Business » Energy

Gazprom 'in Talks' for 1/4 Share of Austria's OMV

Russian state-owned energy concern Gazprom has begun talks with Abu Dhabi representatives to acquire 24.

Business » Energy | June 26, 2014, Thursday // 17:15 | Viewed: 1162

Electricity Prices Might Soar from October 1 - DKEVR

Energy bills in Bulgaria might gradually go up starting October to cover deficits at the state-owned utility NEK, the state electricity regulator announced.

Business » Energy | June 26, 2014, Thursday // 13:23 | Viewed: 1103

Bulgaria's NEK Accumulated BGN 2.9 B of Debts 2010-2014

State-owned National Electricity Company (NEK) piled up debt worth BGN 2.9 B (EUR 1.45 B) in 2010-2014, energy watchdog DKEVR's chief Boyan Boev said Thursday.

Business » Energy | June 26, 2014, Thursday // 12:59 | Viewed: 808

Bulgaria to Urge Renewal of EU-Russia Dialogue on South Stream

Bulgaria's political leaders will insist that Europe continue talks with Russia over the South Stream gas pipeline on the European Council starting in Brussels Thursday.

Business » Energy | June 26, 2014, Thursday // 11:28 | Viewed: 724

Bulgarian Watchdog to Shed Light on Financial Deficit in Energy System

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) will present Thursday current data on the financial deficit in the energy system.

Business » Energy | June 26, 2014, Thursday // 09:22 | Viewed: 645

Westinghouse to Own 30% of Unit 7 of Kozloduy NPP Till Completion

The US Westinghouse will own 30% of the Unit 7 of the Kozloduy NPP until the construction is completed, said the Kozloduy deputy director Alexander Nikolov.

Business » Energy | June 25, 2014, Wednesday // 15:57 | Viewed: 1574

Bulgaria's Bulgargaz Opposes 2.5% Gas Price Cut Proposal

Bulgaria's state-owned gas supplier Bulgargaz has warned that a gas price cut will put it into a difficult financial situation.

Business » Energy | June 25, 2014, Wednesday // 15:09 | Viewed: 691

Bulgarian Energy Watchdog Complains to EC about Unlawful State Aid

Bulgaria's energy watchdog has sent two complaints to the European Commission concerning unlawful State aid to two US-owned thermal power plants and to renewable energy producers.

Business » Energy | June 25, 2014, Wednesday // 13:30 | Viewed: 855

Russia: Bulgarian South Stream Section Faces no Insurmountable Issues

Russian Energy Minister Alexander Novak has expressed certainty that the problems surrounding the construction of the South Stream gas pipeline section in Bulgaria will be solved.

Business » Energy | June 25, 2014, Wednesday // 10:54 | Viewed: 1043

Gazprom, OMV Sign Deal on South Stream Austria amid Putin Visit

Russian concern Gazprom struck Monday an agreement with oil and gas company OMV on the construction of Austria's stretch of the South Stream gas pipeline.

Business » Energy | June 24, 2014, Tuesday // 15:44 | Viewed: 1349

Gazprom Sells Shares in Lithuanian Energy Companies

Russian energy concern Gazprom has sold its assets in AB Lietuvos Dujos and AB Amber Grid, two Lithuanian gas utilities in each of which it had a 37.

Business » Energy | June 23, 2014, Monday // 15:49 | Viewed: 873

Business Energy Consumers to Protest Electricity Price Hike

Bulgaria's business energy consumers have threatened to stop paying electricity bills if the energy watchdog DKEVR approves a proposal increasing prices.

Business » Energy | June 19, 2014, Thursday // 15:30 | Viewed: 1406

EU 'Pressures Members' about South Stream - Russian EconMin

Bulgaria and other EU members are being pressured into pulling out of the South Stream pipeline, Russian Economy Minister Alexander Novak said.

Business » Energy | June 19, 2014, Thursday // 12:48 | Viewed: 1306

Total Seeks Drilling Company for Black Sea Gas Exploration

The Bulgarian branch of French petrol company Total announced a public tender for exploration drilling in the Khan Asparuh gas field off the Bulgarian Black Sea coast.

Business » Energy | June 17, 2014, Tuesday // 16:33 | Viewed: 1384

Spain Offers to Be Gas Transit Country, Save EU from Russia

Europe could import African gas via Spain to reduce dependency on Russian resources, a Spanish expert believes.

Business » Energy | June 17, 2014, Tuesday // 14:25 | Viewed: 1215

Austrian Minister: EU Could Pay Ukraine's Gas Debt

Austrian Economy Minister Reinhold Mitterlehner has argued that the Russia-Ukraine gas dispute requires a political decision involving the EU.

Business » Energy | June 17, 2014, Tuesday // 14:15 | Viewed: 825

Gazprom to Hit Back at Ukraine with New USD 18 B Stockholm Lawsuit

Gazprom is to file a fresh lawsuit in the Stockholm arbitration court against Ukraine's Naftogaz for USD 18 B over prolonged debts, CEO Alexey Miller says.

Business » Energy | June 17, 2014, Tuesday // 11:54 | Viewed: 953

Bulgarian Renewable Energy Producers May Sue Watchdog over Tariff Cuts

Renewable energy producers have threatened to sue Bulgaria's energy watchdog due to its intentions to impose a dramatic reduction in preferential tariffs.

Business » Energy | June 17, 2014, Tuesday // 08:48 | Viewed: 2322

Bulgaria Govt Guarantees Supplies for 3-4 Months in Case of Gas Crisis

Bulgarian Deputy Prime Minister Daniela Bobeva has explained that the government is ready to secure gas consumption for a minimum of 3-4 months in the case of a gas supply crisis.

Business » Energy | June 16, 2014, Monday // 17:23 | Viewed: 994

South Stream Offshoot to Crimea 'Possible' - Russian Minister

The South Stream gas pipeline could have a ramification to the Crimean peninsula, Oleg Savelyev, Minister of Crimean Affairs, announced.

Business » Energy | June 16, 2014, Monday // 15:55 | Viewed: 1072

Bulgaria Is Injecting Additional Quantities of Gas into Chiren Depot

Bulgaria's Ministry of Economy and Energy is preparing a stance on the steps it is taking in relation to the Russia -Ukraine gas dispute.

Business » Energy | June 16, 2014, Monday // 13:53 | Viewed: 870