Business » Energy

Shell Kicks Off Oil, Gas Exploration in Silistar Block

Oil giant Shell has completed a stage of oil and gas exploration in the Silistar offshore block, in Bulgaria's Black Sea zone.

Business » Energy | March 2, 2017, Thursday // 08:32 | Viewed: 7320

EVN Puts Gorna Arda Hydro Power Cascade on Hold

EVN AG has informed all stakeholders the project for the realization of the Hydro Power Cascade is put on hold.

Business » Energy | March 1, 2017, Wednesday // 07:57 | Viewed: 35866

South Stream 'Could Be Revisited' after Bulgaria Election - Hungary FM

Hungary's Foreign Minister has argued the abandoned South Stream gas pipeline project could be revisited following the early election in Bulgaria next month.

Business » Energy | February 28, 2017, Tuesday // 10:06 | Viewed: 6619

Consultative Council on South Gas Corridor To Meet in Baku

The third meeting of the Consultative Council on the project South Gas Corridor will start in Baku on Thursday.

Business » Energy | February 23, 2017, Thursday // 08:54 | Viewed: 33061

Azerbaijan Waiting for Bulgaria To Construct Gas Link With Greece

The construction of the gas link between Bulgaria and Greece is expected to start in the beginning of 2018, stated interim Energy Minister Nikolay Pavlov in Azerbaijan.

Business » Energy | February 22, 2017, Wednesday // 16:11 | Viewed: 57567

KEVR: Bulgargaz' Demand for 32% Hike in Gas Prices Is Unjustifiably High

The chairman of the Energy and Water Regulatory Commission (KEVR) Ivan Ivanov reckons that the demand of Bulgargaz for a 32% hike in the price of natural gas as of April 1 is unjustifiably high.

Business » Energy | February 16, 2017, Thursday // 17:01 | Viewed: 5146

Bulgaria 'Seeking South Stream Project Revival'

Bulgaria is seeking to take in part of the Ukrainian gas transit, the head of an influential private-sector engineering organization has said.

Business » Energy | February 16, 2017, Thursday // 13:58 | Viewed: 5157

South Stream Project Will Be Carried Out, Russian Official Says

The abandoned South Stream gas pipeline project designed to pump Russian gas into Central Europe via Bulgaria "will probably be carried out," Russia's commercial attaché to Bulgaria has said.

Business » Energy | February 15, 2017, Wednesday // 08:06 | Viewed: 6351

EVN, NEK Settle Old, Multi-million Dispute

Austrian energy company EVN has reached an out-of-court settlement with the National Electric Company (NEK) on an old dispute dating back to 2012 – 2013.

Business » Energy | February 14, 2017, Tuesday // 16:26 | Viewed: 3538

Bulgargaz Demands 32.44% Increase in Gas Prices

Bulgaria's state-owned gas supplier has announced the prices of natural gas will have to go up by nearly a third as of April this year.

Business » Energy | February 13, 2017, Monday // 09:25 | Viewed: 3499

No Risk of Nuclear Pollution After Blast at French NPP

French authorities have announced that there is no danger of nuclear pollution after the explosion which took place at the nuclear power plant in northwestern France before noon on Thursday.

Business » Energy | February 9, 2017, Thursday // 15:41 | Viewed: 15124

EU Commission Questions Bulgaria's Move to Halt Electricity Exports in January

The European Commission will review a decision of Bulgaria to stop exporting electricity on January 13, an official has said.

Business » Energy | February 9, 2017, Thursday // 10:53 | Viewed: 3350

EC To Conduct Market Survey Before Deciding on Gazprom Fine

The European Commission will conduct a market survey before deciding finally whether to fine Russian company Gazprom or make a deal with it, stated European Commissioner for Competition Margrethe Vestager.

Business » Energy | February 8, 2017, Wednesday // 17:44 | Viewed: 12556

Reshuffles in Bulgaria's Energy Ventures

The Bulgarian Energy Holding (BEH) has embarked on massive overhauls in the management of key state-owned energy companies.

Business » Energy | February 8, 2017, Wednesday // 08:40 | Viewed: 3238

Putin Seals Turkish Stream Pipeline Deal

Russian President Vladimir Putin has signed a federal law ratifying the agreement between Moscow and Ankara on building Turkish Stream pipeline.

Business » Energy | February 8, 2017, Wednesday // 07:44 | Viewed: 13145

Bulgaria to Renew Electricity Exports

Electricity exports from Bulgaria to neighbouring countries will continue as of 01:00 local time (EET) on February 09, the Energy Ministry says.

Business » Energy | February 8, 2017, Wednesday // 07:17 | Viewed: 9357

Putin Promises Hungary Funds for Paks NPP

Russia is ready to finance fully the expansion of the only nuclear power plant in Hungary, stated Russian President Vladimir Putin after meeting Hungary’s PM Viktor Orban in Budapest, cited by RIA Novosti.

Business » Energy | February 4, 2017, Saturday // 15:02 | Viewed: 9810

Bulgaria 'Lacked the Manliness' to Build South Stream, Putin Says

Russian President Putin said on Thursday his country didn't feel offended about Bulgaria and other countries' decision not to carry through the South Stream gas pipeline project due to their lack of "manliness".

Business » Energy | February 3, 2017, Friday // 10:36 | Viewed: 7630

Moscow: Hungary Could Join North Stream, Turkish Stream

In the near future, Hungary could join the projects of Gazprom North stream and Turkish Stream, announced Yuri Ushakov, aide to Russia’s President on the eve of Putin’s visit to Budapest.

Business » Energy | February 1, 2017, Wednesday // 20:12 | Viewed: 3549

Russia’s Federation Council Approves Turkish Stream Law

The Federation Council of Russia has approved the law for the ratification of the agreement between the governments of Russia and Turkey on the Turkish Stream pipeline.

Business » Energy | February 1, 2017, Wednesday // 17:00 | Viewed: 2719

CEZ Mulls Selling its Business in Bulgaria

Czech-based holding CEZ said late in January it considered withdrawing from the Bulgarian market.

Business » Energy | February 1, 2017, Wednesday // 09:49 | Viewed: 7379
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