Business » Energy

HSBC Gets EUR 2 M Consulting Contract for Bulgaria's Belene NPP

The Bulgarian government has signed a consulting contract with UK-based company HSBC for the financial analysis for the project for the construction of the Belene nuclear power plant.

Business » Energy | April 12, 2011, Tuesday // 09:08 | Viewed: 2665

Russian Media: Fate of Bulgarian Nuke Plans Decided in London

The fate of Bulgaria's project to build a second Nuclear Power Plant in the Danube town of Belene is going to be decided in London, the Russian daily Kommersant writes Monday.

Business » Energy | April 11, 2011, Monday // 08:14 | Viewed: 1599

Russia-Backed Nuclear Project in Bulgaria 'Pig in a Poke'

The plans for a new Russia-backed nuclear plant in northern Bulgaria aim to help Moscow lay its hands on the energy market, impose a monopoly on the prices and keep them high, a right-winger leader has said.

Business » Energy | April 10, 2011, Sunday // 21:01 | Viewed: 2161

Bulgaria Ministers Make Up, Tie Up N-Plant with Output Price

Bulgaria's government will make up its mind about the future of its second nuclear power plant project in Belene, depending on how profitable the export price of its output will be, the government said on Sunday.

Business » Energy | April 10, 2011, Sunday // 18:17 | Viewed: 1899

Bulgaria Contracts HSBC on Belene Nuclear Project Monday

The Bulgarian Energy Holding will sign on Monday a contract with HSBC, one of UK's biggest banks, for consultancy services, to help it decide how to proceed and attract new investors for the planned Belene nuclear power plant.

Business » Energy | April 10, 2011, Sunday // 17:06 | Viewed: 2099

Borisov: Northwest Bulgaria Eager for Belene Nuclear Plant

Northwestern Bulgaria, the poorest EU region, is eager for the construction of the vastly troubled Belene nuclear power plant, according to Bulgarian Prime Minister Boyko Borisov.

Business » Energy | April 8, 2011, Friday // 20:35 | Viewed: 2014

Bulgarian EconMin Shows No Regrets over Belene NPP Scandal

Bulgaria's Minister of Economy and Energy Traicho Traikov has said he "stays behind his words and actions" after "firing" the National Electric Company head for signing an annex to the agreement with the Russian side on the country's Belene NPP.

Business » Energy | April 8, 2011, Friday // 14:50 | Viewed: 1646

Bulgaria PM Fuels Suspicions of Strong Ties with Oil Oligarch

Bulgaria's prime minister has run, yet one more time, to the defense of the head of Lukoil Bulgaria, owner of the only oil refinery in the country, Valentin Zlatev, widely considered to be the back seat ruler.

Business » Energy | April 8, 2011, Friday // 14:36 | Viewed: 2281

Gloating Russian Media: Bulgaria PM on Our Side of The Fence

The scandal, which shattered the Bulgarian government, following the signing of an agreement with Rosatom Corp on Belene nuclear power plant, is close to a beneficial for Russia resolution, according to local media.

Business » Energy | April 7, 2011, Thursday // 15:10 | Viewed: 1396

Price of Bulgaria's Nuclear Plant Not Subject to Moscow Talks

The issue with the price of the project to build a second Nuclear Power Plant in the town of Belene in Bulgaria has not been discussed in Moscow Wednesday evening at the meeting of the Bulgarian-Russian Inter-Governmental Commission for Trade, Economic, S

Business » Energy | April 7, 2011, Thursday // 12:06 | Viewed: 1518

Bulgaria Power Utility Chief: Contract with Russia Not Binding

Krasimir Parvanov, head of Bulgaria's National Electricity Co. who was fired and reinstated after signing an agreement with Rosatom Corp, claims the document is not legally binding.

Business » Energy | April 7, 2011, Thursday // 10:46 | Viewed: 1398

Russia Pushes Bulgaria for Progress on Burgas-Alexandroupolis Pipeline

Russian Energy Minister Sergey Shmatko has renewed calls for Bulgaria to take measures in order to push ahead the project for the construction of the Burgas-Alexandroupolis oil pipeline.

Business » Energy | April 7, 2011, Thursday // 08:31 | Viewed: 1756

Traikov, Russians Play It Cool in Moscow despite Bulgaria's Belene NPP Scandal

Bulgaria's Economy Minister Traicho Traikov and Russian Energy Minister Sergey Shmatko have not demonstrated any agitation over the scandal that shook the Bulgarian government regarding the Bulgarian-Russian talks for the Belene NPP.

Business » Energy | April 7, 2011, Thursday // 00:58 | Viewed: 1406

Borisov, Djankov Reverse Belene NPP Scandal, EconMin on the Defensive

The scandal that shook Tuesday night the Bulgarian government over the latest agreements signed with Russia for the Belene nuclear power plant has seen a dramatic twist on Wednesday.

Business » Energy | April 6, 2011, Wednesday // 21:42 | Viewed: 1407

Bulgarian FinMin Seeks to Quell Govt Conflict over Belene NPP Scandal

Bulgarian Finance Minister Simeon Djankov believes there is no conflict in the Bulgarian government even though the Cabinet has been shaken by a scandal over the talks with Russia for the Belene NPP.

Business » Energy | April 6, 2011, Wednesday // 21:06 | Viewed: 1259

EC to Stage All-Out Probe of Bulgaria's Belene Nuclear Project by 2011 End

The European Commission is going for an all-out review of the legal and safety framework of Bulgaria's already big time troubled Belene nuclear power plant project, including over the seismic risk.

Business » Energy | April 6, 2011, Wednesday // 20:06 | Viewed: 1703

Bulgaria's EconMin Dealt 2 Blows over Belene NPP Scandal

Bulgaria's Minister of Economy, Energy and Tourism, Traicho Traikov, has received a final warning from the country's PM, Boyko Borisov over pledging he will fire the head of the National Electrical Company (NEK).

Business » Energy | April 6, 2011, Wednesday // 17:44 | Viewed: 1579

Turkey to Build Its 3rd Nuclear Power Plant on Bulgarian Border

Turkey plans to construct a nuclear power plant right on the Bulgarian border in the region of Eastern Thrace, virtually on the Black Sea coast.

Business » Energy | April 6, 2011, Wednesday // 16:36 | Viewed: 9680

Ousted Bulgarian NEK Director Denies Wrongdoing

Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov, had been appraised of all details and had approved the final version of annex 12, signed Tuesday by the Bulgarian National Electric Company, NEK, and the Russian "Atomstroyexport.

Business » Energy | April 6, 2011, Wednesday // 14:52 | Viewed: 1396

Bulgarian Parliament Holds Energy Minister Hearing over Belene

Bulgaria's Minister of Economy and Energy, Traicho Traikov, is going to appear in plenary hall Wednesday to inform the Members of the Parliament about contracts signed with Russia for the project to build a second Nuclear Power Plant, NPP, in the Dan

Business » Energy | April 6, 2011, Wednesday // 11:56 | Viewed: 1423

Bulgarian Opposition Demands Urgent Explanation on Belene Blunder

Bulgaria's right-wing Blue Coalition demanded Wednesday to urgently summon to the Parliament Economy and Energy Minister, Traicho Traikov, and Prime Minister, Boyko Borisov, to explain the latest energy blunder.

Business » Energy | April 6, 2011, Wednesday // 10:41 | Viewed: 1614