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Business » Energy

South Stream Transportation Terminates Production, Deliveries of Pipes

The company South Stream Transportation notified all companies producing and delivering pipes for the halted South Stream gas pipeline project to terminate those activities, reports the Russian daily Vedomosti.

Business » Energy | 25 minutes ago | Viewed: 22

No Talks Yet On Gas Hub At Border with Bulgaria, Turkey’s Ambassador Says   

No discussions have been held with Turkey about the potential construction of a gas distribution hub on its border with Bulgaria, Turkey’s Ambassador in Sofia Suleyman Gokce said on Thursday.

Business » Energy | December 18, 2014, Thursday // 22:33 | Viewed: 653

Bulgaria Is Blameless For South Stream – MP

Bulgaria is not guilty for what happened to the South Stream project, Delyan Dobrev – former energy minister and current GERB MP told the BNT public broadcaster breakfast show.

Business » Energy | December 18, 2014, Thursday // 11:33 | Viewed: 920

Energy Ministers of Bulgaria, Russia to Discuss South Stream over Phone

Bulgaria and Russia's energy ministers are to discuss South Stream over the telephone on Friday, Bulgarian officials say.

Business » Energy | December 17, 2014, Wednesday // 15:47 | Viewed: 939

Minimum Wage in Bulgaria Increases to BGN 380 by Mid-2015

The Bulgarian government approved the two-step increase of the minimum wage in 2015 at its meeting on Wednesday.

Business » Energy | December 17, 2014, Wednesday // 13:56 | Viewed: 802

Bulgaria, Serbia to Speed Up Work on Gas Interconnection Grid

Sofia and Belgrade will step up efforts to build the interconnector pipeline linking the two gas grids, ministers from the two countries have announced.

Business » Energy | December 17, 2014, Wednesday // 11:22 | Viewed: 698

Bulgaria to Send Delegation to Russia on South Stream – Minister

A Bulgarian delegation will visit Moscow end of this week to discuss the South Stream gas pipeline project, Bulgaria's Economy Minister Bozhidar Lukarski told journalists in Belgrade.

Business » Energy | December 17, 2014, Wednesday // 07:28 | Viewed: 1083

Drilling at Bulgaria’s Khan Asparuh Block Delayed Until 2016

Hydrocarbon drilling at Bulgaria’s Khan Asparuh  Black Sea block will be delayed by up to a year due to the slump in global oil prices, the international consortium holding the exploration licence has decided.

Business » Energy | December 16, 2014, Tuesday // 08:02 | Viewed: 974

Bulgaria Sends Gas Hub Proposal to European Commission

Bulgaria has sent to the European Commission an official proposal for the construction of a gas hub on the territory of the country.

Business » Energy | December 12, 2014, Friday // 17:13 | Viewed: 1263

Bulgaria’s Energy Watchdog Serves Corporate Interests – Ex Minister

Dragomir Stoynev, MP from the Bulgarian Socialist Party (BSP) and former Energy Minister, has accused the Chair of the State Commission for Energy and Water Regulation (DKEVR) of protecting the interests of power distributors.

Business » Energy | December 12, 2014, Friday // 16:02 | Viewed: 626

EU Receives Russian Confirmation of South Stream Demise

Russian Energy Minister Alexander Novak has told EU official Maros Sefcovic that Moscow will no longer pursue the South Stream project, the Commission says.

Business » Energy | December 11, 2014, Thursday // 22:10 | Viewed: 1238

Interconnectors 'Could Cover Bulgaria's Gas Needs,' BEH Says

Bulgaria's interconnections with neighboring countries could entirely meet the need of natural gas if the regular flow is disrupted, according to the Bulgarian Energy Holding (BEH).

Business » Energy | December 11, 2014, Thursday // 21:56 | Viewed: 801

Russian Duma Chairman: West Treated Bulgaria Like Colony

The Chairman of the Russian State Duma Sergey Naryshkin said that the West had treated Bulgaria as a colony in case of the South Stream pipeline, not respecting the country's economic interests.

Business » Energy | December 11, 2014, Thursday // 17:28 | Viewed: 1009

Westinghouse Advertises Project for Kozloduy NPP Unit 7 to Bulgarian MEPs

US-based Westinghouse Electric Company has presented a project for the expansion of the Kozloduy nuclear power plant to the Bulgarian representatives at the European Parliament and to EU policy specialists.

Business » Energy | December 11, 2014, Thursday // 13:53 | Viewed: 951

Ex Energy Minister: Bulgaria Should Stop ‘Playing Ostrich’ over Shale Gas

Delyan Dobrev, former Energy Minister and MP of center-right party GERB, has insisted that it is time Bulgaria stopped “playing ostrich” as regards shale gas.

Business » Energy | December 11, 2014, Thursday // 08:43 | Viewed: 1049

Turkish FM Declares EU-Backed TANAP Pipeline Priority Project

The Turkish Foreign Minister Mevlut Cavusoglu announced that the Trans Anatolian Natural Gas Pipeline (TANAP), part of the EU-backed Southern Gas Corridor, is the priority project of Turkey.

Business » Energy | December 10, 2014, Wednesday // 21:51 | Viewed: 1336

PM Proposes EU to Finance Gas Hub at Bulgaria's Entrance of South Stream

The Bulgarian government will propose to the European Union to finance the construction of a gas hub at the entrance of the South Stream pipeline on Bulgarian territory, from which the Russian raw material is to be distributed to the other European countr

Business » Energy | December 10, 2014, Wednesday // 20:06 | Viewed: 1998

South Stream Bulgaria Keeps Working on Gas Pipeline Project - CEO

South Stream Bulgaria keeps working on the gas pipeline project, according to Dimitar Gogov, CEO of the company.

Business » Energy | December 10, 2014, Wednesday // 14:18 | Viewed: 1314

Vertical Gas Corridor connecting Bulgaria, Greece, Romania to Carry 3-5 bcm a Year

The Vertical Gas Corridor connecting the gas grids of Bulgaria, Greece, and Romania, will have a capacity of 3-5 billion cubic meters a year, according to reports of Greece’s Energy Ministry.

Business » Energy | December 10, 2014, Wednesday // 09:40 | Viewed: 1270

Bulgaria’s Deputy PM Demands Unambiguous EU Stance on South Stream

Tomislav Donchev, Deputy Prime Minister in charge of EU Funds and Economic Policy, has informed that European Commission Vice-President Maroš Šefčovič has been tasked with elucidating Russia’s unofficial stance on the South Stream project.

Business » Energy | December 9, 2014, Tuesday // 19:50 | Viewed: 948

Bulgaria, Greece, Romania to Develop Regional Gas Infrastructure

Bulgaria, Greece, and Romania have signed a contract on cooperation in the development of regional gas infrastructure.

Business » Energy | December 9, 2014, Tuesday // 17:58 | Viewed: 1784