Bulgarian Prime Minister Boyko Borisov pledged yesterday to speed up work on Russia’s South Stream gas pipeline project, in a move to secure cheaper gas deliveries.
After talks here with Russia’s First Deputy Prime Minister Viktor Zubkov and Gazprom’s deputy chief executive Alexander Medvedev, Borisov said the two countries had drafted “a road map” to accelerate work on the project, which is being built by the Russian gas giant and Italy’s ENI.
Resource


Three people have been killed in a fire that broke out Wednesday at an Athens bank during rioting over the Greek government's plans for austerity measures.
Interview with Toby Iles, analyst for Central & Eastern Europe at the Economist Intelligence Unit (EIU)
Turkey’s gold mining sector is set to blossom, despite heavy taxes on the industry and a lack of investment in unlocking the country’s golden potential.
Trucks are loaded with sugar cane, which will be used to produce biofuels, in Brazil, but a new report by ActionAid says biofuels are taking away vital land for food production in developing countries, and are sending millions hungry. Photograph: Paulo Whitaker/Reuters
Small country, great expectations
Stream Oil & Gas Ltd. (TSXV:SKO), a junior Vancouver-based energy company that operates in the Balkan area of southern Europe, says an independent review has valued its Albanian energy reserves at more than $145.3 million.