Business » Energy

Bulgaria Hopes to Break Ground of Delayed Hydro Project 2013

The construction of the vastly troubled and long-delayed Bulgarian hydro power project on the Arda river in the south will most probably start in 2013, officials in Sofia say.

Business » Energy | April 27, 2012, Friday // 12:52 | Viewed: 1343

Bulgaria to Become 1st EU Country to Receive Azerbaijani Gas

Bulgaria will become the first EU country to receive gas from Azerbaijan, Azerbaijan's President Ilham Aliyev has told Bulgarian Prime Minister Boyko Borisov.

Business » Energy | April 26, 2012, Thursday // 20:35 | Viewed: 1495

Hungary’s MOL Ready to Sell Stake in Nabucco Project

Hungarian energy company MOL is ready to sell its stake in the Nabucco natural gas pipeline project, it was made clear on Thursday.

Business » Energy | April 26, 2012, Thursday // 19:12 | Viewed: 1416

Initiative Committee Calls for Revival of Bulgaria's Abandoned N-Plant

A total of 15 people have formed a committee in Bulgaria that will launch a petition for a referendum on the fate of the abandoned Belene Nuclear Power Plant project.

Business » Energy | April 26, 2012, Thursday // 16:59 | Viewed: 1041

Bulgaria Forms Working Group to Built 7th Reactor at Kozloduy NPP

Bulgaria's government will be setting up a working group to be in charge of the construction of Unit 7 at the country's only existing nuclear power plant in the Danube town of Kozloduy.

Business » Energy | April 26, 2012, Thursday // 12:56 | Viewed: 998

Bulgaria Charges 2 Ex Top Officials over Belene Nuclear Plant Project

The Sofia City Prosecutor's Office has started a procedure against two former CEOs of the Bulgarian National Electric Company NEK over the controversial project for a second Bulgarian nuclear power plant in Belene.

Business » Energy | April 25, 2012, Wednesday // 19:28 | Viewed: 1673

Bulgaria to Boost Energy Efficiency of Public Transport

A program called "Energy Efficiency and Green Economy" that was presented Wednesday at the Ministry of Transport envisages increasing the number of trolleybuses in big cities and introducing hybrid buses and 100% electric buses.

Business » Energy | April 25, 2012, Wednesday // 18:53 | Viewed: 1017

Bulgaria to Boost Energy Efficiency of SMEs with EU Money

A total of EUR 150 M has been provided under the Competitiveness Operational Program for boosting the energy efficiency of micro, small and medium-sized enterprises, according to Economy and Energy Minister Delyan Dobrev.

Business » Energy | April 25, 2012, Wednesday // 16:19 | Viewed: 848

Bulgaria to Launch 600 MW of Renewable Energy Capacities in 1 Year

Around 350 MW of renewable energy capacities have been launched in the country since July 2011, according to Energy and Economy Minister Delyan Dobrev.

Business » Energy | April 24, 2012, Tuesday // 17:26 | Viewed: 1635

Nabucco Consortium: Hungary's MOL Not Quitting Gas Transit Pipeline

The Nabucco Consortium has no indication to believe that Hungary and its energy company MOL will quit the Nabucco gas transit pipeline project, the Consortium said in a special statement.

Business » Energy | April 24, 2012, Tuesday // 14:53 | Viewed: 1881

Bulgaria Scrapped Belene N-Plant for Political Reasons, Russia Says

Bulgaria's decision to abandon the Belene Nuclear Power Plant project was political and not due to technical or economical reasons, according to Sergey Kiriyenko, head of Russia's state-owned Rosatom energy company.

Business » Energy | April 24, 2012, Tuesday // 14:45 | Viewed: 1454

Fuel Prices in Bulgaria to Stabilize at Current Levels - Energy Minister

Fuel prices in Bulgaria will stabilize around their current levels, according to Delyan Dobrev, Minister of Economy, Energy and Tourism.

Business » Energy | April 24, 2012, Tuesday // 11:58 | Viewed: 827

Hungary to Quit Nabucco Gas Pipeline Project - Report

Hungarian company MOL will probably leave the EUR 7.9 B Nabucco natural gas pipeline project, according to the country's Prime Minister Viktor Orban.

Business » Energy | April 24, 2012, Tuesday // 09:45 | Viewed: 1263

Thermal Power Plant Capacity in Bulgaria's Pernik Faces Shutdown

The fifth steam turbine, which is the main capacity of the Republika Thermal Power Plant in Pernik, will be stopped in a few days' time.

Business » Energy | April 23, 2012, Monday // 18:06 | Viewed: 1502

Bulgaria's Belene NPP Would've Cost EUR 10 B, HSBC Estimates

The construction of the Belene Nuclear Power Plant would have cost EUR 10.35 B in the best case scenario, according to the estimates of Bulgarian government's consultant for the project, the HSBC bank.

Business » Energy | April 23, 2012, Monday // 17:42 | Viewed: 2534

Russian Expert: South Stream Will Never Pay Off

The Russian-sponsored gas transit pipeline South Stream is a purely political project, and will never return the invested money, according to an independent Russian expert.

Business » Energy | April 23, 2012, Monday // 16:19 | Viewed: 1741

Lukoil Bulgaria CEO Seeks Short-Term Fuel Price Measures

Given the current crude oil prices on international markets, liquid fuel prices in Bulgaria could drop by BGN 0.09-0.10 per liter as a result of short-term measures adopted by the state, according to Lukoil CEO Valentin Zlatev.

Business » Energy | April 23, 2012, Monday // 12:50 | Viewed: 1328

Sofia Heating Company Shuts off Power

Sofia's heating company announced it will begin to shut off the central heating in the capital as of April 23, Monday.

Business » Energy | April 23, 2012, Monday // 07:21 | Viewed: 717

Bulgaria's Plovdiv Declares Energy-Retrofitted Buildings Tax-Exempt

The Southern Bulgarian Plovdiv Municipality has declared buildings retrofitted under the Energy Upgrade of Bulgarian Homes tax-exempt.

Business » Energy | April 22, 2012, Sunday // 12:55 | Viewed: 2220

Mass Rally in Northern Bulgaria Demands Belene NPP

Some 2 000 people have rallied in the northern Bulgarian city of Pleven in support for the Belene nuclear power plant project, which has been abandoned by Bulgaria's Borisov Cabinet.

Business » Energy | April 22, 2012, Sunday // 12:15 | Viewed: 1219

Russia's Ambassador to Bulgaria: NPP Project No Charity

Moscow is awaiting the payments due for Bulgaria's abandoned nuclear plant project in Belene, the Russian ambassador here has said.

Business » Energy | April 21, 2012, Saturday // 13:16 | Viewed: 1589
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