Macedonia Wants to Become Gas Transit Center, Eyes Nabucco
Authorities in Macedonia are seriously looking into opportunities for the country to join Nabucco, according to Minister of Economy Fatmir Besimi, quoted by Macedonian daily Vecer.
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Business » Energy
Bulgaria's Bulgargaz Offers Lower Gas Price for Q4
The Bulgarian state owned company "Bulgargaz" has offered a 1,36% decrease pf the price for natural gas for the fourth quarter of 2010.
Bulgaria 'Present' at Russian Pipeline Meeting Unbeknownst to Govt
Bulgaria appeared to have been represented at a Wednesday's meeting in Moscow on the fate of the Burgas-Alexandroupolis oil pipeline in spite of earlier denial by the Finance Ministry.
Sofia Unaware of Moscow Wed Meeting over Oil Pipeline
Bulgaria's finance ministry has denied their representatives are expected in Moscow on September 8 for talks on the construction of the Burgas-Alexandroupolis oil pipeline.
Bulgaria, Romania Mull Joint Hydropower, Nabucco Efforts
Bulgarian and Romanian government representatives met in Bucharest and reached agreements on a number of joint energy pursuits, reported Mediafax.ro quoting the Romanian Ministry of Economy.
Financial Appraisal Deal Brings Nabucco Closer to Securing Funding
The shareholders and project company of Nabucco have singed a mandate letter with three international financial institutions for the appraisal of the future pipeline, which has been hailed as a key step forward.
Bulgaria to Get BGN 41 M Dividend from Power Utility CEZ
The Bulgarian government is going to receive a dividend of BGN 41 M from the Czech-owned power utility CEZ Bulgaria.
Italy's Enel to Sell Bulgarian Power Plant in Fall 2010
CEO of Enel SpA, Fulvio Conti, has said the Italian company will sell its stake in Bulgaria's Maritsa East 3 power plant in the fall of 2010.
Russian President Replaces Rosneft CEO - Report
Russian President Dmitri Medvedev had ordered the cabinet to nominate Eduard Khudaynatov for President of Rosneft, the Russian information agency RIA Novosti reports, citing a Kremlin spokesperson.
Bulgarian President Mysteriously Certain of Bright Future for Belene NPP
Bulgaria has come very close to the construction of its second nuclear power plant in Belene, according to President Georgi Parvanov.
Russia, Turkey Fall Out over Samsun-Ceyhan Oil Pipeline Project
Russia and Turkey will be starting their negotiations for the construction of the Samsun-Ceyhan oil pipeline from scratch because of disagreements, announced Russian company Transneft.
Bulgaria Opposition Slams EVN Stake in Hydro Project
Bulgaria's left-wing opposition have harshly criticized an agreement under which Austrian utility EVN acquired a majority stake in the hydro project on the Arda river, known as Gorna Arda.
UK JKX Spuds Bulgarian Wells
Britain's JKX Oil & Gas, the operator of the B1-Golitza license in Bulgaria, began on Thursday a two-well drill program in the country to test targets with an estimated resource of up to 60 billion cubic feet (Bcf).
Regulations Chaos in Bulgaria Said to Repulse Renewable Energy Investors
Chaos and red tape in Bulgaria's regulations are believed to be a major obstacle to attracting large-scale foreign investments in renewable energy, according to analyst Zlatin Sarastov.
Bulgarian Power Utilities' Audits on Their Way to Prosecutor
The audits of the three Bulgarian power utilities have already been sent to the Prosecutor's Office, the Head of the State Commission for Energy and Water regulation (DKEVR), Angel Semerdzhiev, announced Tuesday.
French GDF Suez Set to Enter Bulgarian Energy Market
The Romanian affiliate of the French electricity generation and distribution company Gas de France Suez (GDF Suez) has submitted an application for a license in Bulgaria.
RWE Strikes Deal with Iraq Kurds for Nabucco
RWE Group AG, Germany's second- largest utility, announced it has signed a cooperation agreement with the Kurdistan Regional Government in Iraq, which included future gas supply for the Nabucco pipeline project.
US Companies Expected to Focus on Bulgaria's Nuclear, Renewable Energy, Shale Gas
American companies are showing increased interest in various energy projects in Bulgaria, the new Bulgarian Ambassador to the USA, Elena Poptodorova told Novinite.com (Sofia News Agency) in an exclusive interview.
Bulgarian Energy Minister: Serbia, Others Have 'General' Interest in Belene NPP
Serbia, Greece and Croatia have an interest in investing in future Bulgarian Belene NPP "just in principle" and no specific offers have been extended this far, said Bulgarian Minister of Energy Traicho Traikov.
Bulgaria Ups Renewable Energy Production
Bulgaria's energy production from renewable sources by the end of 2010 will be 3 times more than the one in 2009, according to Plamen Dechev from the State Commission for Energy and Water Regulation (DKEVR)
Bulgarian Economy Minister: Nuclear Plant Cost Up to EUR 9 B
Bulgaria's Economy and Energy Minister, Traicho Traikov, announced Thursday the price for the project to build a second Nuclear Power Plant in the Bulgarian Danube town if Belene has reached EUR 9 B.
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