Business » Energy

Liberalisation of Energy Market in Bulgaria Likely to Lead to Power Price Hike

The forthcoming liberalisation of the energy market in Bulgaria is likely to lead to an increase in the prices of the electricity in the country.

Business » Energy | November 29, 2015, Sunday // 14:57 | Viewed: 789

Bulgaria Opens Tender for Oil/Gas Exploration in Varna Region

Bulgaria has opened a tender for prospecting for oil and gas in Block 1-24 Kitka in Varna Region.

Business » Energy | November 27, 2015, Friday // 17:38 | Viewed: 1972

Bulgaria Reports No Change in Russian Gas Supply, Transit Volumes

Bulgaria said on Wednesday that supplies of Russian natural gas to the country and the volumes for transit to its neighbours are flowing normally - several hours after Russia said it has stopped supplying gas to Ukraine.

Business » Energy | November 25, 2015, Wednesday // 18:13 | Viewed: 1900

Gazprom Suspends Gas Deliveries to Ukraine

Russian energy concern Gazprom has stopped supplying UKriane with gas, with CEO Alexey Miller saying Kiev is failing to make the payments needed.

Business » Energy | November 25, 2015, Wednesday // 09:57 | Viewed: 1338

French, US Companies 'Interested' in Supplying Gas to Bulgaria

French company Engie and US-based Cheniere have confirmed they are interested in importing natural gas to Bulgaria starting in 2016, a specialized energy website has announcedIt also quotes Ivan Ivanov, head of Bulgaria's energy watchdog KEVR, as saying a

Business » Energy | November 24, 2015, Tuesday // 10:18 | Viewed: 2276

Bulgaria Expects Offers for EUR 650 M Loan to Energy Holding Co. in 2-3 Weeks

The Bulgarian Energy Holding company has invited potential lenders to extend a loan of up to EUR 650 M, BNR radio broadcaster reported on Monday.

Business » Energy | November 23, 2015, Monday // 20:13 | Viewed: 1979

Agreement on Bulgaria-Greece Gas Interconnector to be Signed on December 10

The investment agreement on the construction of the planned natural gas interconnector between Bulgaria and Greece (IGB) is expected to be signed on December 10.

Business » Energy | November 21, 2015, Saturday // 16:10 | Viewed: 2505

Bulgaria, Slovakia to Demand Equal EU Treatment of Pipeline Projects

Sofia and Bratislava will push for Nord Stream II and South Stream gas pipeline projects to be put on an equal footing by the EU Commission, Bulgarian Deputy PM Meglena Kuneva has said.

Business » Energy | November 18, 2015, Wednesday // 10:10 | Viewed: 2592

Bulgaria to Launch Direct Talks with Banks over Debt Financing of Energy Holding

An attempt by the Bulgarian Energy Holding (BEH) to raise EUR 650 M through a loan or a bond issue has failed and now the state-owned will move to direct talks with interested banks, Deputy Energy Minister Nikolay Nikolov said on Thursday.

Business » Energy | November 12, 2015, Thursday // 22:01 | Viewed: 2217

Bulgaria Says Final Investment Decision Pending on Gas Link with Greece  

Shareholders in the project for the construction of a gas transit interconnection between Greece and Bulgaria have agreed on the clauses of the development contract, Bulgaria’s Energy Minister Temenuzhka Petkova has said.

Business » Energy | November 10, 2015, Tuesday // 14:37 | Viewed: 2670

Russia’s Rosatom Wraps up Upgrade of Bulgaria’s Kozloduy NPP Unit 6

Russia’s Rosatom Service said on Monday it has completed an upgrade of Unit 6 of Bulgaria’s Kozloduy nuclear power plant (NPP) designed to extend its lifespan.

Business » Energy | November 9, 2015, Monday // 19:44 | Viewed: 2212

Ukraine, Baltics Warn Nord Stream-2 Poses Risk to EU Energy Security

A planed "Nord Stream 2" pipeline will hurt the EU's security and help Russia control the bloc's energy markets, Ukrainian Prime Minister Arseniy Yatsenyuk opined on Thursday.

Business » Energy | November 6, 2015, Friday // 13:50 | Viewed: 2532

Bulgaria's Energy Watchdog Cuts Power Prices for Businesses

The Bulgarian energy regulator KEVR announced Sunday it was lowering a "duty to society" surcharge on power prices for industrial consumers.

Business » Energy | November 1, 2015, Sunday // 21:47 | Viewed: 2467

Bulgarian PM Dismisses Deputy Energy Minister

Bulgaria's Prime Minister Boyko Borisov has dismissed Deputy Energy Minister Anton Pavlov, the government's press office has said.

Business » Energy | October 30, 2015, Friday // 17:22 | Viewed: 3071

Bulgaria-Greece Gas Link Gets BGN 215 M in State Guarantee

Bulgaria's government is to issue guarantees worth BGN 215 M (EUR 109 M) for the Interconnector Greece-Bulgarai (IGB) project in 2016, the cabinet's press office has said.

Business » Energy | October 28, 2015, Wednesday // 15:20 | Viewed: 3099

Bulgaria Regulator Proposes Power Price Cut for Industrial Consumers

Bulgaria’s energy regulator has proposed to cut the ‘duty to society’ fee levied on power prices for industrial consumers which was increased in August.

Business » Energy | October 22, 2015, Thursday // 18:35 | Viewed: 2548

Rosatom to Modernise Generator Equipment of Bulgaria's Kozloduy NPP

Russia's Rosatom will modernise the generator equipment of unit 5 of Bulgaria's Kozloduy nuclear power plant (NPP).

Business » Energy | October 18, 2015, Sunday // 12:41 | Viewed: 2870

No Price Caps Discussed for Power from AES, ContourGlobal Plants in Bulgaria, Regulator Says

Bulgaria’s energy regulator KEVR said on Wednesday that it hasn’t discussed capping prices of electricity purchased by state-owned National Electricity Company NEK from two local thermal power plants owned by U.

Business » Energy | October 14, 2015, Wednesday // 16:37 | Viewed: 2841

US 'Applying Pressure' on Greece to Build Gas Link w/ Bulgaria

US diplomats are working in Greece to make sure the interconnector project between Athens and Sofia will be carried out, the Bulgarian National Radio has said.

Business » Energy | October 14, 2015, Wednesday // 13:37 | Viewed: 4350

AES, ContourGlobal Quit Bulgaria's Biggest Employer Association over TPP Row

US-based companies AES and ContourGlobal, which own two of Bulgaria's largest thermal-power plants, have submitted declarations that they are leaving one of the key employers' organizations in the country.

Business » Energy | October 14, 2015, Wednesday // 09:54 | Viewed: 3073

Bulgarian Employers Urge Price Caps on Power Purchases from AES, ContourGlobal Plants

The four nationally-represented employers' organizations in Bulgaria - BIA, BCCI, BICA and CEIB – have asked the government to suspend payments above market prices for electricity generated by AES Galabovo and ContourGlobal Maritza East 3 power plants.

Business » Energy | October 13, 2015, Tuesday // 22:00 | Viewed: 2298