Business » Energy

Westinghouse Picks М3 Communications for Its PR Agency in Bulgaria

Leading Bulgarian PR firm М3 Communications Group, Inc. will back US-based Westinghouse Electric’s efforts to move forward with planned expansion of Bulgaria’s Kozloduy nuclear power plant.

Business » Energy | October 22, 2014, Wednesday // 16:24 | Viewed: 1380

Bulgaria's Energy Market 'Needs More Dealers'

There is a lack of competitors in energy trade on the liberalized energy market, the Bulgarian energy watchdog DKEVR warned Tuesday.

Business » Energy | October 21, 2014, Tuesday // 12:58 | Viewed: 898

Incoming EU Energy Commissioner Prefers Southern Gas Corridor over South Stream

EU should back the Southern Gas Corridor, a project rivaling the South Stream gas pipeline, as a means to provide security of energy supplies, Slovakia's EU Commissioner designate Maroš Šefčovič has said.

Business » Energy | October 21, 2014, Tuesday // 11:43 | Viewed: 1445

Kozloduy NPP Completes Planned Annual Overhaul of Unit 6

The planned annual overhaul of unit 6 of Bulgaria’s Kozloduy nuclear power plant has been completed and it has been reconnected to the energy grid.

Business » Energy | October 20, 2014, Monday // 15:54 | Viewed: 760

Kozloduy NPP Transferred BGN 7 M to Westinghouse under Upgrade Program for Units 5, 6

Bulgaria’s Ministry of Economy and Energy specified that US company Westinghouse Energy Systems had been transferred over BGN 7 M under an upgrade program for units 5 and 6 of the Kozloduy NPP.

Business » Energy | October 19, 2014, Sunday // 13:24 | Viewed: 1176

Bulgarian Employers, Trade Unions, Decry Lobby Groups in Energy Board

Representatives of Bulgarian employers’ associations and trade unions have complained of the presence of strong lobby groups in the Energy Board in a letter to caretaker Prime Minister Georgi Bliznashki and caretaker Deputy Prime Minister Ekaterina Zahari

Business » Energy | October 17, 2014, Friday // 21:15 | Viewed: 1383

Varna TPS, CEZ Employees to Hold Protest Rally in Sofia

About 300 employees of power distributor CEZ and the Varna Thermal Power Station (TPS) are to march in Bulgaria's capital Sofia on Thursday.

Business » Energy | October 16, 2014, Thursday // 12:43 | Viewed: 953

TANAP Pipeline Agreement Signed in Turkey

The agreement to go on with the Trans-Anatolian gas pipeline (TANAP) was signed in Turkey's biggest city Istanbul.

Business » Energy | October 15, 2014, Wednesday // 09:31 | Viewed: 1235

EU Recommends That Bulgaria Deregulates Electricity Prices

Bulgaria must deregulate the electricity market for household consumers and small companies, split the Energy Holding into smaller companies and speed up the construction of gas pipeline connections with the neighbouring countries, recommends the EC in a

Business » Energy | October 14, 2014, Tuesday // 08:04 | Viewed: 1373

Bulgaria’s Domestic Gas Production to Cover 34% of Gas Needs by 2016

In two years’ time, 34% of Bulgaria’s gas needs will be covered through local production, according to a forecast of state-owned gas transmission operator Bulgartransgaz.

Business » Energy | October 13, 2014, Monday // 15:02 | Viewed: 1132

Bulgaria to Specify Place for Receiving Azeri Gas by 2020

Bulgaria should specify the point at which it will receive gas from Azerbaijan by 2020, the deadline for the completion of the Trans-Adriatic pipeline (TAP), according to Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR)

Business » Energy | October 13, 2014, Monday // 13:50 | Viewed: 1171

Russia’s Gazprom Neft to Build 20 New Filling Stations in Bulgaria

Gazprom will build 20 new filling stations in Bulgaria by end-2016, according to Ivan Kostadinov, Genaral Mager of NIS Petrol Bulgaria.

Business » Energy | October 13, 2014, Monday // 12:13 | Viewed: 1295

Bulgaria Inks Kozloduy NPP Unit 5 Life Extension Deal with Russian-French Consortium

The life of unit 5 of Bulgaria’s Kozloduy nuclear power plant may be extended by up to 60 years, according to a media statement of the N-plant.

Business » Energy | October 9, 2014, Thursday // 19:56 | Viewed: 1716

Gazprom Announces 47% Price Spike for South Stream Gas Pipeline

Alexander Ivannikov, First Deputy Head of the Department for Finance & Economics at Gazprom, has announced a major spike in the cost of the South Stream gas pipeline.

Business » Energy | October 9, 2014, Thursday // 18:10 | Viewed: 2213

Bulgaria’s Energy Watchdog Mulls New Fee for All Power Generators

Bulgaria’s State Commission for Energy and Water Regulation (DKEVR) mulls introducing a new fee in the sector which will be applicable to all power generators, according to DKEVR Chair Svetla Todorova.

Business » Energy | October 8, 2014, Wednesday // 14:13 | Viewed: 1191

Gazprom Ready to Boost Gas Supplies to China By 1000 BCM

Russia's state-owned energy concern Gazprom could increase gas flow to China by 100 billion cubic meters on a yearly basis in the near future, CEO Alexey Miller said Tuesday.

Business » Energy | October 8, 2014, Wednesday // 13:44 | Viewed: 1076

Bulgaria's Gas Links with Turkey, Serbia and Greece 3 to 5 Years Delayed

There is currently no decrease in Bulgaria's gas pipeline network pressure, or in the delivered gas volumes from Russia, Deputy Minister of Economy and Energy Anton Pavlov said.

Business » Energy | October 7, 2014, Tuesday // 19:35 | Viewed: 1366

EU Commission Criticizes Bulgaria's 'Low' Electricity Prices

Bulgaria ranks among eleven EU member states suffering from deficits in power tariffs, the European Commission believes.

Business » Energy | October 7, 2014, Tuesday // 16:02 | Viewed: 1499

Three Countries Give Bulgaria EUR 16 M for Energy Efficiency

Norway, Iceland and Liechtenstein have announced they will grant some EUR 16 M to support Bulgarian projects involving energy efficiency and renewables.

Business » Energy | October 7, 2014, Tuesday // 15:19 | Viewed: 1206

Mogherini: South Stream Gas Pipeline Not On EU Priority List

The South Stream gas pipeline is not a priority in the EU’s energy strategy, according to Federica Mogherini, the incoming EU High Representative for Foreign Policy and Security Policy.

Business » Energy | October 7, 2014, Tuesday // 09:52 | Viewed: 3334

Caretaker Govt Replaces CEO of South Stream Bulgaria

Dimitar Gogov, former head of state-owned gas supplier Bulgargaz EAD, has been appointed CEO of South Stream Bulgaria, the company tasked with building the Bulgarian section of the South Stream gas pipeline.

Business » Energy | October 7, 2014, Tuesday // 07:39 | Viewed: 1315