Business » Energy

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 | 2 hours ago | Viewed: 243

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: 612

Russia Ties Renewal of Supplies to Ukraine's First Chunk of Debt

As soon as Ukraine transfers the first chunk of debt worth USD 1.

Business » Energy | October 31, 2014, Friday // 07:45 | Viewed: 391

Moscow, Kiev Agree to Renew Gas Flow to Ukraine

Russia and Ukraine have agreed on the conditions under which gas supplies from energy giant Gazprom will be conducted in the winter, Russia's Energy Minister says.

Business » Energy | October 30, 2014, Thursday // 14:35 | Viewed: 637

Bulgaria to Use EU Funding to Implement 5 Energy Projects worth over EUR 4 M

Bulgaria is to implement 5 energy projects worth over EUR 4 M with EU funding.

Business » Energy | October 30, 2014, Thursday // 12:43 | Viewed: 676

Bulgargaz Cuts Gas Supplies to Bulgarian Heating Utilities by 50%

State-owned gas supplier Bulgargaz has sent letters to all heating utilities to inform about supply cuts necessitated by the reduction in gas deliveries received via the pipeline through Ukraine.

Business » Energy | October 30, 2014, Thursday // 11:53 | Viewed: 874

Russia, Ukraine, EU Fail to Reach Agreement in Gas Talks

Russia, Ukraine and the European Commission have failed to reach agreement on the issue of winter gas supplies to Kiev.

Business » Energy | October 30, 2014, Thursday // 09:19 | Viewed: 628

EU Invests EUR 647 M in Key Energy Projects

EU Member States agreed Wednesday to allocate EUR 647 to support priority infrastructure projects.

Business » Energy | October 30, 2014, Thursday // 08:46 | Viewed: 735

France’s Total to Start Drilling at Bulgaria’s Khan Asparuh Block in 2015

France’s Total will start hydrocarbon drilling at the Bulgarian Black Sea block Khan Asparuh in the second half of 2015, according to Paul Sexton, Exploration Manager at Total E&P Bulgaria.

Business » Energy | October 30, 2014, Thursday // 08:21 | Viewed: 1095

Deliveries Of Russian Gas To Bulgaria Decrease

The natural gas deliveries from Russia to Bulgaria have decreased, said caretaker Economy and Energy Minister Vasil Shtonov, quoted by the BNT public broadcaster.

Business » Energy | October 29, 2014, Wednesday // 20:30 | Viewed: 1036

Inspectors Identify Fuel Quality Irregularities at 43% of Filling Stations in Bulgaria

An inspection of Bulgaria’s State Agency for Metrology and Technical Supervision has revealed fuel quality irregularities at 43% of the filling stations.

Business » Energy | October 29, 2014, Wednesday // 13:28 | Viewed: 1054

Bulgaria’s Energy System Is Insufficiently Prepared for Alternative Supply - Expert

Valentin Terziyski, Deputy Chair of the chamber of energy workers at the Bulgarian Industrial Association (BIA), has drawn attention to the fact that the energy system is not fully prepared for alternative supply.

Business » Energy | October 29, 2014, Wednesday // 09:57 | Viewed: 867

Hungary to Start South Stream Construction in 6 Months

Hungary is currently planning to begin the construction of the South Stream gas pipeline in the spring of 2016, media sources say.

Business » Energy | October 28, 2014, Tuesday // 15:27 | Viewed: 896

Gazprom Directors' Board to Discuss Issues of South Stream Bulgaria

Gazprom executives are to meet November 5 to consider the approval of certain transactions with the assets of South Stream Bulgaria, the Russian energy giant announced.

Business » Energy | October 24, 2014, Friday // 21:22 | Viewed: 1961

Economy Ministry Working to Ensure Varna TPP Will Remain Open

Bulgaria's Ministry of Economy is seeking to ensure the Varna Thermal Power Ptation will remain operational despite not having complied with European norms, the institution said in a statement.

Business » Energy | October 24, 2014, Friday // 19:50 | Viewed: 1251

Bulgaria Determined to Keep Varna TPP Functioning – Deputy Minister

Bulgaria is determined to rescue the Varna thermal power plant, according to Anton Pavlov, Deputy Minister of Economy.

Business » Energy | October 24, 2014, Friday // 14:00 | Viewed: 958

Westinghouse Picks М3 Communications for Its PR Agency in Bulgaria

Leading Bulgarian PR firm М3 Communications Group, Inc. will back US-based Westinghouse Electric’s efforts to move forward with planned expansion of Bulgaria’s Kozloduy nuclear power plant.

Business » Energy | October 22, 2014, Wednesday // 16:24 | Viewed: 1380

Bulgaria's Energy Market 'Needs More Dealers'

There is a lack of competitors in energy trade on the liberalized energy market, the Bulgarian energy watchdog DKEVR warned Tuesday.

Business » Energy | October 21, 2014, Tuesday // 12:58 | Viewed: 900

Incoming EU Energy Commissioner Prefers Southern Gas Corridor over South Stream

EU should back the Southern Gas Corridor, a project rivaling the South Stream gas pipeline, as a means to provide security of energy supplies, Slovakia's EU Commissioner designate Maroš Šefčovič has said.

Business » Energy | October 21, 2014, Tuesday // 11:43 | Viewed: 1448

Kozloduy NPP Completes Planned Annual Overhaul of Unit 6

The planned annual overhaul of unit 6 of Bulgaria’s Kozloduy nuclear power plant has been completed and it has been reconnected to the energy grid.

Business » Energy | October 20, 2014, Monday // 15:54 | Viewed: 760

Kozloduy NPP Transferred BGN 7 M to Westinghouse under Upgrade Program for Units 5, 6

Bulgaria’s Ministry of Economy and Energy specified that US company Westinghouse Energy Systems had been transferred over BGN 7 M under an upgrade program for units 5 and 6 of the Kozloduy NPP.

Business » Energy | October 19, 2014, Sunday // 13:24 | Viewed: 1176