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Business » Energy

Oresharski 'to Tell Truth about South Stream' Friday - Deputy PM

Prime Minister Plamen Oresharski is to reveal Friday in Parliament the truth about the South Stream project, his deputy Daniela Bobeva announced.

Business » Energy | June 11, 2014, Wednesday // 17:40 | Viewed: 1231

Ukraine Rejects Russia's Gas Discount

Russia has proposed a discount of USD 100 per 1,000 cubic meters of gas to Ukraine, but Kiev has said it will reject the offer.

Business » Energy | June 11, 2014, Wednesday // 13:57 | Viewed: 1056

Russia, Ukraine, EU Continue Negotiations over Gas Prices

Three-party gas negotiations between Russia, Ukraine, and the European Union will continue on Tuesday in Brussels after the sides failed to reach an agreement on Monday.

Business » Energy | June 10, 2014, Tuesday // 10:10 | Viewed: 816

Life Extension of Units 5, 6 of Kozloduy NPP to Cost EUR 500-600 M

The projected cost of the extension of the lives of units 5 and 6 of the Bulgarian Kozloduy nuclear power plant has been increased to EUR 500 – 600 M.

Business » Energy | June 9, 2014, Monday // 17:29 | Viewed: 928

Serbia Starts Sending Mixed Signals about South Stream Project

Serbia has also started sending mixed signals about the implementation of the South Stream gas pipeline on its territory just like Bulgaria.

Business » Energy | June 9, 2014, Monday // 16:02 | Viewed: 1531

Serbia Stops South Stream Gas Pipeline Too

Serbia has to postpone the South Stream gas pipeline construction works after Bulgaria's decision to suspend work on the project, according to Serbia's Deputy Prime Minister.

Business » Energy | June 9, 2014, Monday // 13:03 | Viewed: 1530

Russian Officials: The US Struck Upon South Stream

Russian officials reacted to the order of Bulgaria's PM Oresharski to temporarily suspend the construction of the South Stream pipeline in Bulgaria until it complies with EU law.

Business » Energy | June 9, 2014, Monday // 11:52 | Viewed: 1543

Bulgarian Minister: South Stream Gas Pipeline Is Irreversible Project

Bulgarian Economy and Energy Minister Dragomir Stoynev has described the South Stream gas pipeline as an irreversible European project.

Business » Energy | June 9, 2014, Monday // 11:24 | Viewed: 1436

Bulgaria PM Orders South Stream Freeze until EU Green Light

Prime Minister Plamen Oresharski has ordered a suspension of all activities related to the South Stream gas pipeline project until Bulgaria reaches agreement with the EU on it.

Business » Energy | June 8, 2014, Sunday // 17:01 | Viewed: 2748

MP: Bulgaria's Ruling Parties Back EU-Compliant South Stream Pipeline

Socialist MP Tasko Ermenkovhas suggested that both ruling party BSP and co-ruling party DPS are in favor of building the South Stream gas pipeline in compliance with EU law.

Business » Energy | June 8, 2014, Sunday // 16:40 | Viewed: 1658

Bulgarian Watchdog to Review License Terms of Power Distributors

Boyan Boev, Chair of Bulgaria's State Commission for Energy and Water Regulation (DKEVR), has informed about an upcoming revision of the license terms of power distributors.

Business » Energy | June 5, 2014, Thursday // 15:57 | Viewed: 1058

Reformists: EU Can Stop All Funds Because of South Stream

The EU could stop all funds for Bulgaria, because of the violations in the public procurement procedures for South Stream, said Georgi Ganev, of the Reformist Block.

Business » Energy | June 5, 2014, Thursday // 13:39 | Viewed: 1316

Bulgaria Should Not Build South Stream despite EU Stance – DPS Party

Bulgaria should not build the South Stream gas pipeline in disregard of the EU stance on the matter, according to the leader of the Movement for Rights and Freedoms (DPS) party.

Business » Energy | June 5, 2014, Thursday // 12:31 | Viewed: 1505

Barroso: 'Other States' Might Also Be Sanctioned on South Stream

EU Commission President Jose Manuel Barroso has warned that more countries could be targeted by infringement procedures over South Stream if they breach the rules.

Business » Energy | June 5, 2014, Thursday // 09:30 | Viewed: 1279

Bulgaria 'Must Suspend' South Stream During Procedure -EU Commission

EU Commission expects that Bulgaria will not pursue activities regarding the construction of South Stream gas pipeline while an infringement procedure is under way.

Business » Energy | June 4, 2014, Wednesday // 16:32 | Viewed: 1378

Westinghouse Picks 3 Bulgarian Companies for Kozloduy NPP

US-based Westinghouse Electric Company has signed memoranda of understanding with three Bulgarian companies advancing the building of Kozloduy NPP Unit 7's reactor.

Business » Energy | June 4, 2014, Wednesday // 11:43 | Viewed: 2118

EC Explains South Stream Procedures Against Bulgaria

The EU Commission has explained why an infringement procedure is under way only against Bulgaria when other EU states are also involved in the South Stream project.

Business » Energy | June 3, 2014, Tuesday // 17:17 | Viewed: 1521

Gazprom Slightly Lowers Gas Supplies Estimates for 2014

Russian energy giant Gazprom has lowered its projected gas deliveries to Europe this year.

Business » Energy | June 3, 2014, Tuesday // 14:32 | Viewed: 902

Bulgarian EconMin Downplays EU Procedure over South Stream

The EU Commission's infringement procedure against Bulgaria over the South Stream pipeline project will not lead to sanctions, Economy Minister Dragomir Stoynev assured.

Business » Energy | June 3, 2014, Tuesday // 13:54 | Viewed: 1197

EU Commission Reiterates Calls on Bulgaria to Stop South Stream

The European Commission outlined the two problems it sees in the construction of Bulgaria's South Stream pipeline section to explain why it demands that it be halted.

Business » Energy | June 3, 2014, Tuesday // 11:50 | Viewed: 2069

Bulgaria's NEK at Record Loss in 2013

State-owned National Electricity Company (NEK) registered a record loss of BGN 338 M (EUR 169 M) last year, sources in the Ministry of Economy and Energy say.

Business » Energy | June 2, 2014, Monday // 15:28 | Viewed: 1670
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