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Business » Energy

FinMin Invites Disgruntled Bulgarian Carriers to 'Fuel' Talk

The country-wide protests of Bulgarian cargo carriers and shippers, planned for Tuesday, has been canceled, but might resume depending on the outcome of forthcoming negotiations with the cabinet.

Business » Energy | March 15, 2011, Tuesday // 12:01 | Viewed: 1517

US Contour Global Buys Enel Stake in Bulgaria Plant

US investment fund Contour Global will acquire the majority stake of Italian energy giant Enel in Maritsa East 3, a Bulgarian coal-fired plant, it emerged on Tuesday.

Business » Energy | March 15, 2011, Tuesday // 11:19 | Viewed: 3401

Toshiba May Invest EUR 350 M in New Thermal Power Plant in Bulgaria

Japanese corporation Toshiba has declared interest in building two new thermal power facilities in Bulgaria's Maritsa East TPP complex, Economy Minister Traicho Traikov has announced.

Business » Energy | March 14, 2011, Monday // 21:24 | Viewed: 2206

Bulgarian Govt: Russia Plays Dumb over Belene NPP Price Talks

The price talks for the construction of Bulgaria's second nuclear power plant at Belene are going on as scheduled, and the Russian side should be well-aware of them, Bulgaria's defiant Economy Ministry said slamming back Rosatom.

Business » Energy | March 14, 2011, Monday // 20:58 | Viewed: 1630

3 Bulgarian Ministries Mull Taming Fuel Prices

A work group of experts from three Bulgarian ministries – of finance, of transport, and of energy, has been formed to analyze the situation with the fuel market in the country.

Business » Energy | March 14, 2011, Monday // 16:35 | Viewed: 1644

Bulgarian Cargo Shippers Protest Against Fuel Prices

The union of Bulgarian cargo shippers has decided to take up effective protest measures Monday against what they see as unfair prices of fuels.

Business » Energy | March 14, 2011, Monday // 07:47 | Viewed: 1167

Rosatom Denies Holding Price Talks with Bulgaria over Belene NPP

Russian state nuclear corporation Rosatom has refuted a Bulgarian minister's statements that it is currently negotiating with Bulgaria over the price for the construction of the second Bulgarian nuclear power plant in Belene.

Business » Energy | March 13, 2011, Sunday // 19:58 | Viewed: 1945

Rosatom Mad at Bulgarian Minister for 'Downgrading' Their Reactors

Russian state nuclear corporation Rosatom has slammed Bulgarian Minister of Economy, Energy and Tourism Traicho Traikov over a statement he made about the troubled project for Bulgaria's second NPP in Belene.

Business » Energy | March 13, 2011, Sunday // 18:09 | Viewed: 1597

Bulgarian Nuclear Experts Assuage Fears of Japan Scenario

The events at Japanese Nuclear Power Plants, NPP, are highly unlikely to be repeated at the Bulgarian "Kozloduy" NPP, according to Bulgarian nuclear experts.

Business » Energy | March 13, 2011, Sunday // 11:40 | Viewed: 2078

Bulgaria's Bulgargaz Demands 6.6% Gas Price Hike for Q2

Bulgaria's state-owned company Bulgargaz has announced its request for a 6.6% increase of natural gas prices for the second quarter of 2011.

Business » Energy | March 11, 2011, Friday // 14:23 | Viewed: 1674

Bulgaria Can't Afford to Dismantle Shut Nuclear Reactors

Bulgaria cannot afford at present to fund the dismantling of reactors 1-4 of the Kozloduy NPP, according to the management of State Company "Radioactive Waste".

Business » Energy | March 10, 2011, Thursday // 20:07 | Viewed: 1975

Bulgaria May Build LNG Terminal as Russia Wants to Skip South Stream's Underwater Section

The Russian leadership is considering the construction of terminal for liquefied natural gas (LNG) as part of the South Stream gas transit pipeline instead of laying 900 km of pipes through the Black Sea.

Business » Energy | March 9, 2011, Wednesday // 18:32 | Viewed: 3421

Bulgaria Set to Cut Carbon Emissions by 6% by 2020, Stimulate Biofuels

Bulgaria's government has approved a draft amendment to the Environmental Protection Act providing for reducing the country's greenhouse gas emissions by 6% by 2020.

Business » Energy | March 9, 2011, Wednesday // 17:41 | Viewed: 2326

Bulgarian Company Winslow Group to Build Wind Energy Plant

The Bulgarian investment company with UK capital, Winslow Group, is planning to build a wind power plant in Northeastern Bulgaria.

Business » Energy | March 9, 2011, Wednesday // 16:07 | Viewed: 2389

Japan Ambassador Thumbs Up for Bulgaria Sun Potential

Japan's Ambassador to Bulgaria will pay a visit to the town of Yambol on Wednesday to discuss the planned investment of a Japanese company in the construction of a solar power plant there.

Business » Energy | March 9, 2011, Wednesday // 08:59 | Viewed: 2408

Bulgaria Starts Plan to Extend Life of Kozloduy Nuclear Reactors

Bulgaria's government has initiated a formal plan to extend the life of the only two operational nuclear reactors in the country located in the Kozloduy NPP.

Business » Energy | March 8, 2011, Tuesday // 18:17 | Viewed: 2186

Lukoil Eyes Wind, Solar Energy Plants in Bulgaria, Romania

Russian oil company Lukoil wants to build wind and solar energy plants in Bulgaria and Romania, according to company representative Vasily Zoubakine.

Business » Energy | March 8, 2011, Tuesday // 14:49 | Viewed: 2298

Bulgarian Govt Mulls 'Reshuffle' of Nuclear Power Plants in Belene, Kozloduy

Bulgaria could use the equipment for its intended second nuclear power plant in Belene in order to build a new reactor in its only operation NPP in Kozloduy.

Business » Energy | March 7, 2011, Monday // 19:54 | Viewed: 1901

Overgas to Persist in Expanding Bulgaria's Gas Network

The Overgas company has announced plans to continue in 2011 its investment in Bulgaria's infrastructure for delivery of natural gas to homes.

Business » Energy | March 6, 2011, Sunday // 18:27 | Viewed: 6110

Putin Reappoints Miller as Gazprom CEO for 5 More Years

Russian Prime Minister Vladimir Putin has reappointed Alexei Miller as CEO of Gazprom, the single most important foreign energy supplier for the Bulgarian economy.

Business » Energy | March 5, 2011, Saturday // 19:38 | Viewed: 2201

Westinghouse Shows Renewed Interest in Bulgaria's Nuclear Plant

US company Westinghouse has showed renewed interested in investments in Bulgaria's only operational nuclear power plant Kozloduy, according to Minister of Economy, Energy, and Tourism Traicho Traikov.

Business » Energy | March 5, 2011, Saturday // 04:00 | Viewed: 3040