Business » Energy

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: 3107

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: 2983

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: 2619

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: 3033

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: 2683

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: 2961

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: 2701

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: 3399

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: 3394

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: 2743

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: 3168

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: 3413

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: 4595

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: 3287

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: 2451

Shell Gets Nod for Offshore Oil&Gas Exploration from Bulgaria Govt  

Bulgaria gave the green light to Shell Exploration and Production (LIX) B.

Business » Energy | October 13, 2015, Tuesday // 16:33 | Viewed: 2821

Bulgaria Working to Keep Gas Transport under 100% State Control - PM

Bulgaria's Prime Minister Boyko Borisov has asserted the country is "actively working" tomake sure "everything" that regards gas transportation is fully state-owned.

Business » Energy | October 13, 2015, Tuesday // 12:20 | Viewed: 2378

Westinghouse Should Return to Bulgaria, but 'Under New Conditions' - PM

Bulgaria's Prime Minister Boyko Borisov has voiced his hope that US-based Westinghouse will return to Bulgaria and build Unit 7 of the Kozloduy nuclear power plant, but under new conditions.

Business » Energy | October 12, 2015, Monday // 19:09 | Viewed: 3700

EUR 12.3 M Gas Transmission Pipeline Opens in NE Bulgaria

A new high-pressure gas pipeline was opened in Bulgaria on Friday, linking the Danube city of Silistra to the national gas transmission network.

Business » Energy | October 9, 2015, Friday // 19:31 | Viewed: 2291

Bulgaria Not Planning to Nationalize AES, ContourGlobal TPPs, Energy Min Says

Bulgarian Energy Minister Temenuzhka Petkova has turned down a proposal by employers' organizations that potential investors should be sought to replace AES and ContourGlobal as shareholders at thermal power plants.

Business » Energy | October 8, 2015, Thursday // 22:07 | Viewed: 2719

Bulgaria’s Energoremont Holding AD Acquires Majority Stake in Electroimpeks AD

“Energoremont Holding” AD has acquired the majority stake in “Electroimpeks” AD, a company with over 50 years of international experience in the sphere of engineering services and the implementation of turnkey projects in the sphere of energy.

Business » Energy | October 7, 2015, Wednesday // 21:41 | Viewed: 1952