Business » Energy

Lukoil Sells Filling Stations in Czech Republic, Slovakia, Hungary

Russia's Lukoil has announced it is selling its filling station networks in Czech Republic, Slovakia, and Hungary.

Business » Energy | August 5, 2014, Tuesday // 13:55 | Viewed: 1003

Stroytransgaz Quits South Stream Project in Bulgaria

Russian company Stroytransgaz, which had been commissioned the construction of South Stream in Bulgaria, is pulling out of the gas pipeline project.

Business » Energy | August 4, 2014, Monday // 17:27 | Viewed: 3361

OMV: Sanctions on Russia 'Will Not Hinder' South Stream

Austrian energy concern OMV has assured restrictive EU measures against Russia will not put a wheel on the South Stream gas pipeline project.

Business » Energy | August 4, 2014, Monday // 17:05 | Viewed: 1571

Bulgaria to Invest BGN 68M in Gas Link with Serbia

Bulgaria is to invest over BGN 68 M into the construction of the local section of the gas grid interconnection with Serbia.

Business » Energy | August 4, 2014, Monday // 14:18 | Viewed: 924

Power Distributor CEZ Bulgaria Reports Losses of BGN 11.6M in H1, 2014

Power distributor CEZ Bulgaria EAD has reported a negative financial result of nearly BGN 11.

Business » Energy | August 3, 2014, Sunday // 15:19 | Viewed: 1025

Contract on Kozloduy NPP Unit 7 May Harm Arbitration over Belene NPP

An energy expert has said that the agreement with US Westinghouse on Kozloduy NPP's unit7 erodes Bulgaria's position in the arbitration case with Atomstroyexport over Belene NPP.

Business » Energy | August 3, 2014, Sunday // 12:42 | Viewed: 1563

Westinghouse, Bulgarian Gov't Ink Unit 7 Agreement

US-based company Westinghouse and the outgoing Bulgarian cabinet have sealed a shareholders' agreement on the expansion of nuclear capacities at the Kozloduy NPP.

Business » Energy | August 1, 2014, Friday // 12:51 | Viewed: 11946

Bulgaria Sold Woodland to South Stream Despite Freeze of Activities

Bulgaria's Ministry of Agriculture has confirmed that 359 da of woodland were sold to South Stream Bulgaria in July.

Business » Energy | August 1, 2014, Friday // 09:43 | Viewed: 1123

Bulgaria, Westinghouse Sign Shareholders' Agreement on Unit 7

Bulgaria's government announced Thursday a shareholders' agreement was signed with US-based company Westinghouse on the construction of Kozloduy NPP's Unit 7.

Business » Energy | July 31, 2014, Thursday // 17:04 | Viewed: 1996

Bulgaria’s Top Court Scraps Controversial Fee on Renewables

Bulgaria's Constitutional Court on Thursday revoked the 20% fee levied on the income of photovoltaic plants and wind farms that has spooked investors.

Business » Energy | July 31, 2014, Thursday // 16:05 | Viewed: 1108

Westinghouse, Gov't to Sign Final Deal on Unit 7 Next Year - CEO

US-based company Westinghouse sees big opportunities in Bulgaria, but the government's resignation will delay ongoing projects, CEO Danny Roderick said.

Business » Energy | July 30, 2014, Wednesday // 17:08 | Viewed: 1837

Bulgarian Constitutional Court to Revoke 20% Fee on Solar, Wind Power

Bulgaria's Constitutional Court (KS) is expected to revoke the 20% fee on the revenues of photovoltaic plants and wind farms.

Business » Energy | July 30, 2014, Wednesday // 10:26 | Viewed: 1205

Ukraine Demands Changes to Gas Transit Deal with Russia

Ukraine's state-owned utility Naftogaz has insisted that conditions of gas transit to Europe previously agreed with Russian concern Gazprom be revised.

Business » Energy | July 29, 2014, Tuesday // 14:46 | Viewed: 879

Bulgarian South Stream Section Issued Positive EIA Report

The offshore South Stream gas pipeline section will not have a substantial impact on the environment and the socio-economic sphere in the region of Bulgaria's Varna.

Business » Energy | July 29, 2014, Tuesday // 14:02 | Viewed: 1235

Westinghouse CEO Arrives in Bulgaria

Westinghouse President and CEO Danny Roderick is in Bulgaria to meet government officials and energy sector representatives.

Business » Energy | July 29, 2014, Tuesday // 10:41 | Viewed: 1371

EC Initiates Gas Supply Talks between Oettinger, Novak

The European Commission is initiating a meeting between EU Energy Commissioner Gunther Oettinger and Russian Energy Minister Alexander Novak in Moscow this week.

Business » Energy | July 28, 2014, Monday // 17:30 | Viewed: 828

Montenegro 'Interested' in South Stream Pipeline - EconMin

Montenegro's Economy Minister Vladimir Kavaric announced that his country desired to be included in the South Stream gas pipeline project.

Business » Energy | July 28, 2014, Monday // 09:40 | Viewed: 1372

Bulgaria Risks Losing EU Funding of EUR 45 M for Gas Link with Greece

Bulgaria may lose EUR 45 M in EU funding if the gas grid interconnection with Greece is delayed, according to former Deputy Prime Minister Daniela Bobeva.

Business » Energy | July 25, 2014, Friday // 17:37 | Viewed: 1540

Bulgaria's Energy Sector Most Vulnerable Among 75 Countries

Bulgaria's energy policy is infiltrated by local and foreign private interests, including state interests.

Business » Energy | July 25, 2014, Friday // 14:36 | Viewed: 1492

Turkey OKs South Stream Environmental Impact Assessment

Turkey's Ministry of Environment and Urbanization has approved the Environmental Impact Assessment (EIA) report for the offshore section of the South Stream gas pipeline.

Business » Energy | July 24, 2014, Thursday // 12:49 | Viewed: 1215

Bulgarian Energy Holding Puts Off Gazprom Loan on South Stream

The Bulgarian Energy holding surprisingly decided to postpone a decision whether to receive a EUR 620 M from Gazprom for the construction of the South Stream pipeline.

Business » Energy | July 23, 2014, Wednesday // 11:31 | Viewed: 1209