Business » Energy

Nine Banks Show Interest in Lending up to EUR 650 M to Bulgaria’s BEH

Nine banks have confirmed interest in lending up to EUR 650 BGN to the state-owned Bulgarian Energy Holding (BEH) company, Energy Minister Temenuzhka Petkova has said.

Business » Energy | December 7, 2015, Monday // 16:06 | Viewed: 4187

Turkish Stream Pipeline Suspended, Russia Confirms

Russian Energy Minister Alexander Novak has announced the Turkish Stream gas pipeline project between Moscow and Ankara has been abandoned.

Business » Energy | December 3, 2015, Thursday // 13:17 | Viewed: 3091

Turkish Stream, Akkuyu NPP Talks 'Frozen' over Russia-Turkey Tensions

Russia has suspended talks with Turkey over the Turkish Stream pipeline and the Akkuyu nuclear plant amid rising tensions between Ankara and Moscow over the downing of a Turkish plane.

Business » Energy | December 1, 2015, Tuesday // 20:28 | Viewed: 2648

Bulgaria Backs Nord Stream-2, Standing Up for Own Gas Hub Project

Bulgarian Prime Minister Boyko Borisov said on Sunday Sofia is not intending to take action against the Nord Stream-2 gas pipeline project.

Business » Energy | November 30, 2015, Monday // 09:15 | Viewed: 4653

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

The forthcoming liberalization 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: 3279

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: 3321

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: 2543

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: 1979

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: 4203

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: 3329

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: 3121

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: 2992

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: 2635

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: 3041

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: 2697

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: 2979

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: 2708

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: 3413

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: 3406

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: 2754

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: 3184