Business » Energy

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: 957

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: 1135

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: 945

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: 1464

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: 1081

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: 806

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: 991

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: 1509

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: 1886

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: 1193

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: 1362

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: 1892

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: 1403

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: 959

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: 1075

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: 1108

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: 1270

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: 925

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: 1138

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: 1521

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: 1360