Bulgarian Lederbel Wins Black Sea Oil Bid
The Bulgarian Lederbel BG has won the tender to explore for oil in the Black Sea, region of Silistar, overcoming two other Bulgarian and one US company.
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Business » Energy
Russian Inter RAO Mulls Borrowing EUR 300 M to Buy Bulgarian TPP
Russian state-owned energy company Inter RAO considers to borrow EUR 300 M in order to buy the Bulgarian Maritsa East 3 Thermal Power Plant from the Italian Enel.
Rosneft, Exxon Mobil Sign Black Sea Oil Exploration Deal
Russian energy company Rosneft and US group Exxon Mobil have signed a USD 1 B deal for creating a joint venture to explore for oil under the Black Sea.
Bulgaria Tangled in New Gas Price Talks with Gazprom
Bulgaria's state natural gas company Bulgargaz has started a new round of talks with Russian energy giant Gazprom on the price of natural gas supplies.
New Jersey-Based Company Acquires Land for Solar Plants in Bulgaria
Euro Solar Parks, Inc., a company based in New Jersey, USA, has announced the completion of its acquisition of two land properties for solar parks in Bulgaria.
Enel in Talks with US, Russian Bidders for Bulgaria Plant - Report
Italian energy giant Enel is holding talks with US investment fund Contour Global and Russia's InterRAO for its majority stake in Maritsa East 3, a Bulgarian coal-fired plant, local media reports.
Swiss Alpiq Boosts Capacity of Wind Farm in Bulgaria
Vetrocom Limited, a subsidiary of the Swiss energy group Alpiq Holding Ltd, is set to expand up to 72.5 megawatts the capacity of its wind farm in Bulgaria, the company announced.
Toshiba Offers Bulgaria Massive Renewable Energy, Smart Grids Project
Japan's Toshiba Corporation has offered Bulgaria a large-scale project in the field of renewable energy, "smart electricity grids" and electric cars.
Critics Fear Finnish Company Can Be Russia's 'Trojan Horse' in Bulgarian NPP
Finnish company "Fortum" could be the "Trojan horse" of Russian state company Rosatom in the project for the second Bulgarian nuclear power plant Belene, according to the rightist Blue Coalition.
French Technip Inks EUR 70 M Contract For Bulgarian Refinery
French oil services company Technip has been awarded a lump sum services contract for the phase 1 of a heavy residue hydrocracking complex to be built at their refinery located in the Bulgarian city of Burgas.
BNK Petroleum Eyes Bulgarian Shale Gas Resources
BNK Petroleum has became the third US company with interest in extracting Bulgaria's shale gas, according to the Bulgarian Prime Minister Boyko Borisov.
Japan JV to Build Huge Solar Plant in Bulgaria - Nikkei
Toshiba and Tokyo Electric Power will set up a local joint venture with the Japanese government to build one of the world's largest solar power stations in Bulgaria, according to a report.
Romania NPP Expansion Threatened by Major Companies Quitting
Major companies RWE, GDF Suez and Iberdrola have decided to quit the project for the building of additional Units 3 and 4 of the Romanian Cernavoda NPP.
Bulgaria's Energy Minister Oscillates between Belene NPP and Kozloduy Expansion
The construction of two new reactors at the Kozloduy Nuclear Power Plant is on the table if Bulgaria decides against the construction of what should be its second NPP at Belene, according to Economy Minister Traikov.
Bulgaria to Start Exporting Electricity to Turkey in March
Bulgaria is expected to resume its electricity exports to Turkey at the end of March 2010, according to the head of the Bulgarian National Electric Company NEK, Krasimir Parvanov.
EC Courts Turkmenistan over Natural Gas Supplies
The EU countries see Turkmenistan as a key energy partner and are ready to purchase the country's natural gas, according to the President of the European Commission, Jose Manuel Barroso.
Bulgaria's Largest Coal Mining Company to Invest BGN 88 M in 2011
Bulgaria's largest coal mining company - Maritsa Iztok Mines EAD – has announced a massive investment plan for 2011, after in 2010, and especially in the last quarter, it registered record output and profits.
China Said to Eye New Unit at Bulgaria's Kozloduy N-Plant
China's National Nuclear Corporation has reportedly voiced interest in the building of a seventh unit at Bulgaria's Kozloduy nuclear power plant, the closure of which was one of the conditions for the country's EU accession.
EU Strikes 'Breakthrough' Natural Gas Supply Deal with Azerbaijan
The EU has made a "breakthrough" deal with Azerbaijan on the supply of natural gas to the Union from the Caucasus country and on the development of the so called Southern Gas Corridor with several major pipelines including Nabucco.
Nabucco Consortium Refutes Any Plans for Merger with South Stream
Nabucco Gas Pipeline International GmbH has formally refuted the information on merging of the Nabucco and South Stream projects stemming form a throwaway remark by the US ambassador to Italy, David Thorne.
US Joins Calls for South Stream, Nabucco Merger
The rivaling gas pipeline projects in southern Europe, South Stream and Nabucco, should combine, the US Ambassador to Italy has said, echoing statements of some of the partners in the first project.
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