Bulgarian Minister: Energy Is Key to National Security
Bulgaria is in dire need of a wide and deep energy diversification, according to Minister of Economy and Energy Traicho Traikov who spoke at the NATO parliamentary summit held in Varna Sunday.
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Business » Energy
EVN Takeover of Major Bulgarian Hydro Power Plant Expected 'in Days'
Austrian company EVN is expected to purchase a 70% stake in the Bulgarian hydro power plant project "Gorna Arda" from Turkish company Ceylan "within days", according to Bulgarian Economy Minister Traicho Traikov.
Chevron Beats BNK Petroleum in Bulgarian Shale Gas Exploration Bid
US energy giant Chevron has landed a Bulgarian shale gas exploration concession with a whopping offer of EUR 30 M, Bulgarian Economy Minister Traicho Traikov has announced.
Bulgarian Energy Minister Hints at New NPP Contract with Russia
Bulgaria's Economy and Energy Minister, Traicho Traikov, announced the country is to, most likely, present to Russia a new project for contract for the Nuclear Power Plant, NPP, in the Danube town of Belene.
Gazrpom, Srbijagas Strike Action Plan on South Stream in Serbia
Russian energy giant Gazprom and Serbia's energy company Srbijagas have signed an action plan for the implementation of the Serbian section of the South Stream gas transit pipeline.
Bulgarian Govt, Westinghouse Move Closer to Cooperation
Bulgarian Prime Minister Boyko Borisov has met with Westinghouse President for EMEA Anders Jackson and VP for Southern Europe Jose Gutierrez.
Bulgaria, Russia Still in Discord on Belene Nuclear Project Price
Bulgaria and Russia are not getting closer in reaching an agreement on the price of the project to build a second Nuclear Power Plant, NPP, in the Danube town of Belene.
EU Vows Not to Set Barriers for South Stream Gas Pipeline
The EU will not set unjustified restrictions regarding the construction of the South Stream gas pipeline, which is supposed to transit Russian gas to Europe, Gunther Oettinger, EU Energy Commissioner, stated Wednesday.
Russia to Campaign for Granting South Stream EU Priority Status
The Russian Ministry of Energy and state-run gas giant Gazprom will present the South Stream gas pipeline project at the EU headquarters in Brussels Wednesday.
TBP Offers Bulgaria New Offloading Technology for BA Oil Pipeline
Trans-Balkan Pipeline, the company in charge of the construction of the Burgas-Alexandroupolis oil pipeline, has offered the Bulgarian government a new technology for unloading oil to address environmental concerns.
Bulgaria to Sign on Nabucco Pipeline in Turkey on June 6
Bulgaria's Bulgargaz, a subsidiary of the Bulgarian Energy Holding, will participate in the official signing of an agreement on the Nabucco gas transit pipeline in Turkey on June 6, 2011.
Bulgaria's Kozloduy NPP Among World's Most Tested - EconMin
Bulgaria's Kozloduy Nuclear Power Plant is among the most scrutinized NPPs in the world, according to the country's Energy and Economy Minister, Traicho Traikov.
South Steam Shareholders to Strike New Agreement in 2011
A new shareholders' agreement for the South Stream gas transit pipeline will be signed in 2011, Gazprom CEO Alexei Miller has announced.
US Contour Global OKed to Buy Enel Stake in Bulgaria Plant
Bulgaria's antitrust regulator has given approval to US investment fund Contour Global to acquire the majority stake of Italian energy giant Enel in Maritsa East 3, a Bulgarian coal-fired plant.
Irish Island Renewable Energy Said to Eye Bulgaria Wind Park
Irish company Island Renewable Energy may build a wind park in the Northern Bulgarian Suhindol municipality,Nikolay Nikolov, its executive director for Southeast Europe, has announced.
Shale Gas to Win Bulgaria's Energy Independence - Minister
The shale gas resources in Bulgaria could greatly improve the country's energy independence and would create a new alternative for its gas needs, Bulgarian Economy and Energy Minister, Traicho Traikov, declared.
Lukoil: USD 100 Per Barrel is Fair Oil Price
The current price of oil around USD 100 per barrel is completely fair, according to Russian oil company Lukoil's president Vagit Alekperov.
Bulgarian Energy Watchdog to Raise Prices of Electricity from Renewables
Prices of electricity from wind, hydropower and biomass will be increased from July 1, Bulgaria's State Commission for Energy and Water Regulation (DKEVR), said in a statement Friday.
Bulgarian Tycoon Sells Heating Utilities to Offshore Companies
Bulgarian energy tycoon Hristo Kovachki has been allowed to sell two heating utilities to offshore companies registered in the Seychelles.
Shell VP in Sofia: Transport's Energy Efficiency Future Lies with 3 'S'-s
Smart consumption, smart machines, and smart infrastructure is the future of energy efficiency, according to Hans van der Loo, Vice President of Shell International and head of the company's EU Liaison Office.
Bulgaria Gears Up for New Gas Price Hike in July
Bulgargaz has called for a new 7.12% gas price hike from July in its latest media statement.
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