Business » Energy

Bulgaria Mulls Unilateral Declassification of Gas Contract with Gazprom

Bulgaria is studying the opportunities to resort to unilateral declassification of the gas supply contract between Bulgaria and Gazprom, according to Asen Vasilev, caretaker Minister of Economy, Energy and Tourism.

Business » Energy | April 26, 2013, Friday // 15:13 | Viewed: 2865

Bulgaria's Power Grid Operator Extends Capacity Restrictions for Renewable Energy Plants

The restrictions on the capacity of renewable energy plants serviced by the three distributors operating in Bulgaria will remain in force on Friday.

Business » Energy | April 25, 2013, Thursday // 20:38 | Viewed: 2503

Inspection Clears Fuel Retailer Lukoil Bulgaria of Irregularities

Fuel retailer Lukoil Bulgaria has published the results of an inspection by an independent authority concluding that the petrol bases of the company have been fully equipped with the mandatory measuring devices.

Business » Energy | April 25, 2013, Thursday // 20:03 | Viewed: 2897

Ex Chair of Bulgaria's Energy Watchdog Found Guilty of Conflict of Interest

A Bulgarian watchdog has found Angel Semerdzhiev, former Chair of the State Commission for Energy and Water Regulation (DKEVR), guilty of conflict of interest.

Business » Energy | April 25, 2013, Thursday // 18:50 | Viewed: 2256

Renewable Energy Power Plants in Bulgaria to Function at Reduced Capacity for 7 Hrs on Thursday

The three power distributors functioning in Bulgaria, CEZ, Energo-Pro and EVN, will introduce temporary restrictions on the production of electricity by renewable energy power plants.

Business » Energy | April 25, 2013, Thursday // 16:02 | Viewed: 2396

Bulgaria's Caretaker PM Attempts to Resolve Dispute between Customs Agency, Fuel Retailer

Bulgaria's caretaker Prime Minister Marin Raykov has described the dispute between the Customs Agency head and fuel retailer Lukoil Bulgaria as a "micro-drama", stressing that the disagreement was not supposed to affect common people.

Business » Energy | April 24, 2013, Wednesday // 16:08 | Viewed: 1658

Bulgaria's Customs Agency Infuriated by Restored License of Fuel Retailer Lukoil

Bulgaria's Customs Agency has come up with a media statement commenting on the stopped preliminary execution of the decision to suspend a license of fuel retailer Lukoil Bulgaria EOOD for running a tax warehouse.

Business » Energy | April 24, 2013, Wednesday // 13:19 | Viewed: 2266

Lukoil’s Bulgaria Refinery Has License Restored by Court

The Bulgarian refiner owned by Russia's Lukoil has had restored its fuel storage and transportation license, the administrative court decided on Tuesday.

Business » Energy | April 24, 2013, Wednesday // 07:57 | Viewed: 5137

Bulgarian Taxpayers Shell 1 B for Illegal Electricity Export

Bulgarian taxpayers have been cheated of at least BGN 1 B as their money was used to pay for illegal export of electric power.

Business » Energy | April 23, 2013, Tuesday // 13:48 | Viewed: 3425

Citigroup to Organize Refinancing of BNP Paribas Loan of Bulgaria's Power Co

Citigroup will organize the refinancing the loan of the National Electric Company (NEK) to BNP Paribas, according to a media statement of the Bulgarian Energy Holding (BEH).

Business » Energy | April 23, 2013, Tuesday // 13:12 | Viewed: 4147

Bulgarian Energy Holding Welcomes 2 New Board Members

Bozhan Stoyanov and Todor Shopov have been appointed members of the Board of Directors of the Bulgarian Energy Holding (BEH).

Business » Energy | April 23, 2013, Tuesday // 10:33 | Viewed: 4134

Ex Bulgarian Energy Minister: 8 Companies to Bid for Gas Exploration in Block 1-22 Teres

Former Bulgarian Economy and Energy Minister Delyan Dobrev has reported positive feedback about the presence of around 3 billion cubic meters of gas near the southern city of Svilengrad and the extraction can start within three years.

Business » Energy | April 22, 2013, Monday // 18:04 | Viewed: 3273

Bulgarian Customs Withdraw Lukoil License, Again

The Bulgarian Customs Agency has withdrawn a fuel storage and transportation license held by Lukoil Bulgaria, due to grave violations in accounting for volumes passing through its network.

Business » Energy | April 22, 2013, Monday // 12:49 | Viewed: 2076

Bulgarian Energy Minister to Announce Reshuffles

Bulgarian Minister of Economy and Energy Asen Vasilev is expected to reveal Monday the reshuffles in his ministry that he first spoke of last week.

Business » Energy | April 22, 2013, Monday // 11:07 | Viewed: 1542

Unit 5 of Bulgaria's Nuclear Plant Back in Line after Minor Fault

Unit 5 of Bulgaria's Kozloduy nuclear power plant, which suffered a technical problem last week, has been switched back on and is functioning properly.

Business » Energy | April 20, 2013, Saturday // 14:45 | Viewed: 1829

Sacked Bulgarian CEO: NPP Kozloduy Is in Thriving State

The CEO of Bulgaria's only operational nuclear power plant in Kozloduy, Valentin Nikolov, who was fired Friday, firmly denies violations have been committed during his management of the plant.

Business » Energy | April 19, 2013, Friday // 18:53 | Viewed: 2042

Bulgarian Caretaker Govt Sacks Kozloduy NPP CEO

The CEO of Bulgaria's only operational nuclear power plant in Kozloduy, Valentin Nikolov, has been fired over the results of a probe.

Business » Energy | April 19, 2013, Friday // 16:27 | Viewed: 2870

Raiffeisenbank, EBRD Join Efforts on Sustainable Energy in Bulgaria

The Bulgarian branch of the Austrian Raiffeisenbank and the European Bank for Reconstruction and Development (EBRD) have signed a second line of credit under a program for energy efficiency and renewable energy.

Business » Energy | April 19, 2013, Friday // 08:38 | Viewed: 2482

Bulgaria Starts Searching Suppliers for Gas Link with Romania

A procedure for filling the entire capacity of the Ruse-Giurgiu section of the Bulgaria-Romania gas grid interconnection, which is currently being built, will be announced in May, according to Kiril Temelkov, CEO of state-owned gas transmission operator B

Business » Energy | April 18, 2013, Thursday // 14:11 | Viewed: 3003

Bulgaria with Europe's Highest Pain-at-the-Pump Score

It is small wonder that Bulgarians find it difficult to fill up their car tank since the country has the highest pain-at-the-pump score in Europe, according to a survey.

Business » Energy | April 18, 2013, Thursday // 13:05 | Viewed: 1862

Bulgaria President Talks Nabucco, Lifting of Labor Restrictions in London

British Prime Minister David Cameron has assured Bulgarian President Rosen Plevneliev that the labor restrictions for Bulgarians and Romanians will be lifted on January 1, 2014.

Business » Energy | April 18, 2013, Thursday // 10:08 | Viewed: 2059
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