Business » Energy

Bulgarian Watchdog Orders Market Withdrawal of 10 000 Liters of Diesel Fuel

10 000 liters of diesel fuel have been withdrawn from the market following inspections by a regional unit of Bulgaria’s State Agency for Metrological and Technical Surveillance at filling stations on the territory of the Silistra municipality.

Business » Energy | July 2, 2015, Thursday // 14:56 | Viewed: 602

Bulgarian Government to Establish Energy Security Council

The Bulgarian government will establish an energy security council, which will coordinate the national policy in the energy sector and define the Bulgarian priorities within the framework of the European Energy Union.

Business » Energy | July 1, 2015, Wednesday // 13:54 | Viewed: 1344

Bulgarian Energy Commission Postpones Price Increase Decision

The Еnergy and Water Regulatory Commission held a closed sitting Monday and took the decision of extending the term at which electricity prices would remain intact.

Business » Energy | June 30, 2015, Tuesday // 11:49 | Viewed: 1576

Westinghouse-led Group Wins EU Funding to Diversify Nuclear Fuel Supply to VVER Reactors

Westinghouse Electric Company and eight European consortium partners today announced that they have received EUR 2 million in funding from the European Union (EU) to establish the security of supply of nuclear fuel for Russian-designed reactors in the EU.

Business » Energy | June 29, 2015, Monday // 15:43 | Viewed: 2088

Bulgaria to Rely on Azerbaijan for Achieving Greater Energy Diversification – President

Bulgarian President Rosen Plevneliev stated on Sunday that the country will rely on Azerbaijan for achieving a greater diversification of its energy supplies.

Business » Energy | June 29, 2015, Monday // 09:26 | Viewed: 1705

Bulgaria-Greece Gas Link Has Potential to Break Russian Monopoly – FM

Bulgarian Foreign Minister Daniel Mitov pointed to the planned gas interconnector between Bulgaria and Greece as having the potential to break Russian monopoly.

Business » Energy | June 28, 2015, Sunday // 15:07 | Viewed: 3183

Russia Does U-Turn on Ukraine Gas Transit

Russian President Vladimir Putin has demanded the beginning of talks over the continuation of gas transit via Ukraine after 2019, Gazprom CEO Alexey Miller has said.

Business » Energy | June 27, 2015, Saturday // 15:45 | Viewed: 4800

Delaying Power Price Hike Harmful - Bulgaria Energy Min

Bulgarian Energy Minister Temenuzhka Petkova has warned a move to put off electricity price hikes will have a negative impact on the energy system.

Business » Energy | June 27, 2015, Saturday // 12:20 | Viewed: 1990

Price of Natural Gas in Bulgaria Drops by 7.53% as of July 1

The price of natural gas drops by BGN 40, from BGN 524 to BGN 484 per 1000 cubic meters of gas, from July 1, according to a decision of Bulgaria’s Commission for Energy and Water Regulation (KEVR).

Business » Energy | June 26, 2015, Friday // 14:41 | Viewed: 3480

Bulgarian Watchdog Postpones Decision on 1-Month Postponement of New Electricity Prices

Bulgaria’s Commission for Energy and Water Regulation (KEVR) has postponed by Tuesday a decision on the postponement of the entry into force of new electricity tariffs by 1 month.

Business » Energy | June 26, 2015, Friday // 13:57 | Viewed: 3496

Bulgaria Received No Invitation for Turkish Stream Meeting in April - Minister

Bulgaria has not received an official invitation for the meeting of foreign ministers of Serbia, Macedonia, Greece, Turkey, and Hungary in Budapest on April 7 over the Turkish Stream gas pipeline project, according to Foreign Minister Daniel Mitov.

Business » Energy | June 26, 2015, Friday // 13:04 | Viewed: 4087

Over 1000 Companies in Bulgaria to Stop Work for 1 Hour to Protest Power Price Hike

Over 1000 large companies in Bulgaria are stopping work or switching to reduced capacity for an hour on Friday to protest an anticipated 13-20% increase in power rates for the industry.

Business » Energy | June 26, 2015, Friday // 09:57 | Viewed: 1830

Bulgaria Is Falling Behind National Biofuel Targets – Audit Office

Bulgaria’s National Audit Office has cautioned in a report that the country is falling to meet biofuel production and use targets.

Business » Energy | June 25, 2015, Thursday // 16:05 | Viewed: 1501

Bulgarian MPs Pave Way for 1-Month Power Price Freeze

Energy Act amendments allowing Bulgaria’s Commission for Energy and Eater Regulation (KEVR) to extend by up to a month the ongoing regulatory period ending on June 30 have passed first and second reading in parliament.

Business » Energy | June 25, 2015, Thursday // 14:31 | Viewed: 1336

Bulgaria Power Co 'to Return to Profitability' in 2016

The new pricing model due to be applied by Bulgaria's national energy regulator KEVR will help the state-owned utility company return to profitability next year, KEVR's head has said.

Business » Energy | June 24, 2015, Wednesday // 12:45 | Viewed: 3894

Bulgarian Parliament to Hold Hearing of Energy Watchdog over Electricity Prices

The Bulgarian Parliament will start its work on Wednesday by holding a hearing of the Commission for Energy and Water Regulation (KEVR) on its proposed model for electricity prices from July 1.

Business » Energy | June 24, 2015, Wednesday // 08:32 | Viewed: 3311

Bulgaria Parliament Committee Agrees to Delay Power Price Hike

A committee with Bulgaria's Parliament overseeing activities at energy watchdog KEVR has passed amendments to put off an increase in electricity prices for a month.

Business » Energy | June 23, 2015, Tuesday // 19:04 | Viewed: 3020

Bulgaria 'Determined Not to Renew Oil Pipeline' - Russia Energy Min

Russian Energy Minister Alexander Novak on Tuesday said his Bulgarian colleagues haven't changed their mind about withdrawing from the Burgas-Alexandroupolis pipeline project.

Business » Energy | June 23, 2015, Tuesday // 17:01 | Viewed: 3342

Saipem 700 Pipe-Laying Vessel Leaves Bulgaria’s Port Burgas To Join Turkish Stream

The special vessel that was supposed to lay the pipes for the South Stream gas pipeline has left Bulgaria’s Port Burgas to start work on the Turkish Stream gas pipeline project.

Business » Energy | June 23, 2015, Tuesday // 14:20 | Viewed: 4583

Energy Watchdog Chair Sheds Light on Discount on Power Tariff Component for Industrial Consumers

Ivan Ivanov, Chair of Bulgaria’s Commission for Energy and Water Regulation, has underscored that EU law entitles large industrial enterprises to discounts on the “obligation to society” surcharge included in electricity prices.

Business » Energy | June 23, 2015, Tuesday // 12:53 | Viewed: 2897

Bulgarian Associations of Employers Seek Power Price Freeze by end-2015

Bulgaria’s four major associations of employers have called for a power price freeze by end-2015.

Business » Energy | June 21, 2015, Sunday // 16:30 | Viewed: 1914