Business » Energy

Sofia Starts to Shut Down Central Heating

Sofia's heating company announced it has decided to start shutting down the central heating in the capital as of April 23, Monday.

Business » Energy | April 20, 2012, Friday // 13:46 | Viewed: 823

Govt Inches towards Sale of CEZ Bulgaria Minority Stake

Bulgaria's Privatization Agency will table to the Financial Supervision Commission (FSC) the paperwork for the sale of the government's 33% minority stake in the CEZ Bulgaria power utility within 1-2 weeks.

Business » Energy | April 19, 2012, Thursday // 17:34 | Viewed: 939

South Stream Construction to Be Launched in December - Putin

The construction of the South Stream gas pipeline will begin in December 2012, Russian Prime Minister Vladimir Putin has announced.

Business » Energy | April 19, 2012, Thursday // 16:25 | Viewed: 1707

Bulgaria PM Highlights Energy Diversification in Talks with Moldovan Counterpart

Speaking after a Thursday meeting with Moldovan Prime Minister Vladimir Filat, Boyko Borisov yet again emphasized the importance of gas grid interconnection projects for energy security.

Business » Energy | April 19, 2012, Thursday // 13:16 | Viewed: 795

Bulgarian Left-Winger Doesn't Give Up on Belene N-Plant Hopes

The abandoned Belene Nuclear Power Plant project is not irreversibly dead and a referendum on its fate should be called, according to Sergey Stanishev, leader of the left-wing oppositional Bulgarian Socialist Party.

Business » Energy | April 17, 2012, Tuesday // 17:25 | Viewed: 817

Pro-Nuclear Organizations Seek Public Discussion of Belene NPP Cancellation

Four pro-nuclear organizations have come up with a declaration against the suspension of the Belene NPP project and the transfer of the assembled Russian reactor to the Kozloduy NPP.

Business » Energy | April 17, 2012, Tuesday // 16:56 | Viewed: 805

Italian Firm to Invest EUR 6.5 M in Solar Park in Southern Bulgaria

Italy's Urmet Group will invest EUR 6.5 M in the first major solar park near the southern Bulgarian village of Shishmantsi, Plovdiv municipality.

Business » Energy | April 17, 2012, Tuesday // 15:05 | Viewed: 1505

Russia Awaits Payments for Bulgaria's Abandoned N-Plant

Russia has fulfilled all its engagements concerning the Belene Nuclear Power Plant project that Bulgaria scrapped in March, according to Kirill Komarov, deputy head of Russian state-owned Rosatom's international business.

Business » Energy | April 17, 2012, Tuesday // 15:02 | Viewed: 858

Electricity Prices in Bulgaria to Add 10% from July

Electricity prices will increase by around 10% from July 1, 2012, when the next regulatory period starts, according to Angel Semerdzhiev, Chair of the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | April 17, 2012, Tuesday // 14:06 | Viewed: 1198

No Written Objections from Alleged Fuel Cartel Participants in Bulgaria

The four Bulgarian fuel retailers accused of entering into a cartel agreement have not filed written objections with the Commission on Protection of Competition (KZK) within the statutory 30-day period.

Business » Energy | April 17, 2012, Tuesday // 12:50 | Viewed: 1021

Bulgaria to Expand Only Gas Storage Facility for EUR 200 M

Bulgaria's only natural gas storage facility in Chiren will be expanded to reach its maximum capacity, announced Kiril Temelkov, head of the state-owned company Bulgartransgaz.

Business » Energy | April 12, 2012, Thursday // 17:42 | Viewed: 1636

Bulgarian Deputy Minister Stresses Importance of Gas Grid Interconnections

Valentin Nikolov, Deputy Minister of Economy, Energy and Tourism, has highlighted the importance of building reverse-flow gas grid interconnections between Bulgaria and neighbor countries for the energy security of the region.

Business » Energy | April 12, 2012, Thursday // 16:36 | Viewed: 1536

Nabucco Project Company Submits EIA Report on Turkish Section

Nabucco Gas Pipeline International GmbH has submitted the Environmental Impact Assessment (EIA) report for the 733-km stretch Sivas-Silopi to Turkey's Ministry of Environment and Urbanization, according to a media statement of the project company.

Business » Energy | April 12, 2012, Thursday // 14:28 | Viewed: 1278

Bulgaria Formally Announces Plans to Build New NPP Unit

The Bulgarian government gave green light in a sitting Wednesday the decision to build a new, 7th unit at the Kozloduy NPP.

Business » Energy | April 11, 2012, Wednesday // 14:26 | Viewed: 1036

Bulgaria Starts Exploring Conventional Gas Deposits

Bulgaria is launching a public procurement tender for the study and exploration of possible gas deposits in the Black Sea continental shelf.

Business » Energy | April 11, 2012, Wednesday // 08:56 | Viewed: 2085

Bulgarian Govt to Vote Wednesday on 7th Unit of Kozloduy NPP

Bulgaria's Council of Ministers will vote Wednesday on the decision for the construction of a seventh unit at the Kozloduy NPP.

Business » Energy | April 10, 2012, Tuesday // 20:51 | Viewed: 992

Bulgaria Invites Toshiba to Invest in Belene Site

Bulgaria's parliamentary speaker Tsetska Tsacheva has invited Japanese company Toshiba to invest in building a new energy facility on the site of the scrapped Belene nuclear power plant.

Business » Energy | April 10, 2012, Tuesday // 16:52 | Viewed: 1343

Bulgaria to Seal Gas Contract with Russia by End of Summer

Delyan Dobrev, Minister of Economy, Energy and Tourism, has suggested that the new gas contract between Bulgaria and Russia should be signed by the end of the summer.

Business » Energy | April 10, 2012, Tuesday // 16:42 | Viewed: 1291

Bulgarian Fuel Experts Rule Out Rocket High Gasoline Prices

Valentin Kanev, Chair of the Balkan and Black Sea Petroleum and Gas Association, has termed forecasts about growing gasoline prices as exaggerated.

Business » Energy | April 10, 2012, Tuesday // 15:24 | Viewed: 1092

Bulgaria to Complete Northeastern Gas Pipeline in 2013

Bulgaria is to start building a natural gas supply pipeline to the northeastern city of Silistra in the fall of 2012, Kiril Temelkov, CEO of state company Bulgartransgaz, announced Monday.

Business » Energy | April 9, 2012, Monday // 20:40 | Viewed: 1558

Bulgarian PM Hints of Large Conventional Gas Deposits

Exploration, research and surveys in Bulgaria have shown that the country has sufficient reserves and deposits of what it needs to solve the issue with skyrocketing gasoline prices, and it is not shale gas.

Business » Energy | April 9, 2012, Monday // 10:36 | Viewed: 1309
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