Business » Energy

Bulgarian Energy Minister Vows Steps to Terminate Oranovo Mining Concession

Dragomir Stoynev, Bulgaria's Economy and Energy Minister, has said that the Oranovo mine, where a fatal collapse claimed the lives of four miners, will stop working until its activity becomes legally compliant and the working conditions are safe.

Business » Energy | August 2, 2013, Friday // 14:53 | Viewed: 2641

Bulgaria's Energy Minister: Oranovo Mining Concession Should Have Been Stopped

Dragomir Stoynev, Bulgaria's Economy and Energy Minister, has vowed to remedy the important irregularities uncovered by the tragic accident at the Oranovo coal mine, which claimed at least two lives.

Business » Energy | August 1, 2013, Thursday // 14:55 | Viewed: 2595

Lower Electricity Prices Enter Into Force in Bulgaria

On Thursday, August 1 2013, new lower electricity prices come into force in Bulgaria, it has been announced.

Business » Energy | August 1, 2013, Thursday // 14:00 | Viewed: 3311

Bulgarian Minister Decries Plight of Energy Sector

Bulgaria's energy sector is experiencing an extremely difficult situation, according to a report of Economy and Energy Minister Dragomir Stoynev.

Business » Energy | July 30, 2013, Tuesday // 17:22 | Viewed: 3283

Bulgarian Trade Unions Fear 3500 Job Cuts in Mining Industry

Mining industry trade union representatives attended an extraordinary meeting with Economy and Energy Minister Dragomir Stoynev on Tuesday to discuss the new coal prices and the workload of the Bobov Dol thermal power plant.

Business » Energy | July 30, 2013, Tuesday // 16:09 | Viewed: 2742

It's Final: Electricity in Bulgaria 5% Cheaper Aug 1

Bulgaria's State Commission for Energy and Water Regulation, DKEVR, announced late Monday evening its final decision on electricity prices, which shall enter into force on August 1.

Business » Energy | July 30, 2013, Tuesday // 09:31 | Viewed: 3860

Expert Predicts 'Season of Scarcity' for Bulgarian Heating Utilities

The upcoming heating season will be a season of scarcity for heating utilities, according to Valentin Terziyski, Deputy Chair of the Association of Heating Utilities in Bulgaria.

Business » Energy | July 29, 2013, Monday // 17:02 | Viewed: 2361

Bulgarian Pro-Socialist Govt Plans NPP Belene Restart

Bulgaria's Socialist-endorsed government has included in its plan a possible restart of the project to build a Russian-sponsored second nuclear power plant in the Danube town of Belene.

Business » Energy | July 26, 2013, Friday // 16:31 | Viewed: 3697

Bulgarian Supreme Court Stops Construction of Radioactive Waste Depot

Bulgaria's Supreme Administrative Court (VAS) has stopped the construction of a national radioactive waste depot.

Business » Energy | July 22, 2013, Monday // 15:42 | Viewed: 2579

Park Place Announces End to Bulgaria License Dispute

Energy company Park Place Energy Corp has said it has entered into an agreement that effectively brings to an end the litigation over the grant to the company of the Vranino 1-11 Block license in Bulgaria.

Business » Energy | July 20, 2013, Saturday // 17:23 | Viewed: 1948

Bulgaria's Energy Watchdog Proposes Average 5% Decrease in Power Rates

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has proposed a decrease in electricity prices by an average 5% as of the beginning of August.

Business » Energy | July 19, 2013, Friday // 11:40 | Viewed: 2324

Bulgarian Trade Union Head: 100-150 Bulgarian MPs Involved in Green Energy Industry

Plamen Dimitrov, head of the Confederation of Independent Trade Unions in Bulgaria, CITUB, has suggested that plans to curb the capacity of Thermal Power Plant "Bobov Dol" to 850 000 MW during the next regulatory period are technically impossible because

Business » Energy | July 18, 2013, Thursday // 17:15 | Viewed: 2338

Bulgaria's Three Power Distributors Face Bankruptcy - Report

The three power distributors operating in Bulgaria, CEZ, EVN and Energo Pro, face de-facto bankruptcy due to the decrease in electricity prices in effect since March 2013, the new rules for purchasing renewable energy, and the obstructions to the reimburs

Business » Energy | July 18, 2013, Thursday // 15:46 | Viewed: 3960

Industrial Energy Consumers in Bulgaria Demand Energy Road Map

The Bulgarian Federation of Industrial Energy Consumers (BFIEC) has demanded a "roadmap" offering sustainable long-term solutions to the energy problems which takes into account the recommendations of the European Commission and the World Bank on energy s

Business » Energy | July 17, 2013, Wednesday // 18:02 | Viewed: 2617

Heating Utility in Bulgaria's Burgas to Install Biomass Boiler

The heating utility in Bulgaria's Black sea city of Burgas plans to boost its efficiency by mounting a new biomass boiler, thereby reducing the consumption of natural gas and the heating bills of its customers.

Business » Energy | July 17, 2013, Wednesday // 16:24 | Viewed: 2540

Bulgaria's Energy Minister: Diversification, Security of Gas Are Top Priorities

Economy and Energy Minister Dragomir Stoynev has assured representatives of the "Trans Adriatic Pipeline", TAP, project, that the Bulgarian government considers gas supply diversification a top priority.

Business » Energy | July 16, 2013, Tuesday // 19:19 | Viewed: 3158

Fire at Bulgaria's Lukoil Neftochim Refinery Extinguished, No Victims, Injured

A fire caused by a spark erupted in the xylenes department of Bulgaria's Burgas-based Lukoil Neftochim refinery around 11 am on Tuesday.

Business » Energy | July 16, 2013, Tuesday // 15:54 | Viewed: 17197

Varna Plans Revolt against Russian-sponsored Gas Pipeline

Residents of Bulgaria's Black Sea city of Varna are preparing to stage a protest rally against the joint Russian-Bulgarian South Stream natural gas pipeline project.

Business » Energy | July 14, 2013, Sunday // 17:31 | Viewed: 13437

BNP Paribas Loan Caused Huge Losses to Bulgaria Power Co, Probe Finds

Bulgaria’s state power utility has suffered more than BGN 36 M of losses due to the loan deal with BNP Paribas for the nuclear power plant project at Belene, an official check has shown.

Business » Energy | July 10, 2013, Wednesday // 20:50 | Viewed: 3500

Bulgaria's Energy Minister Pledges Increase in Coal Prices

Dragomir Stoynev, Bulgaria's Minister of Economy and Energy, has vowed an increase in coal prices by end-2013 from the current "unrealistically low" levels.

Business » Energy | July 9, 2013, Tuesday // 18:25 | Viewed: 3328

Bulgaria Reiterates Commitment to South Stream Project

The South Stream gas pipeline remains a project of strategic importance for Bulgaria, Bulgarian Energy and Economy Minister Dragomir Stoynev has assured Russia.

Business » Energy | July 8, 2013, Monday // 16:44 | Viewed: 4703
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria