Business » Energy

Bulgaria Electricity Company Wants to Limit Green Energy Parks

The construction of wind energy parks in Bulgaria should be limited and should not exceed 20% of the country's total electricity production capabilities.

Business » Energy | June 17, 2009, Wednesday // 20:05 | Viewed: 3125

CEZ Power Utility Introduces Monthly Bills in Bulgaria

Czech power utility CEZ, which supplies power to over 2 million households and companies in western Bulgaria, including the capital Sofia, will introducing monthly bills as of July 1.

Business » Energy | June 17, 2009, Wednesday // 08:48 | Viewed: 1344

EVN Invests EUR 95 M in Wind Power Park in Northeast Bulgaria

The Austrian energy company EVN is going to invest EUR 95 M in the construction of a wind power park near the northeast Bulgarian town of Kavarna.

Business » Energy | June 16, 2009, Tuesday // 20:48 | Viewed: 3202

Ukraine Asks Europe for USD 4 B Loan to Pay for Russian Gas

The Ukraine needs to get a loan of USD 4 B (EUR 2,9 B) from European banks in order to pay for its supplies of Russian natural gas.

Business » Energy | June 16, 2009, Tuesday // 20:08 | Viewed: 1676

Bulgaria's Natural Gas to Become 33,14% Cheaper in July 2009

Bulgaria's natural gas prices might go down by 33,14% starting July 1, 2009, according to a report of the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | June 16, 2009, Tuesday // 19:11 | Viewed: 1429

World Oil Reserves Sufficient for 42 Years

The world has enough oil reserves for 42 years at current production rates.

Business » Energy | June 11, 2009, Thursday // 12:11 | Viewed: 1749

Bulgaria Electric Company Plans Investments for BGN 70 M

The electric company E.

Business » Energy | June 9, 2009, Tuesday // 16:16 | Viewed: 2414

Bulgargaz Proposes 33% Decrease in Natural Gas Price

The state owned Bulgargaz has offered to the State Energy and Water Regulatory Commission (DKEVR) 33,14% lower natural gas price from July 1.

Business » Energy | June 8, 2009, Monday // 18:43 | Viewed: 1751

Bulgargaz Head Cancels Moscow Visit

The Bulgarian state owned Bulgargaz CEO, Dimitar Gogov, has canceled his visit to Moscow as it is certain that the danger of a new gas crisis has been avoided.

Business » Energy | June 8, 2009, Monday // 14:35 | Viewed: 1393

Ukraine Pays Dues to Russia, Gas Crisis Avoided

A new gas crisis in Europe has been avoided as the Ukraine has paid for the natural gas it received from Russia in May 2009.

Business » Energy | June 6, 2009, Saturday // 07:20 | Viewed: 1804

Bulgargaz Head Leaves for Moscow over Potential New Gas Crisis

The CEO of Bulgaria's gas monopoly Bulgargaz, Dimitar Gogov, is leaving for the Russian capital Moscow Monday for talks with Gazprom over a potential new natural gas crisis.

Business » Energy | June 5, 2009, Friday // 20:08 | Viewed: 1560

Gazprom Extends Ukraine’s Natural Gas Payment Deadline

The Russian energy giant Gazprom has extended the deadline for the payment for the natural gas that the Ukraine received in May 2009.

Business » Energy | June 5, 2009, Friday // 19:58 | Viewed: 1538

Nabucco Gas Pipeline Agreement to be Signed in Weeks

The intergovernmental agreement on the Nabucco gas pipeline project might be signed in the coming weeks.

Business » Energy | June 5, 2009, Friday // 17:18 | Viewed: 2157

Ukraine Emits Currency to Pay for Russia Gas

The Ukrainian President, Viktor Yushchenko, has decided to order the emission of hrivnias (the Ukrainian national currency) for nearly USD 500 M to pay for the Russian gas.

Business » Energy | June 5, 2009, Friday // 16:17 | Viewed: 1245

Russia Could Cut Bulgaria Gas Supply on EP Election Day

Bulgaria Energy Minister, Petar Dimitrov, has received notice from the Russian Ambassador to Bulgaria regarding a possible gas cut-off as early as June 7 - EP election day.

Business » Energy | June 5, 2009, Friday // 09:11 | Viewed: 2081

Ukraine Seeks Loans to Pay for Russian Gas

The Ukrainian government is negotiating with Russian banks for loans in order to pay for the Russian natural gas the country received in May 2009.

Business » Energy | June 4, 2009, Thursday // 20:37 | Viewed: 1593

Bulgaria Has Gas for Months Ahead in Case of Crisis

Bulgaria is completely prepared and has gas supplies for months ahead in case a new gas crisis happens.

Business » Energy | June 4, 2009, Thursday // 13:17 | Viewed: 1163

Electricity Prices Go up for Most Bulgarian Small and Medium Firms

Small and medium-sized companies from Northeast and Southeast Bulgaria are going to have to pay higher electricity prices starting July 1, 2009.

Business » Energy | June 2, 2009, Tuesday // 20:39 | Viewed: 1694

Serbia to Invest EUR 9 B in Energy Sector

Bulgaria's neighbor to the west, Serbia, is starting a new program providing for EUR 9 B of investments in its energy sector.

Business » Energy | June 1, 2009, Monday // 16:53 | Viewed: 3051

Russian Energy Projects in Bulgaria Driven by Geopolitics Not Profit

Рўhe three planned large-scale Russian energy projects in Bulgaria are unlikely to be affected by the global economic crisis as they are driven by geopolitical motives.

Business » Energy | June 1, 2009, Monday // 09:41 | Viewed: 2002

New Gas Crisis Knocks on Europe's Door

A new natural gas crisis might start next week over a Ukrainian delay in paying for the Russian gas it imports.

Business » Energy | May 30, 2009, Saturday // 15:57 | Viewed: 1448
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