Business » Energy

US Development Finance Corporation Eyes Bulgaria's Energy Sector

Bulgaria's Finance Minister, Asen Vassilev, engaged in discussions with Scott Nathan, the executive director of the U.S. Development Finance Corporation (DFC), during his visit to Washington

Business » Energy | February 13, 2024, Tuesday // 13:41 | Viewed: 3359

Bulgaria and USA Ink Deal for New Nuclear Power Units at Kozloduy NPP

Bulgaria and the United States have formally sealed an agreement to collaborate on the construction of two new units at the Kozloduy Nuclear Power Plant

Business » Energy | February 12, 2024, Monday // 19:12 | Viewed: 2906

Bulgarian & US Officials Explore Energy Security Strategies

Bulgarian Ministers Rumen Radev of Energy and Assen Vassilev of Finance recently engaged in high-level talks with US Secretary of Energy Jennifer Granholm in Washington, D.C., focusing on critical energy issues

Business » Energy | February 7, 2024, Wednesday // 18:10 | Viewed: 2884

Bulgaria Faces Looming Energy Crisis by 2038, Warns Expert

Energy expert Ivan Hinovski has issued a stark warning about Bulgaria's future energy prospects, highlighting the imminent threat of losing all base capacities by 2038

Business » Energy | February 7, 2024, Wednesday // 13:22 | Viewed: 2541

February Brings a Drop in Bulgarian Natural Gas Prices

The Energy and Water Regulatory Commission (EWRC) has approved a substantial 8.4% reduction in the price of natural gas for February

Business » Energy | February 2, 2024, Friday // 10:16 | Viewed: 2680

Sad: Bulgaria and EU Witness Rise in Fossil Fuel Dependency

Recent Eurostat data unveils a concerning trend in the European Union's energy landscape, highlighting an increase in fossil fuel dependence from 69.9% in 2021 to 70.9% in 2022

Business » Energy | January 31, 2024, Wednesday // 10:43 | Viewed: 2729

Concerns Rise Over Wind Turbines' Potential Impact on Black Sea Tourism and Fishing

The Bulgarian Parliament has passed the Renewable Sources Energy Act in marine spaces at its initial reading, aiming to establish administrative procedures and principles for the development

Business » Energy | January 26, 2024, Friday // 18:00 | Viewed: 2750

Bulgaria-Turkey Gas Network Deal: Bulgartransgaz and Botas Unite

"Bulgartransgaz" and Turkey's gas transmission system operator, "Botas," have officially signed an Agreement for the interconnection of the Strandja - Malkoçlar point, marking a key milestone in fostering the diversification of natural gas sources

Business » Energy | January 25, 2024, Thursday // 13:00 | Viewed: 2837

Kozloduy Nuclear Power Plant Granted Permit for Storage of Westinghouse Nuclear Fuel

The Nuclear Regulation Agency (NRA) has officially granted Kozloduy Nuclear Power Plant (NPP) a permit for the storage of fresh RWFA-type nuclear fuel produced by Westinghouse, according to an announcement on January 24

Business » Energy | January 24, 2024, Wednesday // 18:35 | Viewed: 3298

Greece and Bulgaria Celebrate New Energy Link for Green Future

The official opening of the second cross-border power line between Greece and Bulgaria marked a significant event during the ministerial meeting of the Central and South-East European Energy Connectivity Group (CESEC) on Friday (January 19th)

Business » Energy | January 22, 2024, Monday // 12:22 | Viewed: 3904

Energy Dynamics: Why Bulgaria Opts for Electricity Imports

Bulgaria is undergoing a shift toward becoming a net importer of electricity, driven by economic considerations, warns energy expert Krassimir Manov

Business » Energy | January 16, 2024, Tuesday // 16:23 | Viewed: 3165

Bucharest hosting the high-level renewables investment event Energy Week Black Sea

On 6-8th February, the international renewables investment conference Energy Week Black Sea will take place in Bucharest, Romania

Business » Energy | January 15, 2024, Monday // 10:51 | Viewed: 2440

Bulgaria Commits to Phasing Out Coal-Fired Power Plants by 2030, Prioritizing Renewable Energy

Bulgaria's Minister of Environment and Water, Julian Popov, has affirmed the country's commitment to phasing out coal-fired power plants, emphasizing that the transition will be market-driven rather than state-mandated

Business » Energy | January 14, 2024, Sunday // 16:00 | Viewed: 2969

Anticipated 6% Drop: Bulgargaz Forecasts Significant Price Decrease for Natural Gas in February

Bulgargaz, the national gas company, projects a notable reduction in natural gas prices by nearly 6% for February

Business » Energy | January 14, 2024, Sunday // 10:41 | Viewed: 2896

Bulgaria Delays Belene Nuclear Equipment Sale, Awaits Unified EU Position on Ukraine

Amidst ongoing uncertainties surrounding the Belene nuclear power plant, Bulgaria's Energy Minister, Rumen Radev, revealed on Friday a strategic decision to postpone the sale of equipment from the unfinished facility to Ukraine

Business » Energy | January 12, 2024, Friday // 16:03 | Viewed: 3357

PM Denkov: Bulgaria's Electricity Imports Driven by Cost, Not Capacity Shortage

Prime Minister Nikolai Denkov addressed questions in Parliament, clarifying that Bulgaria imports electricity on certain days or hours due to cost considerations, not due to a lack of generating capacity

Business » Energy | January 12, 2024, Friday // 13:30 | Viewed: 2353

After The Escalation In Yemen: Brent Oil Prices Jumped

Brent crude oil prices rose two percent to $78.94 a barrel after the escalation of the situation in Yemen

Business » Energy | January 12, 2024, Friday // 10:19 | Viewed: 1999

Concerning: Bulgaria Transforms Into Net Importer Of Electricity Amidst Rising Consumption

As a consequence of the recent cold spell gripping Bulgaria, the nation experienced a notable shift in its energy dynamics, emerging as a net importer of electricity on January 9

Business » Energy | January 11, 2024, Thursday // 15:30 | Viewed: 4590

Bulgaria Takes Aim at Unfair Gas Agreement with Turkey, Urges Renegotiation for Better Terms

In a bold move, Prime Minister Nikolai Denkov of Bulgaria has revealed the country's intention to renegotiate the terms of a 13-year gas agreement with Turkey’s Botas

Business » Energy | January 11, 2024, Thursday // 09:06 | Viewed: 2531

Bulgarian Businesses Grapple with 12% Surge in Electricity Prices

Electricity costs for Bulgarian businesses soared by approximately 12% as Monday's trading on the Independent Bulgarian Energy Exchange (IBEX) closed, setting the stage for a steeper bill on Tuesday, January 9

Business » Energy | January 8, 2024, Monday // 16:47 | Viewed: 2771

Bulgaria: Thermal Power Plant 'Bobov Dol' Halts Operations Due to Low Electricity Prices

The Thermal Power Plant "Bobov Dol" announced a temporary cessation of its operations, primarily attributed to the prevailing low electricity prices on the power exchange, as stated by the Executive Director, Eng. Lyubomir Spasov on January 4

Business » Energy | January 4, 2024, Thursday // 16:37 | Viewed: 3611
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria