Business » Energy

Bulgaria’s State-Owned Gas Supplier Seeks 13.17% Gas Price Decrease as of April

Bulgaria’s state-owned gas supplier Bulgargaz has submitted with the Commission for Energy and Water Regulation a proposal for a decrease in the price of natural gas by 13.

Business » Energy | March 12, 2015, Thursday // 07:22 | Viewed: 938

Bulgargaz Expected to Seek 13% Cut in Gas Price

Bulgargaz is expected to ask Bulgaria’s energy regulator on Wednesday to cut gas prices for consumers for the second quarter of the year by 13.

Business » Energy | March 10, 2015, Tuesday // 20:37 | Viewed: 1069

Bulgaria Launches Tender for South Stream Gas Pipeline Public Procurement

Bulgaria’s Regional Development Ministry has launched a tender for the assignment of a public procurement related to the Bulgarian section of the offshore section of the South Stream gas pipeline.

Business » Energy | March 10, 2015, Tuesday // 10:12 | Viewed: 1961

Current Deficit at Bulgaria’s National Electric Company at BGN 600 M

The deficit at Bulgaria’s National Electric Company (NEK) stands at BGN 3.3 B, while the current deficit for 2014 amounts to BGN 600 M, according to Energy Minister Temenuzhka Petkova.

Business » Energy | March 9, 2015, Monday // 08:14 | Viewed: 1135

Westinghouse Fuel Performs Flawlessly in Ukraine NPP, Experts Say

Westinghouse Electric Company's fuel at the South Ukraine Nuclear Power Plant's Unit 3 has performed flawlessly over at least three nuclear cycles, the company has said in a statement.

Business » Energy | March 5, 2015, Thursday // 13:34 | Viewed: 965

Europe Has No Alternative to Russian Gas at Present – Bulgaria’s Deputy PM

The Bulgarian government sees no alternative to Russian gas supplies to Europe and is ready to examine the terms of receiving deliveries via Turkish Stream, according to Deputy Prime Minister Ivaylo Kalfin.

Business » Energy | March 5, 2015, Thursday // 13:09 | Viewed: 1156

Bulgaria, Azerbaijan Seek to Unblock Nabucco Gas Project

Bulgaria and Azerbaijan's leaders are to seek a renewal of the Nabucco gas pipeline project which came to a halt a few years back, Bulgarian PM Boyko Borisov has announced.

Business » Energy | March 4, 2015, Wednesday // 13:55 | Viewed: 2518

Bulgaria Regrets Russia’s Decision to Quit South Stream - Ambassador

Bulgaria regrets Moscow’s decision to stop work on the South Stream gas pipeline, according to Bulgaria’s Ambassador to Russia Boyko Kotsev.

Business » Energy | March 2, 2015, Monday // 14:30 | Viewed: 2335

Gazprom Approves Capital Increase of South Stream Transport B.V.

The Board of Directors of Gazprom has approved a capital increase of EUR 569.4 M for South Stream Transport B.V.

Business » Energy | March 2, 2015, Monday // 11:52 | Viewed: 3018

EVN Proposes Rise in Electricity Prices of 6.98%

The electricity company supplying Southeast Bulgaria EVN made a proposal for the price of the service to rise by 6.98% starting July 1 of 2015 in an official statement.

Business » Energy | February 27, 2015, Friday // 15:46 | Viewed: 1285

Planned Unit 7 of Bulgaria's Kozloduy NPP to Generate USD 11 B

US-based nuclear power company Westinghouse estimated that the electricity produced by unit 7 of Bulgaria's Kozloduy NPP will cost between USD 75 and 84, if it constructs its AP1000 plant there.

Business » Energy | February 27, 2015, Friday // 12:15 | Viewed: 1461

Russia, Ukraine to Take Part in Gas Meeting with EU Next Week

Moscow and Kiev are due to attend a three-way meeting on gas issues in Brussels, the EU Commission has said.

Business » Energy | February 27, 2015, Friday // 09:21 | Viewed: 1178

Bulgaria’s Parliament Approves Energy Act Amendments concerning Energy Watchdog

Bulgaria’s State Commission for Energy and Water Regulation (DKEVR) is renamed to Commission for Energy and Water Regulation (KEVR) under amendments to the Energy Act that passed second reading in Parliament on Thursday.

Business » Energy | February 26, 2015, Thursday // 17:26 | Viewed: 1082

Westinghouse Optimistic about EU Energy Union

The new strategic framework for the creation of a Energy Union was deemed ''crucial'' to EU future in a Westinghouse report published Wednesday.

Business » Energy | February 25, 2015, Wednesday // 15:22 | Viewed: 1660

Bulgaria’s Chiren Gas Storage Has Enough Gas for 3 Months

Bulgaria’s Chiren underground gas storage contains enough gas to meet the country’s needs for three months with some restrictions, according to a media statement of the Energy Ministry.

Business » Energy | February 25, 2015, Wednesday // 07:43 | Viewed: 1127

Bulgarian Industrial Energy Consumers Seek 22.7% Gas Price Decrease

Industrial energy consumers call for a reduction in the price of natural gas by at least 22.7% as of April, according to an open letter of the Bulgarian Federation of Industrial Energy Consumers to the ministers of economy and energy.

Business » Energy | February 24, 2015, Tuesday // 15:06 | Viewed: 1056

Gazprom Threatens to Stop Gas Supplies to Ukraine in 2 Days

Russian energy giant Gazprom warned on Tuesday that Europe was running a serious risk of losing access to the flow of gas via Ukraine in the next two days.

Business » Energy | February 24, 2015, Tuesday // 12:34 | Viewed: 1350

Bulgaria's Leftist ABV Party To Propose Referendum on Shale Gas Extraction

Deputy Chair of leftist party ABV, Rumen Petkov said Monday that a new referendum will be proposed in Dobrich regarding shale gas acquisition.

Business » Energy | February 24, 2015, Tuesday // 10:25 | Viewed: 1397

Bulgaria 'to Diversify Gas Supplies in 2 Years' - Expert

In two years Bulgaria will be able to achieve diversification, Iliyan Vasilev, a former Bulgarian ambassador to Russia and currently an energy expert, has said.

Business » Energy | February 23, 2015, Monday // 15:42 | Viewed: 1283

Bulgaria’s Energy Sector is In State of Financial Collapse - Minister

Bulgaria’s energy sector is in a state of financial collapse and in need of urgent and adequate measures, according to Minister Temenuzhka Petkova.

Business » Energy | February 22, 2015, Sunday // 13:48 | Viewed: 2262

Bulgarian Watchdog Fines Power Distributor EVN BGN 1 M

Power distributor EVN, which services southeastern Bulgaria, has been imposed a fine of BGN 1 M.

Business » Energy | February 22, 2015, Sunday // 12:13 | Viewed: 5004