Business » Energy

Bulgaria's Natural Gas Price Unchanged after July 1

The adjustment of natural gas prices every 3 months remains in place, but a price change from July 1 is unlikely, the chair of the State Commission on Energy and Water Regulation, Evgenia Haritanova, said.

Business » Energy | June 4, 2013, Tuesday // 15:22 | Viewed: 2162

Bulgaria's Ombudsman Moves to End Heating Utility Monopoly

Bulgarian Ombudsman Konstantin Penchev has submitted a report to Parliament proposing amendments to the Energy Act aimed at terminating the dictatorship of energy monopolies.

Business » Energy | June 4, 2013, Tuesday // 12:18 | Viewed: 2272

Bulgaria's Energy Minister: No Restart of Belene NPP on June 5

Bulgaria's new Minister of Economy and Energy, Dragomir Stoynev, has rejected claims that the government is planning to restart the Belene NPP on June 5, adding that no political decision on the step has been taken.

Business » Energy | May 31, 2013, Friday // 19:01 | Viewed: 15211

Trade Unions: Bulgaria's Maritsa Iztok Mines Driven to Bankruptcy

Trade union representatives at Bulgaria's state-owned Maritsa Iztok Mines have cautioned that the company faces a tough financial situation, with efforts underway to freeze bank accounts, cut jobs and delay salaries of workers.

Business » Energy | May 31, 2013, Friday // 16:23 | Viewed: 2566

Bulgarian Energy Watchdog Forecasts Price Freeze until Sept 1

Electricity bills in Bulgaria will be frozen at least until September 1, the Chair of the State Commission of Energy and Water Regulation (DKEVR), Evgenia Haritonova, announced Friday.

Business » Energy | May 31, 2013, Friday // 15:17 | Viewed: 2232

Bulgarian Nationalist Leader Eager to Revive Belene N-Plant

Volen Siderov, leader of Bulgaria’s nationalist Ataka (Attack) party, has reiterated his stance that the abandoned Belene nuclear power plant project should be revived.

Business » Energy | May 31, 2013, Friday // 14:46 | Viewed: 2575

Bulgaria's Energy Ministry Lifts Restrictions on Renewable Electricity Generation

Bulgaria's Ministry of Economy has ordered the Electricity System Operator, ESO, to stop imposing restrictions on the production of energy by wind farms and photovoltaic plants on a regular basis.

Business » Energy | May 30, 2013, Thursday // 17:19 | Viewed: 3010

Bulgaria's New PM Hints of Reviving Belene N-Plant Project

Bulgaria’s newly sworn-in Prime Minister has stated that the country’s abandoned Belene nuclear power plant project may be revived.

Business » Energy | May 30, 2013, Thursday // 12:17 | Viewed: 4350

World Bank: Bulgaria Loses BGN 2 M Daily from Energy Mess

The excess of electric power generating capacity of Bulgaria is so large that there will be a surplus of energy in the country even in 2030 when consumption will be higher.

Business » Energy | May 29, 2013, Wednesday // 08:36 | Viewed: 9427

Gazprom Moves to Swallow Greece's DEPA

The Greek government has favorably changed privatization conditions for gas company DEPA in a procedure where the sole large bidder is Russian gas giant Gazprom.

Business » Energy | May 28, 2013, Tuesday // 17:11 | Viewed: 2238

Bulgaria's Caretaker Govt: MPs Should Elect Energy Watchdog

Bulgaria's caretaker government proposes to have the Parliament elect the members of the State Commission for Energy and Water Regulation, DKEVR.

Business » Energy | May 28, 2013, Tuesday // 16:34 | Viewed: 2456

Bulgarian Energy Watchdog Freezes Prices Pending New Law

The electricity bills will not go up from 1 July, the National Commission of Energy and Water Regulation (DKEVR) announced.

Business » Energy | May 28, 2013, Tuesday // 15:43 | Viewed: 2068

EC to Bulgaria: Shut Down Inefficient Power Plants!

The European Commission has released its report on the Bulgarian energy sector, making a bleak prognosis of shrinking electricity consumption due to population decline in the next 10 years.

Business » Energy | May 28, 2013, Tuesday // 15:33 | Viewed: 2156

World Bank, EC Slam Bulgaria's Energy Sector

Non-transparency in the management of State-owned companies, a widespread sense of corruption and an insufficiently independent regulator to control the entire energy system, are just some of the findings of the World Bank.

Business » Energy | May 28, 2013, Tuesday // 14:01 | Viewed: 4230

France's GDF Suez Buys 9% Stake in Nabucco West

France's GDF Suez has agreed to buy around 9% in the Nabucco West gas pipeline project from Austria's OMV.

Business » Energy | May 28, 2013, Tuesday // 12:46 | Viewed: 2017

Unit 6 of Bulgaria's Kozloduy NPP Suffers Brief Shutdown

The turbo generator of unit six of Bulgaria's sole nuclear power plant, the Kozloduy NPP, was disconnected from the power grid Tuesday morning to fix a minor technical problem.

Business » Energy | May 28, 2013, Tuesday // 11:26 | Viewed: 1206

Concessionaire Disappointed with Bulgarian Gas Explorations

Petroceltic International has announced it might give up on natural gas explorations on the Bulgarian Black Sea coast, as it did not manage to obtain enough volume to justify commercial production.

Business » Energy | May 25, 2013, Saturday // 13:48 | Viewed: 3072

Petroceltic Abandons Bulgarian Black Sea Well

Dublin-based oil and gas explorer Petroceltic International is to abandon an exploration well off the Bulgarian coast that failed to yield enough gas to justify commercial production.

Business » Energy | May 24, 2013, Friday // 14:50 | Viewed: 7823

Bulgaria Pays BNP Paribas Loan of National Power Co

Bulgaria's National Electric Company (NEK) paid its debt of EUR 195 M to BNP Paribas on Tuesday, the maturity date, according to Mihail Andonov, CEO of the Bulgarian Energy Holding (BEH).

Business » Energy | May 22, 2013, Wednesday // 14:20 | Viewed: 2682

Bulgaria's EconMin: Legislation Can Stabilize Energy Sector

The stabilization of the energy sector will not happen without legislative changes, according to caretaker Economy and Energy Minister, Asen Vasilev.

Business » Energy | May 22, 2013, Wednesday // 13:59 | Viewed: 9371

Bulgaria's GERB: Energy Watchdog Must Be Elected by Parliament

Center-right party GERB has proposed amendments to the Energy Act stipulating that the panel of the State Commission for Energy and Water Regulation (DKEVR) should be appointed by Parliament with a 2/3 majority and not by government.

Business » Energy | May 22, 2013, Wednesday // 13:39 | Viewed: 2107
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