Business » Energy

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: 2690

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: 9384

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: 2109

Bulgaria's PM: Surplus Is Biggest Problem of Energy Sector

Bulgaria's caretaker Prime Minister, Marin Raykov, said Wednesday that the biggest problem in the country's energy sector was the surplus production of electricity.

Business » Energy | May 22, 2013, Wednesday // 13:15 | Viewed: 3443

Nabucco West Project Member-States Adopt Joint Declaration

The governments of Austria, Hungary, Romania, Bulgaria and Turkey adopted Tuesday a joint declaration stressing the potential of Nabucco to supply the energy markets of the Western Balkans and the Visegrad group countries (Poland, Slovakia, the Czech Repu

Business » Energy | May 21, 2013, Tuesday // 16:19 | Viewed: 3735

EC: Bulgaria Has Lowest Power Tariffs in EU

Bulgaria has the lowest electricity prices in the EU, yet gas prices are among the highest in the EU27, according to recent data of the European Commission.

Business » Energy | May 17, 2013, Friday // 17:07 | Viewed: 2241

National Regulators Confirm Extension of Nabucco Third-Party Exemption

The national regulatory bodies of Austria, Hungary, Romania and Bulgaria have adopted a draft decision confirming the extension of the existing 50% exemption from EU legislation on third party access granted to Nabucco.

Business » Energy | May 14, 2013, Tuesday // 14:37 | Viewed: 2413

Bulgarians Rise against Romania Shale Gas 'Fracking' Permit

Bulgarians in the northeastern city of Dobrich are going to stage a new wave of protest rallies against the use of the hydraulic fracturing technology in neighboring Romania.

Business » Energy | May 11, 2013, Saturday // 13:21 | Viewed: 8247

Bulgarian Minister to Inspect Legality of Capacity Restrictions on Renewable Energy Plants

Caretaker Deputy Prime Minister Ekaterina Zaharieva has ordered an inspection whether the restrictions on the production of renewable energy imposed by the Electricity System Operator (ESO) are in line with Bulgarian and EU law.

Business » Energy | May 10, 2013, Friday // 19:47 | Viewed: 15798

Bulgarian-Turkish Working Groups to Speed Up Bilateral Energy Projects

Asen Vasilev, caretaker Minister of Economy, Energy and Tourism, and his Turkish counterpart Taner Yildiz have agreed on the creation of two working groups tasked with fast-tracking the main energy projects between the two countries.

Business » Energy | May 10, 2013, Friday // 18:04 | Viewed: 2237

State-Owned Bulgargaz Expects Gas Prices to Remain Unchanged in Q3, 2013

State-owned gas supplier Bulgargaz has suggested that gas prices in Q3, 2013 should remain unchanged from Q2, 2013.

Business » Energy | May 10, 2013, Friday // 15:37 | Viewed: 1705

Bulgaria's Energy Minister to Meet Turkish Counterpart in Istanbul

Bulgaria's caretaker Economy and Energy Minister Asen Vasilev and his Deputy Bozhan Stoyanov will pay a working visit to Turkey.

Business » Energy | May 9, 2013, Thursday // 13:38 | Viewed: 2094

Romania Gives Green Light to Shale Gas Fracking near Bulgarian Border

Romania's Environment Protection Agency has issued permits to US energy giant Chevron to explore shale gas in two blocks near the Bulgarian border.

Business » Energy | May 8, 2013, Wednesday // 19:36 | Viewed: 3727

Bulgaria Completes Eco Permit Procedure for Nabucco Pipeline Section

The issuance of an environmental permit for the 424km Bulgarian section of the Nabucco gas pipeline has been completed.

Business » Energy | May 8, 2013, Wednesday // 18:06 | Viewed: 2604

Bulgarian Caretaker PM: Kozloduy NPP CEO Here to Stay

The CEO of Bulgaria's only operational nuclear power plant in Kozloduy, Valentin Nikolov, will not be fired, caretaker prime minister Milen Raykov confirmed on Tuesday.

Business » Energy | May 7, 2013, Tuesday // 14:24 | Viewed: 1907

Nabucco Announces Launch of Open Session Process

Nabucco Gas Pipeline International GmbH has announced the launch of the Open Season process for capacity booking in the Nabucco pipeline.

Business » Energy | May 6, 2013, Monday // 18:16 | Viewed: 2375

Bulgaria's Power Grid Hits Bottom Load during Easter Holidays

After experiencing problems for over a month due to low consumption, Bulgaria's power grid suffered a new blow during the Easter holidays.

Business » Energy | May 6, 2013, Monday // 12:35 | Viewed: 3097

Bulgarian PM Makes Mysterious U-Turn in NPP CEO Sacking

Bulgaria's Kozloduy NPP CEO Valentin Nikolov will not be released from duty, according to Bulgarian caretaker PM Marin Raykov.

Business » Energy | May 5, 2013, Sunday // 18:52 | Viewed: 1740

Bulgaria Shuts Kozloduy NPP Reactor for Repairs

One of the two 1000 MW reactors of the only Bulgarian nuclear power plant "Kozloduy" has been switched off for repairs, the NPP announced.

Business » Energy | May 3, 2013, Friday // 14:47 | Viewed: 5278

Bulgarian Renewable Energy Producers Demand Resignation of Caretaker Minister

The Bulgarian Photovoltaic Association (BPVA) has called for the resignation of Asen Vasilev, caretaker Minister of Economy, Energy and Tourism, over discriminatory treatment of renewable energy producers.

Business » Energy | April 30, 2013, Tuesday // 16:27 | Viewed: 2808

Customs: Tax Warehouse of Lukoil Bulgaria Non-Compliant

A newly completed inspection of Customs Agency officials at the tax warehouse of fuel retailer Lukoil Bulgaria has indicated noncompliance with the legal requirements.

Business » Energy | April 26, 2013, Friday // 18:14 | Viewed: 2333
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