Business » Energy

Moody's Upgrades Bulgarian Energy Holding's Rating

Moody's Investors Service has assigned a provisional Ba1 corporate family rating to the Bulgarian Energy Holding EAD (BEH), with a stable outlook.

Business » Energy | 3 hours ago | Viewed: 294

Russian Gas Pipeline To Greece Might Pass Through Bulgaria - Alexander Novak

Russian Energy Minister Alexander Novak said on Friday that the natural gas pipeline planned to run from Russia across the Black Sea to Greece and Italy might pass through Bulgaria or Turkey.

Business » Energy | May 27, 2016, Friday // 19:57 | Viewed: 927

Bulgaria's Ex-President Backs Russian Pipeline via Country

Bulgaria should host a Russian pipeline to avoid becoming a "periphery" in the energy sector, President (2002-2012) Georgi Parvanov said on Thursday.

Business » Energy | May 27, 2016, Friday // 07:46 | Viewed: 1015

EU Commission Backs Construction of Bulgaria's "Balkan" Gas Hub

The European Commission backs the construction of Bulgaria's "Balkan" gas hub, which is projected to extract natural gas from the Black Sea.

Business » Energy | May 26, 2016, Thursday // 14:36 | Viewed: 1572

EU Energy Commissioner to Arrive on Two-Day Visit to Bulgaria

EU Commissioner for Climate Action and Energy, Miguel Arias Canete, will pay a two-day visit to Bulgarian on Thursday and Friday.

Business » Energy | May 26, 2016, Thursday // 10:12 | Viewed: 1239

Bulgaria Can Use South Stream Project Co.’s Assets in Planned Gas Hub - Energy Minister

The project company for the abandoned South Stream gas pipeline project has valuable assets which Bulgaria can use in view of plans to build a gas hub on its territory, Energy Minister Temenuzhka Petkova has said.

Business » Energy | May 20, 2016, Friday // 10:53 | Viewed: 2635

Russian Black Sea Pipeline Options 'Shouldn't Be Forgotten' - BulgarianDeputy PM

Bulgarian Deputy Prime Minister has said alternative options to have a Russian pipeline build under the Black Sea should be taken into account.

Business » Energy | May 19, 2016, Thursday // 10:58 | Viewed: 2247

South Stream Bulgaria 'Keeps Spending Millions' Despite Project's Demise

The project company for abandoned South Stream spends BGN 4.

Business » Energy | May 18, 2016, Wednesday // 10:55 | Viewed: 2151

TAP 'to Supply Gas to Central, SE Europe' via Bulgaria-Greece Link

Greek Prime Minister Alexis Tsipras said on Tuesday the Trans-Adriatic Pipeline (TAP) would also supply Southeastern and Central Europe with gas through the Interconnector Greece-Bulgaria (IGB) when both are ready.

Business » Energy | May 17, 2016, Tuesday // 19:40 | Viewed: 1820

Bulgaria’s Anti-Trust Body Accuses CEZ Unit of Abuse of Dominant Market Position

Bulgaria's anti-trust regulator has accused the local electricity distribution arm of Czech power group CEZ of abusing its dominant market position.

Business » Energy | May 16, 2016, Monday // 21:03 | Viewed: 1669

Bulgaria’s Kozloduy Nuclear Plant Reconnects Unit 5 to Grid after Maintenance

Bulgaria’s sole Kozloduy nuclear power plant has completed the planned annual maintenance of one of its two operating reactors.

Business » Energy | May 16, 2016, Monday // 15:36 | Viewed: 1651

Bulgargaz Proposes to Cut Q3 Gas Price by 10%

Bulgargaz has proposed to cut natural gas price for consumers by 9.97% % for the third quarter of the year due to an expected drop in the price of gas supplies.

Business » Energy | May 10, 2016, Tuesday // 19:29 | Viewed: 2380

US Energy Envoy: New Gas Projects ‘Are Little More Than Distractions’

New proposals and MoUs for new gas projects sometimes “have little more than the goal of distracting from the good projects that are underway”, Amos Hochstein, US Special Coordinator for International Energy Affairs, said on Friday.

Business » Energy | May 6, 2016, Friday // 18:45 | Viewed: 3524

US-EU Energy Council Backs Bulgaria-Greece Gas Link

The US-EU Energy Council on Wednesday stressed the importance of Interconnector Greece-Bulgaria (IGB) and the Southern Gas Corridor for the regional energy system.

Business » Energy | May 5, 2016, Thursday // 10:12 | Viewed: 2758

Gazprom Puts Forward New South Stream Route

Russian energy giant Gazprom has tabled a new option to revive the South Stream pipeline, local media report.

Business » Energy | April 28, 2016, Thursday // 11:29 | Viewed: 5707

Bulgaria's NEK Repays EUR 309 M Debt to Local Unit of U.S.-based AES Corp

Bulgarian wholesale electricity supplier NEK has repaid EUR 309 M in outstanding debt owed to coal-fired AES 3C Maritza East I power plant, a subsidiary of U.

Business » Energy | April 27, 2016, Wednesday // 19:05 | Viewed: 2603

Bulgaria’s BEH Signs EUR 535 M Loan Deal to Repay Debt to Units of AES, ContourGlobal

State-owned Bulgarian Energy Holding (BEH) group has agreed a bridge loan of EUR 535 M to repay debt of its subsidiary NEK to the local units of U.

Business » Energy | April 25, 2016, Monday // 17:59 | Viewed: 4584

Competition Regulator Carries out Inspection at OMV Bulgaria

Officials of the Commission for Protection of Competition (KZK) are conducting a sudden inspection at the premises of OMV Bulgaria on Monday.

Business » Energy | April 25, 2016, Monday // 14:50 | Viewed: 4714

Bulgaria's Competition Watchdog Conducts Inspections at Shell, Eko

Officials of the Commission for Protection of Competition (KZK) are conducting sudden inspections at the premises of Shell Bulgaria and Eko Bulgaria on Friday.

Business » Energy | April 22, 2016, Friday // 15:57 | Viewed: 4958

Noble Globetrotter II to Start Drilling for Gas off Bulgaria’s Coast in May

The Noble Globetrotter II will start drilling for oil and gas in the Black Sea block of Khan Asparuh off Bulgaria’s coast early next month, Total's General Manager for Bulgaria, Xavier Faugeras, has announced.

Business » Energy | April 19, 2016, Tuesday // 16:54 | Viewed: 6077

Offshore Gas Exploration to Begin in Bulgaria's Khan Asparuh

The exploration vessel set to carry out the first drilling at the Black Sea block of Khan Asparuh is to be officially shown on Tuesday.

Business » Energy | April 19, 2016, Tuesday // 10:12 | Viewed: 5080