Business » Energy

Rosatom to Modernise Generator Equipment of Bulgaria's Kozloduy NPP

Russia's Rosatom will modernise the generator equipment of unit 5 of Bulgaria's Kozloduy nuclear power plant (NPP).

Business » Energy | October 18, 2015, Sunday // 12:41 | Viewed: 2840

No Price Caps Discussed for Power from AES, ContourGlobal Plants in Bulgaria, Regulator Says

Bulgaria’s energy regulator KEVR said on Wednesday that it hasn’t discussed capping prices of electricity purchased by state-owned National Electricity Company NEK from two local thermal power plants owned by U.

Business » Energy | October 14, 2015, Wednesday // 16:37 | Viewed: 2817

US 'Applying Pressure' on Greece to Build Gas Link w/ Bulgaria

US diplomats are working in Greece to make sure the interconnector project between Athens and Sofia will be carried out, the Bulgarian National Radio has said.

Business » Energy | October 14, 2015, Wednesday // 13:37 | Viewed: 4298

AES, ContourGlobal Quit Bulgaria's Biggest Employer Association over TPP Row

US-based companies AES and ContourGlobal, which own two of Bulgaria's largest thermal-power plants, have submitted declarations that they are leaving one of the key employers' organizations in the country.

Business » Energy | October 14, 2015, Wednesday // 09:54 | Viewed: 3049

Bulgarian Employers Urge Price Caps on Power Purchases from AES, ContourGlobal Plants

The four nationally-represented employers' organizations in Bulgaria - BIA, BCCI, BICA and CEIB – have asked the government to suspend payments above market prices for electricity generated by AES Galabovo and ContourGlobal Maritza East 3 power plants.

Business » Energy | October 13, 2015, Tuesday // 22:00 | Viewed: 2275

Shell Gets Nod for Offshore Oil&Gas Exploration from Bulgaria Govt  

Bulgaria gave the green light to Shell Exploration and Production (LIX) B.

Business » Energy | October 13, 2015, Tuesday // 16:33 | Viewed: 2616

Bulgaria Working to Keep Gas Transport under 100% State Control - PM

Bulgaria's Prime Minister Boyko Borisov has asserted the country is "actively working" tomake sure "everything" that regards gas transportation is fully state-owned.

Business » Energy | October 13, 2015, Tuesday // 12:20 | Viewed: 2224

Westinghouse Should Return to Bulgaria, but 'Under New Conditions' - PM

Bulgaria's Prime Minister Boyko Borisov has voiced his hope that US-based Westinghouse will return to Bulgaria and build Unit 7 of the Kozloduy nuclear power plant, but under new conditions.

Business » Energy | October 12, 2015, Monday // 19:09 | Viewed: 3231

EUR 12.3 M Gas Transmission Pipeline Opens in NE Bulgaria

A new high-pressure gas pipeline was opened in Bulgaria on Friday, linking the Danube city of Silistra to the national gas transmission network.

Business » Energy | October 9, 2015, Friday // 19:31 | Viewed: 2185

Bulgaria Not Planning to Nationalize AES, ContourGlobal TPPs, Energy Min Says

Bulgarian Energy Minister Temenuzhka Petkova has turned down a proposal by employers' organizations that potential investors should be sought to replace AES and ContourGlobal as shareholders at thermal power plants.

Business » Energy | October 8, 2015, Thursday // 22:07 | Viewed: 2340

Bulgaria’s Energoremont Holding AD Acquires Majority Stake in Electroimpeks AD

“Energoremont Holding” AD has acquired the majority stake in “Electroimpeks” AD, a company with over 50 years of international experience in the sphere of engineering services and the implementation of turnkey projects in the sphere of energy.

Business » Energy | October 7, 2015, Wednesday // 21:41 | Viewed: 1842

China's ICBC Bank Offering Loan to Bulgarian Energy Holding

The Industrial and Commercial Bank of China (ICBC) is likely to become the single company to make a binding offer th the Bulgarian Energy Holding (BEH) as the energy structure is looking for a loan of EUR 650 M to pay off debts.

Business » Energy | October 7, 2015, Wednesday // 12:06 | Viewed: 2433

Bulgaria 'Seeking to Become Hub for Russian Gas'

Bulgaria has not set for itself the goal of becoming a key hub for gas produced by Russian energy giant Gazprom, according to a Russian daily.

Business » Energy | October 6, 2015, Tuesday // 11:52 | Viewed: 2511

Bulgaria’s PM: Dobrich – Silistra Gas Pipeline Issued Final Certificate of Fitness

Bulgaria’s state-owned gas transmission system operator Bulgartransgaz EAD has been issued an act for establishment of the construction works’ fitness for operation (Act 16) for the Dobrich – Silistra gas pipeline.

Business » Energy | October 6, 2015, Tuesday // 08:45 | Viewed: 1849

Bulgaria Expects to Choose Builder of Gas Link to Romania in December

A contractor is expected to be selected in early December for the construction of a gas pipeline interconnection with Romania under the Danube river bed, Bulgaria’s Energy Minister Temenuzhka Petkova said on Friday.

Business » Energy | October 2, 2015, Friday // 18:19 | Viewed: 2339

AES Bulgaria Dismisses Suggestion of Unfair Play

AES Bulgaria, the local unit of  NYSE-listed AES Corporation has said it will provide all the necessary information to assist a possible inspection of alleged irregularities in the energy sector by the country’s Chief Prosecutor's Office as it had done in

Business » Energy | October 1, 2015, Thursday // 19:05 | Viewed: 3113

Power Distributor CEZ Bulgaria Welcomes New CEO

Karel Kral is the new CEO of power distributor CEZ Bulgaria EAD.

Business » Energy | October 1, 2015, Thursday // 13:40 | Viewed: 1720

Bulgaria’s Electricity Export Up 31.7% Y/Y in Jan-Sept

By end-September 2015, Bulgarian producers of electricity exported 8.42 million MWh, according to operational data of the Electricity System Operator (ESO).

Business » Energy | October 1, 2015, Thursday // 12:00 | Viewed: 1678

Employers’ Associations Report Irregularities in Bulgaria’s Energy Sector to Chief Prosecutor

The heads of four employers’ associations submitted tip-offs with the prosecuting authority for three types of irregularities in the energy sector.

Business » Energy | September 30, 2015, Wednesday // 16:55 | Viewed: 5092

Prices of Natural Gas, Heating in Bulgaria to Decrease from October 1

At its meeting on Wednesday, the Energy and Water Regulatory Commission (KEVR) adopted the planned increase of the prices of natural gas and heating from October 1.

Business » Energy | September 30, 2015, Wednesday // 14:05 | Viewed: 1649

Shell Awarded Oil, Gas Drilling Permit for Bulgaria’s Silistar Block 1-14

Shell Exploration and Production (LIX) B.V. has been awarded a permit for the prospection and exploration of oil and natural gas at Bulgaria’s Black Sea Silistar Block 1-14, according to an announcement of Energy Minister Temenuzhka Petkova.

Business » Energy | September 29, 2015, Tuesday // 13:49 | Viewed: 3965