A change in electricity prices can be introduced no earlier than April 1, according to Yuliana Ivanova, outgoing Chair of Bulgaria's State Commission for Energy and Water Regulation (DKEVR).
Sergey Stanishev, former Prime Minister and leader of the Bulgarian Socialist Party (BSP), has suggested that the party will treat the implementation of the Belene nuclear power plant (NPP) project as a priority in the next Parliament, if given a mandate
Bulgaria's government has extended the oil and gas exploration permit of Scottish Melrose Resources for the Galata field in the Black Sea block by 166 days.
The Bulgarian State has ceded Wednesday from an earlier decision to immediately strip the local unit of power distributor CEZ of license.
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has launched a procedure for stripping the local unit of power distributor CEZ of license.
Czech Prime Minister Petr Necas has argued that a potential withdrawal of the license of energy company CEZ for Bulgaria would be a strongly politicized step ahead of the forthcoming parliamentary elections in the country.
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) held an emergency closed-doors meeting late on Tuesday to discuss a potential withdrawal of the license of power distributor CEZ.
Representatives of three opposition parties have boycotted the session of Bulgaria's Parliamentary Economic Committee during a discussion of amendments to the Energy Act concerning the appointment of the members of the State Commission for Energy and Wate
Czech energy group CEZ has argued that its activity in Bulgaria is in line with all regulatory and statutory requirements and there is no reason for a withdrawal of its license.
Bulgarian Prime Minister Boyko Borisov revealed Tuesday that he has been invited to Moscow by Russian President Vladimir Putin and Prime Minister Dmitry Medvedev.
Bulgaria's prime minister has said that a nationalization of power distributors, which has been proposed to appease public discontent with high electricity bills, is out of the question.
Bulgaria will revoke the license of the local unit of Czech power utility CEZ to operate the country's national grid by the end of the day, the prime minister said on Tuesday.
Bulgaria's prosecutor office will propose revoking the license of the local unit of Czech power utility CEZ to operate the country's national grid.
Czech-owned power utility CEZ has issued a statement noting the company has fulfilled all of its obligations under the clauses of the privatization contract from 2004.
The prosecution in Bulgarian capital Sofia has launched proceedings against recently fired head of the national energy regulator agency Angel Semerdzhiev.
The Czech anti-corruption police are investigating 70% state-owned power company CEZ AS, which also owns the power utility with the same name in charge of electricity distribution in Western Bulgaria.
Bulgarian Economy and Energy Minister Delyan Dobrev has said that a nationalization of power distributors, which has been proposed to appease public discontent with high electricity bills, is out of the question.
Bulgarian energy watchdog is considering the option of revoking the license of the local unit of Czech power utility CEZ to operate the country's national grid.
The mass protests against high electricity bills that swept Bulgaria's capital Sofia on Sunday has forced Czech power utility CEZ to offer compensations to its disgruntled clients.
Yuliana Ivanova, the new Chair of the State Commission for Energy and Water Regulation (DKEVR), has been dismissed just four days after her appointment.
Several hundred protesters rallied in Bulgaria's capital Sofia on Sunday against the excesses of power and heating utilities in a continuation of recent wave of protests over high electricity and heating bills.
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