Business » Energy

Bulgaria Asks EC to Keep Reduced Excise Rate on Natural Gas for Motor-Fuel Use

Bulgaria has sent a notification to the European Commission (EC) on the application of provisions of the EU Directive on the taxation of energy products and electricity under which it can apply a reduced excise tax rate on natural has used as motor fuel,

Business » Energy | September 17, 2013, Tuesday // 20:34 | Viewed: 12482

Bulgaria's Prosecuting Authority to Investigate Large-Scale Fraud in Energy Sector

Bulgaria's prosecuting authority received Monday a tip-off about fraud schemes worth BGN 230 M in the energy sector during the term in office of the center-right GERB government.

Business » Energy | September 16, 2013, Monday // 17:46 | Viewed: 3514

Kodzloduy Hydropower Plant Starts Functioning in NW Bulgaria

The Kozloduy Hydropower plant has been connected to Bulgaria's power grid.

Business » Energy | September 16, 2013, Monday // 16:47 | Viewed: 2924

Democrats for Strong Bulgaria Party Snubs South Stream Gas Pipeline Project

The right-wing Democrats for Strong Bulgaria (DSB) party has described the South Stream gas pipeline project as the "second huge corruption-ridden project of the Bulgarian Socialist Party (BSP), the Kremlin and the energy mafia.

Business » Energy | September 16, 2013, Monday // 14:48 | Viewed: 2656

Petroceltic Announces Boost of Production in Bulgaria

Oil and gas mining company Petroceltic has announced that it has completed a “tieback” on the production well at the Kiliakra gas field in offshore Bulgaria.

Business » Energy | September 16, 2013, Monday // 14:47 | Viewed: 1470

Bulgaria's Ex-Energy Minister Denies Involvement in Privatization Fraud

Traycho Traykov, former Bulgarian Economy and Energy Minister in the center-right GERB government, has denied allegations that he is a defendant in a trial concerning large-scale fraud in the energy sector.

Business » Energy | September 16, 2013, Monday // 13:18 | Viewed: 3325

Bulgaria's GERB Blasts Govt Electricity Price Bill

Electricity prices are going down, but this is on the expense of the State budget with all taxpayers actually footing the bill.

Business » Energy | September 16, 2013, Monday // 10:32 | Viewed: 3106

Bulgaria's Ex Energy Minister: Power Rates Will Increase in 2014

Former Bulgarian Economy and Energy Minister Delyan Dobrev has warned that power rates will go up in 2014 due to the 5% price cut introduced in August 2013.

Business » Energy | September 15, 2013, Sunday // 16:42 | Viewed: 2511

Bulgarian Min Reveals Huge Abuses in Energy Sector

Bulgarian Economy and Energy Minister, Dragomir Stoynev, is going to inform the prosecution in writing Monday about the draining of the public energy sector by BGN 230 M.

Business » Energy | September 14, 2013, Saturday // 13:34 | Viewed: 2878

Bulgarian PM Hopes for 'Low' Damage in Belene NPP Trial

Bulgarian Prime Minister, Plamen Oresharski, is convinced the lawyers working on the case with Atomstroyexport's arbitration claim against Bulgaria will apply all effort to minimize the damage.

Business » Energy | September 13, 2013, Friday // 13:11 | Viewed: 2834

Power Rates in Bulgaria to Remain Unchanged for 2 Years

Yavor Kuyumdzhiev, Deputy Chair of the parliamentary energy committee, has assured that Bulgaria's new electricity pricing model is sustainable and will remain in place for at least two years.

Business » Energy | September 10, 2013, Tuesday // 19:01 | Viewed: 2144

Ex President: Bulgaria Must Revive ASAP Belene NPP

Bulgaria's former President Georgi Parvanov (2001-2011) says there should be no hesitation whatsoever in reviving the project to build a Russian-sponsored second nuclear power plant in the Danube town of Belene.

Business » Energy | September 10, 2013, Tuesday // 13:22 | Viewed: 2303

Bulgaria's Electricity Sector with Fresh Top-Level Reshuffle

Bulgaria's Electricity System Operator (ESO) is to undergo yet another reshuffle of senior staff, according to insider sources of Nova TV.

Business » Energy | September 10, 2013, Tuesday // 11:12 | Viewed: 7037

Bulgarian Energy Min Lukewarm on Belene NPP

The fate of the Belene NPP project is in the hands of Bulgarian MPs, said Bulgarian Minister of Economy and Energy Dragomir Stoynev.

Business » Energy | September 8, 2013, Sunday // 18:46 | Viewed: 2163

Power Prices in Bulgaria to Go Further Down - Min

Electric power prices in Bulgaria are liable to further reductions, argued Bulgaria's Minister of Economy and Energy Dragomir Stoynev.

Business » Energy | September 8, 2013, Sunday // 15:39 | Viewed: 2228

Varna Locals Rаlly against Russian-Sponsored Pipeline

Residents of Bulgaria's Black Sea city of Varna staged Sunday a new protest rally against the joint Russian-Bulgarian South Stream natural gas pipeline project.

Business » Energy | September 8, 2013, Sunday // 14:53 | Viewed: 1905

Bulgaria's Rulers Steady on Path of Reviving Belene NPP

Bulgaria's rulers will commission another feasibility study of the project to build a Russian-sponsored second nuclear power plant in the Danube town of Belene, and if it proves marketable, it will be realized.

Business » Energy | September 8, 2013, Sunday // 14:32 | Viewed: 5082

Power Utilities Warn of Looming Price Hike in Bulgaria

The measures of Bulgaria's Socialist-led rulers against alleged monopolies in the energy sector can lead to a huge hike in electricity prices.

Business » Energy | September 6, 2013, Friday // 12:20 | Viewed: 4714

Board of Directors of South Stream Bulgaria Reshuffled

The three Bulgarian representatives on the board of directors of South Stream Bulgaria have been replaced.

Business » Energy | September 5, 2013, Thursday // 13:57 | Viewed: 3155

EU's Court of Justice Launches 1st Trial against Bulgaria over Energy

Hearings on the first trial of the European Commission against Bulgaria over the lack of reverse-flow gas grid interconnections with neighbor countries started Wednesday morning at the Court of Justice of the European Union in Luxembourg.

Business » Energy | September 4, 2013, Wednesday // 18:58 | Viewed: 3150

Bulgaria's Energy Minister to Draft New Strategy in 9 Months

Bulgaria's Economy and Energy Minister is to prepare an analysis of the condition of the energy sector and its subsectors in 3 months' time, while the Ministry of Economy and Energy is to draft a new energy strategy in 9 months.

Business » Energy | September 4, 2013, Wednesday // 17:19 | Viewed: 2245
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