Business » Energy

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: 3153

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: 2253

Bulgaria Hopes to Break Ground of Delayed Hydro Project 2014

The construction of the vastly troubled and long-delayed Bulgarian hydro power project on the Arda river in the south will most probably start in the middle of 2014, officials say.

Business » Energy | August 27, 2013, Tuesday // 13:56 | Viewed: 3100

OLAF: No Irregularities at Bulgaria's State Enterprise Radioactive Waste

The EU anti-fraud office, OLAF, has found no violations in the activities of Bulgaria's State Enterprise Radioactive Waste (SE-RAW) related to the absorption of EU funds under different projects of SE-RAW.

Business » Energy | August 26, 2013, Monday // 16:08 | Viewed: 3135

Lukoil Bulgaria Suffers Setback in Court

Bulgaria's Finance Ministry and Customs have won an important round in their legal dispute with Lukoil Bulgaria over the installation of electronic measuring gauges.

Business » Energy | August 23, 2013, Friday // 15:21 | Viewed: 3281

Russian Stroytransgaz to Build Overland Sections of South Stream Gas Pipeline

Russian company Stroytransgaz is preparing to sign contracts for the construction of the overland sections of the South Stream gas pipeline on the Balkans.

Business » Energy | August 21, 2013, Wednesday // 18:08 | Viewed: 4859

Bulgarians to Not Pay Electricity Bills In Case of Substandard, Unstable Supply for 10 Days

If power supply is unstable and substandard for a period of over 10 days in a month, the customer will not have to pay their electricity bill for the respective month, according to a set of proposed amendments to Bulgaria's Energy Act.

Business » Energy | August 21, 2013, Wednesday // 16:53 | Viewed: 13296

LukErg Renew to Buy More Wind Farms in Bulgaria

LUKErg Renew, a joint venture between Italy's ERG SpA (ERG) and Russia's OAO Lukoil, has received permission from the Commission on Protection of Competition (KZK), to buy four Bulgarian companies running wind farms in the northeastern village of Hrabrovo

Business » Energy | August 20, 2013, Tuesday // 13:11 | Viewed: 3802

Bulgarian Court Orders Belene NPP Reports of HSBC Declassified

Bulgaria's Administrative Court Sofia City (ACSC) has ordered the government, the Ministry of Economy and Energy (MIET) and the Bulgarian Energy Holding (BEH) to declassify all analyses and evaluations of HSBC bank, the Bulgarian government consultant on

Business » Energy | August 19, 2013, Monday // 18:08 | Viewed: 3275

Bulgaria's Maritsa Iztok Mines to Remain State Owned, No Job Cuts Foreseen

Maritsa Iztok Mines (Mini Maritsa Iztok EAD) will remain a state-owned company and there will be no staff cuts, according to Dragomir Stoynev, Bulgaria's Economy and Energy Minister.

Business » Energy | August 16, 2013, Friday // 17:54 | Viewed: 8191

CEO of Bulgaria's Kozloduy NPP to Turn Loss into Profit by end-2013

Bulgaria's Kozloduy Nuclear Power Plant (NPP) has run up losses of BGN 5.8 M in the first half of 2013, unlike 2012, when the NPP registered a profit.

Business » Energy | August 15, 2013, Thursday // 15:54 | Viewed: 2933

Scientists To Carry Out Natural Gas Research in Bulgarian Black Sea Waters

Bulgaria's government has authorized the research ship “Maria S. Merian” under German flag to carry out research in the region of the Black Sea aiming to find unconventional source of natural gas at the end of 2013.

Business » Energy | August 14, 2013, Wednesday // 17:45 | Viewed: 2130

Bulgaria to Achieve Nearly 5-Fold Increase in Local Gas Production in 10 Years

Bulgarian state-owned gas transmission operator Bulgartransgaz expects domestic production of natural gas to increase nearly 5-fold in 10 years.

Business » Energy | August 13, 2013, Tuesday // 16:22 | Viewed: 2636

Power Supply Recovery Fee in Bulgaria to Be Abolished

Yavor Kuyumdzhiev, MP of the Bulgarian Socialist Party (BSP) and Deputy Chair of the Parliamentary Energy Committee, has said that the fee charged for re-connection to the power grid is illegal and should be abolished.

Business » Energy | August 13, 2013, Tuesday // 14:50 | Viewed: 2464

TransAtlantic Petroleum Signs JV Agreement in Bulgaria

TransAtlantic Petroleum Ltd. has announced a joint venture agreement in Bulgaria.

Business » Energy | August 9, 2013, Friday // 13:54 | Viewed: 2361

Bulgaria's Electricity Exports Reach 1600 MW/h

Bulgaria's electricity exports have reached a level of 1600 MW/h, registering a substantial increase from the rate of 128 MW/h in May 2013, according to reports of the Ministry of Economy and Energy (MIET).

Business » Energy | August 7, 2013, Wednesday // 16:56 | Viewed: 2768

Bulgarian Energy Minister: Maritsa Iztok Miners to Keep Their Jobs

Bylgaria's minister of Economy and Energy, Dragomir Stoynev , has assured that discharges will not be made in the Maritza Iztok Complex – the largest energy complex in Bulgaria, located in Stara Zagora Province.

Business » Energy | August 7, 2013, Wednesday // 11:31 | Viewed: 2737

Bulgarian Trade Unions Warn about Layoffs at Otkrit Vagledobiv Mines EAD

Coal mining company Otkrit Vagledobiv Mines EAD faces unavoidable staff cuts, according to Nikolay Spasov, trade union leader at the company and Deputy Chair of the Federation of Independent Trade Unions of Miners.

Business » Energy | August 5, 2013, Monday // 11:48 | Viewed: 2243

Bulgaria's Energy Minister: Oranovo Mining Concession Temporarily Stopped, not Cancelled

The owner of the Oranovo coal mine has two weeks to bring the operations in line with legal requirements, according to Dragomir Stoynev, Bulgaria's Economy and Energy Minister.

Business » Energy | August 4, 2013, Sunday // 15:45 | Viewed: 8217

Bulgarian Kozloduy NPP Records Net Loss H1, 2013

Bulgaria's Kozloduy NPP has registered BGN 5.8 M losses for the first half of 2013, according to the entity's financial statement.

Business » Energy | August 3, 2013, Saturday // 11:35 | Viewed: 2053

Russia Confirmed Biggest Producer of Oil Globally

Russia has stayed in front of Saudi Arabia, topping the list of countries in the world producing the largest quantities of oil.

Business » Energy | August 3, 2013, Saturday // 10:15 | Viewed: 2832
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