Business » Energy

Inter RAO Woos E.ON, RWE, Enel, Close to Bulgarian Deal

Russia's state power trader Inter RAO is in talks with E.ON AG, RWE AG and Enel SpA on possible asset swaps or acquisitions in Europe as the company seeks to expand abroad, a company official said.

Business » Energy | December 30, 2010, Thursday // 10:12 | Viewed: 2683

Bulgarian Invention May Reduce Natural Gas, Heating Costs

An innovation created by a Bulgarian scientist is said to be able to make natural gas use more efficient and cut down the expenses for central heating.

Business » Energy | December 29, 2010, Wednesday // 20:35 | Viewed: 2693

Enel to Sell Bulgarian TPP Stake to Russian Inter RAO

The Italian power utility Enel has negotiated with Russia's Inter RAO about possibly selling their majority stake in the Bulgarian Maritsa 3 TPP, according to Wall Street Journal.

Business » Energy | December 29, 2010, Wednesday // 15:57 | Viewed: 1875

Gazprom Will Keep Controversial Intermediaries as Strategic

Russian gas giant Gazprom's export schemes are optimal and are not to be altered, is the conclusion of a recently completed largescale internal review.

Business » Energy | December 28, 2010, Tuesday // 09:19 | Viewed: 1807

Bulgaria's Energy Watchdog Lowers Heating Prices by 5%

Bulgaria’s State Commission for energy and Water Regulation (DKEVR) has approved a price reduction of 5% for natural gas from January 1, 2011.

Business » Energy | December 27, 2010, Monday // 15:57 | Viewed: 1710

Serbian Eco Minister Opposes Bulgaria's Nuclear Project

Serbia's participation in the project to build a second Nuclear Power Plant in the Bulgarian Danube town of Belene is not feasible, according to Serbian Environment Minister, Oliver Dulic.

Business » Energy | December 27, 2010, Monday // 11:29 | Viewed: 2091

Bulgaria's Energy Watchdog to Lower Heating Prices

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) is convening behind closed doors Monday to make a final decision on natural gas and heating prices.

Business » Energy | December 27, 2010, Monday // 09:53 | Viewed: 1517

German Company Invests EUR 75 M in Bulgarian Wind Park

Bulgarian company IWC Bulgaria 4 owned by German Innovative Wind Concepts is planning a new wind park in the northeastern part of the country near the city of Shumen.

Business » Energy | December 26, 2010, Sunday // 18:07 | Viewed: 2340

Gazprom to Drop Prices to Estonia, Latvia, Belarus

Gazprom has announced it plans to drop prices of natural gas sold to Estonia, Latvia and Belarus with some 15%.

Business » Energy | December 26, 2010, Sunday // 13:52 | Viewed: 2327

Japan Snatches Deal for Turkey's 2nd Nuclear Plant from South Korea

After months of talks, Japan appears to have grabbed from South Korea a deal for the construction of a nuclear power plant in Turkey.

Business » Energy | December 25, 2010, Saturday // 19:23 | Viewed: 3781

Russian Gazprom Starts South Stream Sea Segment Study

The Russian energy giant Gazprom is launching in the beginning of 2011 the study of the sea segment of the gas pipeline South Stream.

Business » Energy | December 24, 2010, Friday // 12:57 | Viewed: 2038

Finish Fortum Confirms 1% Stake of Bulgaria Nuclear Plant

The Finish energy consortium Fortum plans acquire no more than 1% in the second Bulgarian Nuclear Power Plant (NPP) to be build in the Danube town of Belene.

Business » Energy | December 21, 2010, Tuesday // 17:11 | Viewed: 1530

WikiLeaks: Bulgarian Nuclear Project Belene Reeks of Side Deals

German utility RWE abandoned plans to participate in the construction of a 2000MW nuclear plant in the Bulgarian Danube town of Belene after realizing that working with Russian and Bulgarian companies in the energy sector is a 'poisonous combination'.

Business » Energy | December 21, 2010, Tuesday // 09:57 | Viewed: 2623

CEZ Power Utility Halts Blackouts over Holidays

The Czech-owned power utility CEZ, servicing southwestern Bulgaria, is temporarily putting on hold the planned repairs which involve interruptions in electric power supply.

Business » Energy | December 19, 2010, Sunday // 12:10 | Viewed: 1651

Bulgaria's Energy Watchdog to Further Decrease Natural Gas Price

Bulgaria's State Commission for Energy and Water Regulation will further increase the planned drop in the price of the natural gas by more than 5% starting January 2011.

Business » Energy | December 18, 2010, Saturday // 16:43 | Viewed: 1764

New French Hydro-Power Plant Unveiled in Bulgaria

The Dzherman hydro-power plant, an investment of "Electricite de France Energies Nouvelles" (EDF EN), was formally opened in Southwestern Bulgaria on Saturday.

Business » Energy | December 18, 2010, Saturday // 14:20 | Viewed: 2052

Bulgaria's Key Economic Ministers Diverge on Belene NPP

Bulgaria's two key ministers with economic portfolios have expressed somewhat differing views on the future of the project for the country's second nuclear power plant at Belene.

Business » Energy | December 18, 2010, Saturday // 10:45 | Viewed: 2053

Overgas Disputes Tender Awarding Exploration Rights to Park Place Energy

The Bulgarian private natural gas supplier Overgas is disputing a tender to award exploration rights for a Bulgarian plot to Park Place Energy Corp, a North American oil and gas exploration company.

Business » Energy | December 17, 2010, Friday // 20:42 | Viewed: 1809

Bulgaria Announces 3 New Bids for Oil and Gas Exploration

The Bulgarian government announced Thursday three new bids for exploration for oil and gas in the northern parts of the country.

Business » Energy | December 16, 2010, Thursday // 18:55 | Viewed: 2700

Bulgaria Might Kill Burgas-Alexandroupolis Pipeline by Not Paying Dues

Bulgaria has failed to pay the EUR 6 M that it owes as its contribution to the joint project company with Greece and Russia, which is supposed to construct the Burgas-Alexandroupolis oil pipeline.

Business » Energy | December 16, 2010, Thursday // 14:37 | Viewed: 2704

Bulgaria to Have New Renewable Energy Act

Bulgaria's new Renewable Energy source act will be ready in two weeks, the country's Energy Minister has stated.

Business » Energy | December 14, 2010, Tuesday // 19:17 | Viewed: 2788