Business » Energy

Banks Refuse Loan to Bulgaria’s Bulgargaz Twice in 6 Months

For a second time in 6 months, banks have refused to provide a loan to Bulgaria’s state-owned gas supplier Bulgargaz.

Business » Energy | November 28, 2014, Friday // 08:27 | Viewed: 472

Bulgaria’s Energy Watchdog Pledges No Power Price Hike as of January

Bulgaria’s State Commission for Energy and Water Regulation (DKEVR) does not plan to approve a new power price increase from January 1, 2015, according to DKEVR Chair Svetla Todorova.

Business » Energy | November 27, 2014, Thursday // 14:03 | Viewed: 513

Bulgarian Energy Holding Conducts Top-level Reshuffle at Several Companies

The Board of Directors of the Bulgarian Energy Holding (BEH) has carried out a top-level reshuffle at a number of state-owned energy companies.

Business » Energy | November 26, 2014, Wednesday // 18:36 | Viewed: 597

Russia Will Build South Stream if Europe Wants to Reduce Gas Transit Risks - Minister

Russia will build the South Stream pipeline if Europe needs to diminish transit risks and secure stable gas supplies, according to Russia’s Economic Development Minister Alexey Ulyukayev.

Business » Energy | November 26, 2014, Wednesday // 16:44 | Viewed: 760

Minister Vows Comprehensive Audit of Bulgaria’s Energy Sector

Bulgaria’s Energy Minister Temenuzhka Petkova has vowed a comprehensive audit of the sector to establish the financial gap and identify ways of overcoming it.

Business » Energy | November 26, 2014, Wednesday // 15:48 | Viewed: 556

Construction of South Stream Underwater Section to Start December 15

The launch of the construction works for the underwater section of the South Stream gas pipeline has been postponed by a month, according to a Gazprom official.

Business » Energy | November 24, 2014, Monday // 20:12 | Viewed: 931

Israel 'to Offer Gas Pipeline Project' to EU

Israel has made a proposal under which its gas will be transited to the EU through a new pipeline, Israeli media outlets say.

Business » Energy | November 24, 2014, Monday // 17:50 | Viewed: 976

Bulgaria to Receive EUR 25 M in Kozloduy NPP Decommissioning Aid in 2015

In 2015, Bulgaria will receive EUR 25 M in decommissioning aid for the Kozloduy nuclear power plant.

Business » Energy | November 24, 2014, Monday // 17:48 | Viewed: 1028

Foreign Ministers of Serbia, Hungary Cite South Stream as Project of Mutual Interest

Serbian Foreign Minister Ivica Dacic and his Hungarian counterpart Peter Szijjarto have agreed that the South Stream gas pipeline is a project of mutual interest for the two countries.

Business » Energy | November 21, 2014, Friday // 21:12 | Viewed: 1350

South Stream 'No Longer A Priority' for Italy

Italy's Economic Development Minister Federica Guidi has said the South Stream gas pipeline project is no longer a priority for her country.

Business » Energy | November 20, 2014, Thursday // 09:49 | Viewed: 1314

Construction Permit, Environmental Impact Assessment of Belene NPP Expire

The deadline of the permit for the construction and the Environmental Impact Assessment (EIA) of the Belene nuclear power plant have expired, according to reports of Bulgaria’s Regional Development Ministry.

Business » Energy | November 19, 2014, Wednesday // 11:05 | Viewed: 985

Westinghouse Deputy VP Arrives in Bulgaria

Michael Kirst, Westinghouse deputy president for strategy, is in Bulgaria in relation to the company's intention to build Unit 7 at the Kozloduy Nuclear Power Plant, officials say.

Business » Energy | November 13, 2014, Thursday // 08:23 | Viewed: 1508

Bulgargaz Has No Reason to Seek 2% Price Hike, Regulator Says

The intention of Bulgargaz to seek a 2% increase in the price of natural gas is “groundless”, a member of Bulgaria’s energy regulator said on Wednesday.

Business » Energy | November 12, 2014, Wednesday // 19:23 | Viewed: 1093

Bulgargaz Asks For 2.07% Hike Of Gas Price

Bulgargaz will ask of Bulgaria's energy watchdog DKEVR to increase the price of natural gas by 2.07%, as of the beginning of 2015.

Business » Energy | November 11, 2014, Tuesday // 11:44 | Viewed: 812

Draft Law Calls for Bulgaria MPs to Elect Energy & Water Regulator

Members of Bulgaria’s energy and water regulator DKEVR will be nominated and elected by parliament and not appointed by the government.

Business » Energy | November 10, 2014, Monday // 18:52 | Viewed: 1020

3 Villages in NE Bulgaria Protest against Oil, Gas Drilling

Residents of the northeastern Bulgarian villages of Troitsa, Osmar, and Han Krum staged a protest Sunday against oil and gas drilling in the area.

Business » Energy | November 10, 2014, Monday // 09:44 | Viewed: 1540

Bulgaria Govt Coalition to Keep Shale Ban, Back EU-Compliant South Stream

Securing Bulgaria’s energy independence is part of the programme of Bulgaria’s new coalition government expected to voted into office on Friday.

Business » Energy | November 6, 2014, Thursday // 20:20 | Viewed: 1913

CEZ Bulgaria Blames Losses on Decisions of Regulatory Authority

The power distribution and power supply companies of CEZ in Bulgaria, CEZ Razpredelenie Bulgaria AD and CEZ Electro Bulgaria AD, have reported a joint loss of BGN 6.

Business » Energy | November 6, 2014, Thursday // 13:44 | Viewed: 1229

EU Commission Asks Hungary to Explain Change to Energy Law

The European Commission has demanded that Budapest give its account about a legal amendment that Brussels believes is related to the construction of South Stream.

Business » Energy | November 4, 2014, Tuesday // 19:16 | Viewed: 1367

Bulgaria’s National Electric Company Reports BGN 425M Loss in end-Sept

Bulgaria’s state-owned National Electric Company (NEK) has reported a loss of BGN 425 M for the first nine months of 2014.

Business » Energy | October 31, 2014, Friday // 21:14 | Viewed: 1910

Austria's Verbund to Sell Its Wind Farm in Bulgaria

Austrian energy giant Verbund is selling its wind park at Bulgaria's Black Sea coast, the concern said in a statement Thursday.

Business » Energy | October 31, 2014, Friday // 09:41 | Viewed: 1418