Business » Energy

Clinton Doesn't Mention Shale Gas in Bulgaria, Vows to Send Energy Envoy

Bulgaria is a key country for the United States in terms of energy strategy, it transpired during US Secretary of State Hillary Clinton's visit to Sofia Sunday.

Business » Energy | February 5, 2012, Sunday // 15:42 | Viewed: 1474

Russian Gas Supplies for Bulgaria Back to Normal

Russian gas supplies for Bulgaria and transit for Turkey, Greece and Macedonia have been reinstated to normal volume, the Ministry of Economy and Energy reports Saturday.

Business » Energy | February 4, 2012, Saturday // 14:36 | Viewed: 1294

Lower Austria Backs Bulgaria's Hydro Project, Schengen Entry

Lower Austria fully supports the advancing of the "Gorna Arda" hydro power plant project, says the province's Governor, Edwin Proll.

Business » Energy | February 3, 2012, Friday // 17:07 | Viewed: 2275

Bulgartransgaz Reports 1/3 Drop in Russian Gas Supplies

Russian gas supplies to Bulgaria, Greece, Turkey and Macedonia have been reduced by 1/3, according to Kiril Temelkov, CEO of Bulgaria's state-owned gas transmission operator Bulgartransgaz.

Business » Energy | February 3, 2012, Friday // 15:09 | Viewed: 3660

Bulgarian Right Wingers Rise against Shale Gas Fracking Ban

Several MPs with the right-wing Bulgarian Blue Coalition have prepared a draft resolution against the recent ban imposed on the use of hydraulic fracturing in the country.

Business » Energy | February 2, 2012, Thursday // 13:18 | Viewed: 1724

Bulgaria to Pay Debt on Burgas-Alexandroupolis in 2012

Bulgaria plans to pay its debt on the Bourgas-Alexandroupolis oil pipeline in 2012, said Plamen Grozdanov, Bulgarian Ambassador to Moscow.

Business » Energy | February 1, 2012, Wednesday // 14:59 | Viewed: 2042

Gazprom Tables USD 31 B Profits Q1-Q3 2011

Russian natural gas giant Gazprom announced it has pocketed a net profit of RUB 940.8 B for the first 9 months of last year.

Business » Energy | February 1, 2012, Wednesday // 12:20 | Viewed: 1162

Bulgaria with Record High Electricity Use over Polar Cold

Bulgaria has registered a new record of electricity consumption over the freezing cold that has gripped the country, the Electric Energy System Operator, EESO, reported Wednesday.

Business » Energy | February 1, 2012, Wednesday // 10:21 | Viewed: 1450

Bulgaria Has Resumed Export of Electric Power

Bulgaria has resumed exporting electric power at 1 am Saturday, January 28, on the order Economy and Energy Minister, Traicho Traikov.

Business » Energy | January 28, 2012, Saturday // 12:26 | Viewed: 1810

Bulgarian Govt to Sell Up to 25% of State Energy Holding

Bulgaria's Cabinet is considering privatizing a minority share of the state-owned Bulgarian Energy Holding, a deputy economy minister has confirmed.

Business » Energy | January 27, 2012, Friday // 19:34 | Viewed: 2121

Russia's Lukoil Pours USD 1.5 B in Hydrocracking Facility in Bulgaria

The Lukoil Neftochim Refinery in Bulgaria's Burgas, a subsidiary of the Russian energy giant, has kicked off a USD 1.5 B investment in a large hydrocracking catalyst installation that will process petroleum waste.

Business » Energy | January 25, 2012, Wednesday // 18:08 | Viewed: 4682

Bulgarians Eager to Export Anti-Shale Gas Ideas to Romania

The entity that triggered the recent mass protests against shale gas exploration and extraction in Bulgaria is eager to spread anti-shale gas awareness to the neighbor country of Romania, it has been made clear.

Business » Energy | January 24, 2012, Tuesday // 16:36 | Viewed: 2129

Bulgarian Watchdog Assuages Fears of Electricity Price Hike

In the aftermath of wide-spread rumors that prices of electric power will go up anywhere between 10% and 20%, Bulgaria's energy and waters watchdog announced that the increase will be more moderate.

Business » Energy | January 24, 2012, Tuesday // 13:05 | Viewed: 1779

Court-Approved Agreement Ends Lukoil vs Bulgarian Customs Lawsuit

The Lukoil Neftochim vs Customs Agency lawsuit was terminated Tuesday as the Administrative Court Sofia City approved an agreement reached between the parties.

Business » Energy | January 24, 2012, Tuesday // 12:22 | Viewed: 2162

Bulgarian State Mines Committed Harakiri with Payment Promises - Expert

Prof. Atanas Tasev, energy expert, has criticized the governing body of Bulgaria's biggest coal-mining company, the Maritsa Iztok Mines, for making a highly injudicious wage commitment.

Business » Energy | January 23, 2012, Monday // 14:28 | Viewed: 1713

Gazprom Allowed to Acquire 7 More Gas Stations in Bulgaria

The Commission on Protection of Competition (CPC) has cleared the acquisition of seven filling stations by NIS Petrol EOOD, a company owned by Russian energy giant Gazprom.

Business » Energy | January 23, 2012, Monday // 13:06 | Viewed: 1907

Bulgarian EconMin: Huge Money at Stake over Shale Gas

Bulgaria's Economy and Energy Minister, Traicho Traikov, believes that powerful financial interests were behind the mass protests in the country against the exploration of shale gas.

Business » Energy | January 23, 2012, Monday // 09:48 | Viewed: 2484

8 Day Strike at Bulgarian State Mines Ends

Talks between employers and trade unions at Bulgaria's Maritsa Iztok coal mines ended successfully, with the parties agreeing, putting an end to a major strike that started last Sunday.

Business » Energy | January 22, 2012, Sunday // 10:35 | Viewed: 1557

New Round of Talks over Bulgarian State Mines Strike

Talks between the management of Bulgaria's biggest State-owned coal-mining company, the Maritsa Iztok Mines, and the syndicates resume Saturday, while the strike is in its seventh day.

Business » Energy | January 21, 2012, Saturday // 12:05 | Viewed: 1728

Ukraine: Trilateral Deal with EU, Russia Only Way to Avoid Gas War

Creating a consortium with Russia and the European Union is the only way to solve the "gas dispute" between Moscow and Kiev, according to Ukrainian Prime Minister Mykola Azarov.

Business » Energy | January 20, 2012, Friday // 19:29 | Viewed: 2108

Bulgarian Socialists Say Govt Protects Interests of Big Business

Socialist MP Anton Kutev has accused the government of upholding the interests of big business.

Business » Energy | January 20, 2012, Friday // 16:59 | Viewed: 1572