Business » Energy

Turkey Determined to Build TANAP Gas Pipeline

Turkish Energy Minister Taner Yildiz has described the Trans Anatolian Natural Gas Pipeline (TANAP) as a priority project for the country.

Business » Energy | February 13, 2015, Friday // 10:26 | Viewed: 2009

Gas Interconnector with Greece Expected to be Launched by 2018

Bulgarian Energy Minister Temenuzhka Petkova said on Thursday that the planned gas interconnection grid with Greece is expected to become fully operational by 2018.

Business » Energy | February 12, 2015, Thursday // 16:00 | Viewed: 1250

Vertical Gas Corridor May Be Ready by 2019 – Romanian Media

The development of plans for the construction of a Vertical Corridor connecting the gas grids of Bulgaria, Greece, and Romania has reached an advanced stage, according to Romanian authorities.

Business » Energy | February 12, 2015, Thursday // 12:39 | Viewed: 1563

Bulgargaz to Propose Gas Price Cut for Q2, 2015 to Energy Watchdog

Bulgaria’s state-owned gas supplier Bulgargaz will propose a reduction in the price of natural gas in Q2, 2015 to the energy watchdog.

Business » Energy | February 11, 2015, Wednesday // 17:27 | Viewed: 961

Bulgaria Allocates Further BGN 15 M for Energy Effectiveness Projects

The Bulgarian government decided at its meeting on Wednesday to allocate further BGN 15 M for additional co-financing of energy effectiveness projects.

Business » Energy | February 11, 2015, Wednesday // 14:57 | Viewed: 926

Bulgarian Minister to Attend Meeting of Consultative Council on Southern Gas Corridor

Bulgaria’s Energy Minister Temenuzhka Petkova will take part in the first meeting of the Consultative Council on the Southern Gas Corridor project.

Business » Energy | February 11, 2015, Wednesday // 13:40 | Viewed: 1029

Bulgaria to Launch Tenders for Silistar, Teres Exploration Blocks in 2 Weeks

Delyan Dobrev, head of Bulgaria’s parliamentary energy committee, has presented an upcoming tendering procedure for two Black Sea exploration blocks to representatives of Norwegian oil and gas company Statoil.

Business » Energy | February 10, 2015, Tuesday // 18:09 | Viewed: 1576

Oil Trade Challenges Outlined in International Energy Agency Report

The USA is pointed out as the leader in world oil markets in the annual Medium-Term Oil Market report published by the International Energy Agency on Tuesday.

Business » Energy | February 10, 2015, Tuesday // 12:45 | Viewed: 1104

Bulgarian President: EU Energy Union to Deepen Integration

Bulgarian President Rosen Plevneliev said on Monday that the establishment of an EU Energy Union will bring the level of European political and economic integration to a new level.

Business » Energy | February 10, 2015, Tuesday // 08:08 | Viewed: 1557

Proposed Gas Hub in Bulgaria to Cost EUR 2.2 B, PM Borisov Says

Building a gas distribution centre in Bulgaria to serve South Eastern Europe and the EU would cost EUR 2.2 B, Prime Minister Boyko Borisov said on Monday.

Business » Energy | February 9, 2015, Monday // 19:48 | Viewed: 1319

Bulgaria’s Port Varna Registers Profit of BGN 2 M from Storing South Stream Pipes

Port Varna has registered a profit of over BGN 2 M for the past five months from the processing and storing of 65 tonnes of pipes earmarked for the offshore section of South Stream, according to Dimitar Atanasov, Chairman of the BoD of Port Varna.

Business » Energy | February 9, 2015, Monday // 17:25 | Viewed: 1210

CSEE Moves to Diversify Gas Supplies

Finding three different sources of natural gas supplies in order to reduce dependence on Russian deliveries will the main task of a new European energy body set up on Monday in Sofia.

Business » Energy | February 9, 2015, Monday // 16:40 | Viewed: 1209

PM Borisov: Bulgaria Has Potential to Become Gas Distribution Center

Bulgaria is one of the most intensely interested EU countries in guaranteeing the security of energy supplies and achieving energy diversification, according to Bulgarian Prime Minister Boyko Borisov.

Business » Energy | February 9, 2015, Monday // 13:43 | Viewed: 1312

Sofia Hosts Energy Diversification Talks

High-level negotiations on the possibility of building a gas hub in Bulgaria will be held on Monday.

Business » Energy | February 9, 2015, Monday // 10:10 | Viewed: 1017

Bulgaria's CEZ Pledges to Improve Quality of Services after Lozen Protests

In an official press release, electricity distributing company CEZ has taken up the responsibility of improving the quality of the provided services in Lozen.

Business » Energy | February 8, 2015, Sunday // 16:46 | Viewed: 1305

Hundreds Stage Protest Over CEZ Power Failures in Bulgaria's Lozen

Close to 400 protesters from the Sofia village of Lozen gathered on Sunday to express their dissatisfaction with the services of CEZ electricity distribution company.

Business » Energy | February 8, 2015, Sunday // 14:43 | Viewed: 1844

Gazprom, Botas Map Out Turkish Stream Route

Gazprom's CEO Alexey Miller and Turkey's Minister of Energy and Natural Resources Taner Yildiz have discussed the details over the launch of Turkish Stream.

Business » Energy | February 8, 2015, Sunday // 13:58 | Viewed: 1810

Unit 5 of Bulgaria’s Kozloduy NPP Reconnected to Power Grid

Unit 5 of Bulgaria’s Kozloduy nuclear power plant (NPP) was reconnected to the power grid late on Friday night.

Business » Energy | February 7, 2015, Saturday // 10:33 | Viewed: 1024

Bulgaria Will Not Launch New N-Plant Units until 2024 – Forecast

Bulgaria will not launch new nuclear capacity in the next 10 years, according to a forecast of the Electricity System Operator (ESO).

Business » Energy | February 6, 2015, Friday // 12:45 | Viewed: 1460

International Markets Register Rise in Oil Prices

The economic prognosis of the European Commission states that in case oil prices remain relatively low throughout the year, EU economy will be able to record a growth higher than the one expected for 2015.

Business » Energy | February 6, 2015, Friday // 12:18 | Viewed: 1130

Bulgaria's GERB Seeks to Scrap Special Prices for New Renewable Energy Sources

Senior coalition partner GERB has tabled amendments to the Energy Act removing the preferential prices paid by state-owned energy utility NEK to buy electricity from new renewable energy sources.

Business » Energy | February 6, 2015, Friday // 08:12 | Viewed: 1669