In late 2021, Russia Prelude to the Russian invasion of Ukraine, massed troops near Ukraine's borders and December 2021 Russian ultimatum to NATO, issued demands to the Western world, West i ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by Paul Reuter. The Thomson Corporation of Canada acquired the agency in a 2008 corporate merger, resulting in the formation of the Thomson Reuters Corporation. In December 2024, Reuters was ranked as the 27th most visited news site in the world, with over 105 million monthly readers. History 19th century Paul Julius Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions of 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aa ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Turk Stream
TurkStream ( or ''Türk Akımı'', ; former name: Turkish Stream) is a natural gas pipeline running from Russia to Turkey. It starts from Russkaya compressor station near Anapa in Russia's Krasnodar Region, crossing the Black Sea to the receiving terminal at Kıyıköy. Most gas flows onwards to the European Union via the Malkoçlar pipeline to Bulgaria. History The first direct gas pipeline between Russia and Turkey under the Black Sea was Blue Stream, which was commissioned in 2005. In 2009, Russia′s prime minister Vladimir Putin proposed the Blue Stream II line parallel to the original pipeline. The Blue Stream II project never took off and the South Stream project took the lead, until it was abandoned in 2014. The TurkStream (then named Turkish Stream) project was announced by Russia′s president Vladimir Putin on 1 December 2014 during his state visit to Turkey, when a memorandum of understanding was signed between Gazprom and BOTAŞ. A permit to conduct engineerin ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Price Of Oil
The price of oil, or the oil price, generally refers to the spot price of a barrel () of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil, Isthmus, and Western Canadian Select (WCS). Oil prices are determined by global supply and demand, rather than any country's domestic production level. Through the years The global price of crude oil was relatively consistent in the nineteenth century and early twentieth century. This changed in the 1970s, with a significant increase in the price of oil globally. There have been a number of structural drivers of global oil prices historically, including oil supply, demand, and storage shocks, and shocks to global economic growth affecting oil prices. Notable events driving significant price fluctuations include the 1973 OPEC oil embargo targeting nations that had supported I ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Azerbaijan
Azerbaijan, officially the Republic of Azerbaijan, is a Boundaries between the continents, transcontinental and landlocked country at the boundary of West Asia and Eastern Europe. It is a part of the South Caucasus region and is bounded by the Caspian Sea to the east, Russia's republic of Dagestan to the north, Georgia (country), Georgia to the northwest, Armenia and Turkey to the west, and Iran to the south. Baku is the capital and largest city. The territory of what is now Azerbaijan was ruled first by Caucasian Albania and later by various Persian empires. Until the 19th century, it remained part of Qajar Iran, but the Russo-Persian wars of Russo-Persian War (1804–1813), 1804–1813 and Russo-Persian War (1826–1828), 1826–1828 forced the Qajar Empire to cede its Caucasian territories to the Russian Empire; the treaties of Treaty of Gulistan, Gulistan in 1813 and Treaty of Turkmenchay, Turkmenchay in 1828 defined the border between Russia and Iran. The region north o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Natural Gas Pipeline
A pipeline is a system of pipes for long-distance transportation of a liquid or gas, typically to a market area for consumption. The latest data from 2014 gives a total of slightly less than of pipeline in 120 countries around the world. The United States had 65%, Russia had 8%, and Canada had 3%, thus 76% of all pipeline were in these three countries. The main attribute to pollution from pipelines is caused by corrosion and leakage. ''Pipeline and Gas Journal''s worldwide survey figures indicate that of pipelines are planned and under construction. Of these, represent projects in the planning and design phase; reflect pipelines in various stages of construction. Liquids and gases are transported in pipelines, and any chemically stable substance can be sent through a pipeline. Pipelines exist for the transport of crude and refined petroleum, fuels—such as oil, natural gas and biofuels—and other fluids including sewage, slurry, water, beer, hot water or steam for shorter ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Gas Interconnector Greece-Bulgaria
Gas is a state of matter that has neither a fixed volume nor a fixed shape and is a compressible fluid. A ''pure gas'' is made up of individual atoms (e.g. a noble gas like neon) or molecules of either a single type of atom ( elements such as oxygen) or from different atoms ( compounds such as carbon dioxide). A ''gas mixture'', such as air, contains a variety of pure gases. What distinguishes gases from liquids and solids is the vast separation of the individual gas particles. This separation can make some gases invisible to the human observer. The gaseous state of matter occurs between the liquid and plasma states, the latter of which provides the upper-temperature boundary for gases. Bounding the lower end of the temperature scale lie degenerative quantum gases which are gaining increasing attention. High-density atomic gases super-cooled to very low temperatures are classified by their statistical behavior as either Bose gases or Fermi gases. For a comprehensive listing of t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Exclusive Economic Zone
An exclusive economic zone (EEZ), as prescribed by the 1982 United Nations Convention on the Law of the Sea, is an area of the sea in which a sovereign state has exclusive rights regarding the exploration and use of marine natural resource, resources, including energy production from water and wind. It stretches from the outer limit of the territorial sea (22.224 kilometres or 12 nautical miles from the baseline) out 370.4 kilometres (or 200 nautical miles) from the coast of the state in question. It is also referred to as a maritime continental margin and, in colloquial usage, may include the continental shelf. The term does not include either the Territorial waters#Territorial sea, territorial sea or the continental shelf beyond the 200 nautical mile limit. The difference between the territorial sea and the exclusive economic zone is that the first confers full sovereignty over the waters, whereas the second is merely a "sovereign right" which refers to the coastal state's righ ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
TotalEnergies
TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and is one of the seven supermajor oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. TotalEnergies is also a large-scale chemicals manufacturer. TotalEnergies has its head office in the Tour Total in La Défense district in Courbevoie, west of Paris. The company is a component of the Euro Stoxx 50 stock market index. In the 2023 ''Forbes'' Global 2000, TotalEnergies was ranked as the 21st largest company in the world. History 1924–1985: Compagnie Française des Pétroles The company was founded after World War I, when petrol was seen as vital in case of a new war with Germany. The then-French President Raymond Poincaré rejected the idea of forming a partnership with Royal ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Galata Gas Field
The Galata gas field is a natural gas field located on the continental shelf of the Black Sea approximately 25km Southeast of Varna, Bulgaria. The field was the first to be developed offshore Bulgaria, and at peak production provided more than 16% of Bulgaria's domestic gas needs, the platform and associated infrastructure is still the only production facility located in the Bulgarian Black Sea. Discovery Gas was discovered in the Late Cretaceous / Late Paleocene calcarenite reservoir in 1993 by Texaco and its JV partners (Texaco 20% - Operator, Enterprise 20%, OMV 10% and the remaining 50% was held by the State (Bulgarian Committee of Geology and Mineral Resources)). The discovery well Galata 1 was drilled using the Ocean Liberator semi submersible drilling rig. The well flowed at per day through a choke. This was the first offshore commercial gas discovery in Bulgaria. Later the same JV further appraised the field with the Galata 2 well and Bogdanov East 1 well. T ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |