Business » Energy

OMV: Consultations with Gazprom on South Stream Continue

Austrian oil and gas company OMV has said it continues consultations with Russian energy giant Gazprom on the South Stream gas pipeline project.

Business » Energy | December 5, 2014, Friday // 17:05 | Viewed: 1050

Bulgaria Has Not Received Notice about South Stream - Deputy PM

So far the cabinet has received no formal notification for Russia's decision to abandon the South Stream project, Bulgarian Deputy PM Tomislav Donchev has said.

Business » Energy | December 5, 2014, Friday // 14:09 | Viewed: 1079

Saipem Receives Formal Notice for South Stream Demise

Italian company Saipem announced Thursday it had received a notification from Russia about the end of the South Stream gas pipeline project.

Business » Energy | December 5, 2014, Friday // 12:30 | Viewed: 1093

Russia 'Not Invited' to South Stream Consultations among EU Member States

Moscow has not received an invitation to to take part in the consultations the EU Commission is due to hold with EU states over the South Stream gas pipeline, Russian government sources say.

Business » Energy | December 5, 2014, Friday // 12:12 | Viewed: 1165

Bulgaria’s PM Demands Conclusive Yes/No on South Stream from EU Commission

Bulgarian Prime Minister Boyko Borisov has suggested that he expects a clear answer from the European Commission as regards the future of the South Stream gas pipeline projects.

Business » Energy | December 4, 2014, Thursday // 13:48 | Viewed: 1399

Russian Energy Minister: Decision to Drop South Stream Is Final

Russian Energy Minister Alexander Novak has said that the decision to stop the construction of the South Stream gas pipeline is final.

Business » Energy | December 4, 2014, Thursday // 13:05 | Viewed: 938

South Stream Profit for Bulgaria Estimated at EUR 54 M a year - Caretaker Minister

Bulgaria’s caretaker Energy Minister Vasil Shtonov has argued that the South Stream gas pipeline would have fetched meager profits from transit fees.

Business » Energy | December 4, 2014, Thursday // 12:50 | Viewed: 787

Bulgarian Watchdog Mulls Ceiling on Prices Paid to Power Generators

Bulgaria’s State Commission for Energy and Water Regulation (DKEVR) proposes introducing a ceiling on prices paid to power generators.

Business » Energy | December 4, 2014, Thursday // 11:55 | Viewed: 648

Putin Tells Erdogan He Is 'Fed Up with Bulgarians'

"I am fed up with Bulgarians. Having the West and the European Union and their back, they are challenging and opposing us," Russian President Vladimir Putin reportedly told his Turkish counterpart.

Business » Energy | December 4, 2014, Thursday // 10:51 | Viewed: 4815

Energy Committee Chair Urges Concession Contracts for Silistar, Teres Exploration Blocks

Valentin Nikolov, Deputy Chair of the parliamentary energy committee, has recommended signing concession contracts for exploration blocks Silistar and Teres.

Business » Energy | December 4, 2014, Thursday // 10:47 | Viewed: 686

Bulgaria 'Could Swell with Anger' over South Stream - Russian MP

"Bulgaria could swell with anger" a Russian MP wrote on Twitter to comment on the South Stream project's demise.

Business » Energy | December 4, 2014, Thursday // 09:37 | Viewed: 776

Bulgarian Gov't to Start Tenders on Oil, Gas Exploration and Drilling

The Council of Ministers has moved to begin tenders for exploration and drilling in two areas within Bulgaria's economic shelf and exclusive economic zone.

Business » Energy | December 3, 2014, Wednesday // 20:37 | Viewed: 1861

South Stream Project to Top Agenda of Borisov-Juncker Talks

Bulgaria's Prime Minister Boyko Borisov is set to visit Brussels on Thursday, December 4, to meet EU Commission President Jean-Claude Juncker.

Business » Energy | December 3, 2014, Wednesday // 19:24 | Viewed: 1371

Bulgaria’s Foregone Revenue from South Stream Hard to Forecast – Energy Minister

Bulgaria’s foregone income of EUR 400 M a year allegedly resulting from Russia’s decision to drop South Stream hasn’t been mentioned in the contracts relating to the project, a Bulgarian cabinet minister said on Wednesday.

Business » Energy | December 3, 2014, Wednesday // 11:30 | Viewed: 1002

CEO of Austrian OMV Not Worried of South Stream's Cancellation

Gerhard Roiss, CEO of Austrian oil and gas company OMV said that Russia's announced cancellation of the South Stream pipeline was not to have major consequences.

Business » Energy | December 2, 2014, Tuesday // 19:50 | Viewed: 1120

President Plevneliev Says Unfreezing of South Stream Tied to Russia-EU Dialogue

"To me it is more than clear that the unlocking of South Stream [is tied to] the EU's negotiations with Russia," Bulgaria's President Rosen Plevneliev has said.

Business » Energy | December 2, 2014, Tuesday // 13:25 | Viewed: 1714

NYT: Abandoning South Stream Is ‘Diplomatic Defeat’ for Putin

The decision to scrap Russia’s South Stream project and redirect the gas pipeline to Turkey seems to be a “rare diplomatic defeat” for Russian President Vladimir Putin, the New Your Times commented on Tuesday.

Business » Energy | December 2, 2014, Tuesday // 12:22 | Viewed: 1103

Economy Minister: Bulgaria Should Wait for Official Statement on South Stream

Economy Minister Bozhidar Lukarski has said that the South Stream gas pipeline should not be considered suspended until Russia comes up with an official statement on the matter.

Business » Energy | December 2, 2014, Tuesday // 11:06 | Viewed: 929

Serbia: Gazprom Has Not Announced Plans to Scrap South Stream

Serbia has not been officially informed by Gazprom about any change to the project for the construction of the South Stream gas pipeline, according to Energy Minister Alexander Antic.

Business » Energy | December 2, 2014, Tuesday // 10:09 | Viewed: 1019

Bulgarian Energy Committee Deputy Chair: South Stream Termination Notice Is ‘Bluff’

Martin Dimitrov, Deputy Chair of Bulgaria’s parliamentary energy committee, has dismissed the announcement of Russian President Vladimir Putin about the suspension of the South Stream gas pipeline project as a bluff.

Business » Energy | December 2, 2014, Tuesday // 09:44 | Viewed: 2000

Bulgaria Should Seek International Arbitrage over South Stream – Ex Minister

Former Bulgarian Energy Minister Traycho Traykov has described Vladimir Putin’s announcement that the South Stream gas pipeline will not be built as a show of muscle.

Business » Energy | December 2, 2014, Tuesday // 08:52 | Viewed: 2698