Business » Energy

Bulgarian Energy Minister Reports of Irregularities at Energo-Pro EDC

Bulgarian Energy Minister Temenuzhka Petkova announced that irregularities have been identified at the energy distribution company (EDC) Energo-Pro, which operates in the northeast of the country.

Business » Energy | January 30, 2015, Friday // 20:05 | Viewed: 1290

Bulgarian PM Reaffirms Moratorium on Shale Gas Extraction

Bulgarian PM Boyko Borisov assured on Friday that there will be no shale gas extraction in the country until a new eco-friendly method is invented.

Business » Energy | January 30, 2015, Friday // 18:01 | Viewed: 1315

Bulgarian President Remains Hopeful of South Stream

Bulgarian President Rosen Plevneliev expressed hope that the South Stream project would receive the necessary permits for its completion.

Business » Energy | January 30, 2015, Friday // 17:04 | Viewed: 1874

Kuwaiti Company Interested in Belene NPP – Bulgaria Energy Minister

A Kuwaiti company has expressed interest in the Belene nuclear power plant project, according to Energy Minister Temenuzhka Petkova.

Business » Energy | January 30, 2015, Friday // 12:03 | Viewed: 1503

Energy Efficiency Projects Have Boosted Bulgarian Economy - Minister

Bulgaria's Environment Minister Ivelina Vassileva announced on Wednesday that BGN 13 M will be added to the national budget in 2015 from payments received by the National Trust Eco Fund.

Business » Energy | January 29, 2015, Thursday // 13:47 | Viewed: 1287

Bulgaria PM Borisov: Energy Bills Issue 'Is Conspiracy against Govt'

Bulgarian Prime Minister Boyko Borisov has warned against a repetition of the "2013 scenario" when his first government was toppled by mass protest following hike in electricity bills.

Business » Energy | January 28, 2015, Wednesday // 19:48 | Viewed: 1410

Bulgaria's Energy Watchdog Foresees Power Price Hike in 2015

The Chair of the State Commission for Energy and Water Regulation (DKEVR) Svetla Todorova announced that an increase in the price of electricity was unavoidable during the year.

Business » Energy | January 28, 2015, Wednesday // 09:57 | Viewed: 1115

Bulgarian Parliament to Hold Hearing of Energy Distributors

Members of the parliamentary Energy Committee will hold a hearing of the three electricity distribution companies (EDCs) operating in Bulgaria.

Business » Energy | January 27, 2015, Tuesday // 09:04 | Viewed: 1290

Ex Energy Minister Seeks 10-Fold Increase in Minimum Fine for Power Distributors

Former Energy Minister Delyan Dobrev has proposed a 10-fold increase in the minimum fine for power distributors failing to observe the 31-day metering deadline.

Business » Energy | January 26, 2015, Monday // 17:54 | Viewed: 1303

Bulgaria Energy Minister Triggers Inspection at Energy Distributors

Detailed inspections are to be carried out at all three electricity distribution companies operating in Bulgaria, the country's Energy Minister Temenuzhka Petkova has said.

Business » Energy | January 26, 2015, Monday // 09:46 | Viewed: 1464

Bulgaria 'Unable to Halt South Stream Construction' - Ex-Energy Minister

Turkish Stream is unlikely to happen, in the words of former Energy Minister and current MP Delyan Dobrev.

Business » Energy | January 25, 2015, Sunday // 14:07 | Viewed: 2875

Bulgaria's State Electricity Co 'Sells Energy Below Market Prices'

State-owned National Electricity Company (NEK) is suffering losses worth millions of BGN due to "lobbyist" legislation amendments and a practice to sell electricity below market prices, a Bulgarian MP has claimed.

Business » Energy | January 25, 2015, Sunday // 12:31 | Viewed: 1487

Project Company South Stream Bulgaria AD Is Still Operational - CEO

South Stream Bulgaria AD, the company in charge of the implementation of the South Stream gas pipeline on Bulgarian territory, keeps functioning, according to Dimitar Gogov, CEO of the company.

Business » Energy | January 23, 2015, Friday // 08:51 | Viewed: 4404

Lifespan of Kozloduy NPP Units 5, 6 May Be Extended by at least 20 Years

Units 5 and 6 of the Kozloduy nuclear power plant can work for at least 20 years more than planned, according to preliminary estimates related to the life extension program for the two facilities.

Business » Energy | January 22, 2015, Thursday // 09:46 | Viewed: 1470

Life Extension of Units 5, 6 of Kozloduy NPP Proceeds as Planned- Watchdog Chair

The life extension of units 5 and 6 of the Kozloduy nuclear power plant proceeds according to plan, according to Lachezar Kostov, Chair of the Bulgarian Nuclear Regulatory Agency (BNRA).

Business » Energy | January 21, 2015, Wednesday // 13:37 | Viewed: 1034

Westinghouse Voted BBLF Member

Westinghouse Electric Company has been accepted this week as full member of the Bulgarian Business Leaders Forum (BBLF) at the Board Meeting.

Business » Energy | January 20, 2015, Tuesday // 16:00 | Viewed: 1013

Bulgaria Hopes to Revise Contracts with AES, ContourGlobal Units by end-March

The renegotiation of the contract terms of the Bulgarian-based US thermal power plants AES Maritza East 1 and ContourGlobal Maritsa East 3 is expected to be achieved by the end of March.

Business » Energy | January 20, 2015, Tuesday // 15:53 | Viewed: 1771

Bulgaria to Host EU 'Energy Summit' - Deputy PM Tomislav Donchev

A summit-level meeting of all EU energy ministers is to be held in Bulgaria in three weeks' time, the country's Deputy PM for EU Funds and Economic Policy Tomislav Donchev announced on Sunday.

Business » Energy | January 18, 2015, Sunday // 11:24 | Viewed: 2160

Oil and Gas Explorations at Vranino Halted, Await Court Ruling

At present no exploration works are being carried out at the Vranino field in northeastern Bulgaria, as the verdict of the Supreme Administrative Court (VAS) is awaited.

Business » Energy | January 16, 2015, Friday // 20:48 | Viewed: 1294

Working Group to Present Stance on Kozloduy NPP Unit 7 by end-March

By end-March, a working group including representatives of the Bulgarian Energy Holding (BEH), the Kozloduy nuclear power plant, and the Energy Ministry, is to come up with a stance on the project for a 7th unit of the N-plant.

Business » Energy | January 16, 2015, Friday // 08:28 | Viewed: 916

Hungarian Minister Proposes Greece-Macedonia-Serbia Gas Pipeline as South Stream Alternative

The construction of a gas pipeline from Greece via Macedonia and Serbia to Hungary would be an alternative to the cancelled South Stream project, according to Peter Szijjarto, Hungary’s Foreign Minister.

Business » Energy | January 15, 2015, Thursday // 16:52 | Viewed: 3533