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Putin, Berlusconi Inspired by Prospects of Germany Joining South Stream

The Prime Ministers of Russia and Italy, Vladimir Putin and Silvio Berlusconi, have paved the way for German companies to join the South Stream gas transit pipeline.

Business » Energy | October 9, 2010, Saturday // 19:32 | Viewed: 2698

Mitschek: Nabucco to Get Enough Gas in 2015

The EU-sponsored gas transit pipeline Nabucco has achieved much progress so far, Reinhard Mitschek, Managing Director of Nabucco Gas Pipeline International GmbH said for Novinite.com (Sofia News Agency).

Business » Energy | October 8, 2010, Friday // 20:32 | Viewed: 1806

JKX Oil and Gas Abandons Well in Eastern Bulgaria

Britain's JKX Oil & Gas, the operator of the B1-Golitza license in Bulgaria, announced it has plugged and abandoned the Staro Oryahovo South R-01 exploration well in the eastern part of the country.

Business » Energy | October 8, 2010, Friday // 15:20 | Viewed: 1593

RWE: Nabucco Decision No Earlier than 2011

German utility RWE AG Friday said a decision on whether to invest in the European Union-backed Nabucco natural gas pipeline will be made only in 2011.

Business » Energy | October 8, 2010, Friday // 13:46 | Viewed: 1381

US Company Lands Permit for Shale Gas Prospecting in Bulgaria

The Bulgarian government has formally approved a 5-year concession for oil and gas prospecting in a 400 sq.km. area in northeast Bulgaria for North American company Park Place Energy Corp.

Business » Energy | October 7, 2010, Thursday // 15:33 | Viewed: 2160

Inter RAO to Acquire Enel's Bulgaria Coal-Fired Plant - Report

Russia's state power trader Inter RAO has been tipped as the most likely buyer of a majority stake in Bulgaria's Maritsa East 3 coal-fired power plant, controlled by Italy's Enel SpA, according to reports.

Business » Energy | October 7, 2010, Thursday // 15:26 | Viewed: 1718

Bulgaria Gets Crucial Environment Assessment of Oil Pipeline

Bulgaria's environment ministry has received an environment assessment study of the planned Burgas-Alexandroupolis oil pipeline and is expected to rule on it in a month.

Business » Energy | October 6, 2010, Wednesday // 13:57 | Viewed: 1573

Sofia Heating Utility Ready to Enter Winter Mode

The heating utility in Bulgaria's capital Sofia "Toplofikatsiya" announces Tuesday they are ready to provide heat to customers if the latter so desire.

Business » Energy | October 5, 2010, Tuesday // 17:28 | Viewed: 1477

Bulgaria Pushes Nabucco Forward after Talks with Turkey, Georgia

Bulgaria has coordinated its position on the Nabucco gas transit pipeline with Turkey and Georgia, and will be seeking further support from the EU to accelerate the project.

Business » Energy | October 4, 2010, Monday // 20:43 | Viewed: 2394

Bulgaria to Start Exporting Electricity to Turkey Once Again

Bulgaria should be able to start exporting electricity to Turkey end of October, the energy ministers of the two countries agreed in Sofia.

Business » Energy | October 4, 2010, Monday // 20:19 | Viewed: 2067

Bulgaria Negotiates Transit of Azerbaijan Gas with Georgia

Bulgaria is in negotiations with Georgia for the transit of 2 billion cubic meters of natural gas from Azerbaijan.

Business » Energy | October 4, 2010, Monday // 19:51 | Viewed: 1432

S&P Downgrades Bulgaria Electricity Utility Rating

Standard&Poor's Ratings Services announced it has lowered the corporate credit rating on Bulgaria-based National Electricity Utility NEK.

Business » Energy | October 2, 2010, Saturday // 18:18 | Viewed: 1452

Bulgaria Nuclear Plant Kozloduy Holds Open Doors Day

The Bulgarian Nuclear Power Plant (NPP) in the Danube town of Kozloduy is holding Saturday an open doors day, the NPP informs.

Business » Energy | October 2, 2010, Saturday // 11:39 | Viewed: 1224

Macedonia Closer to Joining South Stream

Macedonia appears to be very close to being included in the South Stream gas transit pipeline after its government held talks with Gazprom officials on Friday.

Business » Energy | October 1, 2010, Friday // 21:12 | Viewed: 2443

CEZ Okays Payment of BGN 41 M Dividend to Bulgaria

Czech-owned power utility CEZ has formally approved the decision to pay a total dividend of BGN 41 M to the Bulgarian government.

Business » Energy | October 1, 2010, Friday // 19:19 | Viewed: 1660

Bulgaria, Turkey to Join Forces for EU Funding of Gas Grids

Bulgarian Energy Minister Traicho Traikov has met with his Turkish counterpart, Taner Yildiz, during the second edition of the two-day "Black Sea Energy and Economy Forum" in Istanbul.

Business » Energy | September 30, 2010, Thursday // 18:22 | Viewed: 1662

Melrose Lands Yet Another Concession Contract in Bulgaria

Edinburgh- based oil and gas explorer Melrose Resources has landed a seven-year concession contract to extract natural gas from the Kaliakra field in Bulgaria, the government announced.

Business » Energy | September 30, 2010, Thursday // 16:26 | Viewed: 2592

Romania Wants to Export Electricity to Bulgaria

Romania could export more electricity to Bulgaria, according to Adrian Baiscusi, general manager of Romanian power grid operator Transelectrica (TEL).

Business » Energy | September 30, 2010, Thursday // 15:50 | Viewed: 1699

Bulgarian PM Asks Russians to Build Belene NPP for EUR 7 B

Bulgaria's Prime Minister Boyko Borisov hinted he has asked Russian company Atomstroyexport to build the Belene Nuclear Power Plant for not more than EUR 7 B.

Business » Energy | September 30, 2010, Thursday // 11:21 | Viewed: 2023

Bulgaria with High Hopes for 2nd Black Sea Energy Forum

The second edition of the "Black Sea Energy and Economy Forum" has started in Istanbul with Bulgarian Economy Minister Traicho Traikov among the participants.

Business » Energy | September 29, 2010, Wednesday // 18:46 | Viewed: 1867

Macedonia Starts Gazprom Talks to Join South Stream

Macedonia will hold talks on October 1 with Russian gas giant Gazprom on joining the South Stream gas pipeline project.

Business » Energy | September 28, 2010, Tuesday // 20:23 | Viewed: 1747
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria