Business » Energy

Bulgaria Quits Belene Nuclear Power Plant Project

Bulgaria's Belene Nuclear Power Plant will not be constructed, the country's Deputy Finance Minister Vladislav Goranov announced on on Wednesday.

Business » Energy | March 28, 2012, Wednesday // 13:39 | Viewed: 9783

Bulgaria to Fork Out BGN 2 M after Quitting BA Pipe

Bulgaria will issue another 18 000 shares to cover expenses of Burgas-Alexandroupolis oil pipeline, the government decided on Wednesday without providing details.

Business » Energy | March 28, 2012, Wednesday // 13:23 | Viewed: 569

Bulgaria to Scrap Belene NPP - Report

Bulgaria will officially cancel the Belene Nuclear Power Plant project on Wednesday, according to a report.

Business » Energy | March 28, 2012, Wednesday // 13:15 | Viewed: 669

Melrose Swings to Profit Thanks to High Gas Prices in Bulgaria

Edinburgh-based oil and gas explorer Melrose Resources reported a rise in profits and said it expects strong results in 2012 on the back of high gas prices in Bulgaria.

Business » Energy | March 28, 2012, Wednesday // 12:46 | Viewed: 1022

Bulgaria's Electric Co with New CEO

The financial director of Bulgaria's National Electric Company, NEK, Ivo Lefterov, is temporarily taking over the company.

Business » Energy | March 28, 2012, Wednesday // 12:44 | Viewed: 826

Bulgarian GERB Scraps PM's Hearing on Belene NPP Fate

Bulgarian Prime Minister, Boyko Borisov, had declined appearing in the Parliament for a hearing on the fate of the Belene Nuclear Power Plant.

Business » Energy | March 28, 2012, Wednesday // 11:22 | Viewed: 469

Socialists: Bulgarian PM Hid Truth about Belene NPP

Key opposition Bulgarian Socialist Party politicians have criticized what they saw as secrecy on the part of Bulgarian PM Boyko Borisov regarding his recent talks with Russian counterpart Vladimir Putin on the fate of the joint projected Belene NPP.

Business » Energy | March 27, 2012, Tuesday // 20:40 | Viewed: 664

Shale Gas Production in Poland Faces Failure

The production of shale gas in Poland, which is at the forefront of the novel technology in Europe, might face significant hurdles and prove economically ineffective.

Business » Energy | March 27, 2012, Tuesday // 18:58 | Viewed: 1260

Bulgarian Energy Holding Head: 15% Increase in Electricity Prices is Justified

Mihail Andonov, the newly appointed CEO of the Bulgarian Energy Holding (BEH) and former head of the National Electric Company (NEK), has insisted that the national power utility had solid reasons to change its Q2, 2012 price increase request from 4.

Business » Energy | March 27, 2012, Tuesday // 15:18 | Viewed: 917

Russia Determined to Build Trans-Balkan Pipe, Cut Costs

Russia has reiterated its determination to construct the Burgas-Alexandroupolis oil pipeline and reduce the price tag of the project, following Bulgaria's withdrawal.

Business » Energy | March 27, 2012, Tuesday // 09:49 | Viewed: 1973

Bulgaria's National Power Utility to Seek 15% Price Increase

The National Electricity Company (NEK) is expected to seek a price increase of at least 15% from July 01, according to Mihail Andonov, the new Director of the Bulgarian Energy Holding (BEH).

Business » Energy | March 26, 2012, Monday // 18:25 | Viewed: 833

Bulgaria's Kostov: Agony over Belene N-Plant Continues

Bulgaria's agony over plans for a second nuclear power plant continues unabated, a rightist leader said on Monday as the final decision on the project was delayed yet again.

Business » Energy | March 26, 2012, Monday // 16:31 | Viewed: 760

Bulgarian Watchdog Clears Acquisition of 3 Wind Parks by LUKErg Renew

Bulgaria's anti-trust watchdog has cleared a renewable energy acquisition involving Russian Lukoil.

Business » Energy | March 26, 2012, Monday // 16:23 | Viewed: 1035

Bulgarian-Russian Nuclear Project Grows More Mysterious, Set for New Delay

The fate of the Belene Nuclear Power Plant project, which is supposed to become Bulgaria’s second NPP, has remained even more unclear after Monday’s phone conversation between the prime ministers of Bulgaria and Russia.

Business » Energy | March 26, 2012, Monday // 15:49 | Viewed: 1952

Bulgaria's Top Court to Rule on US Co Shale Gas Permit in May

Bulgaria's top court will deliver its decision on the appeal against the award of Vranino 1-11 block to US company Park Place in May, it emerged on Monday.

Business » Energy | March 26, 2012, Monday // 15:03 | Viewed: 921

Bulgarian PM 'Informs' Putin on Same-Old Belene NPP Stance

Bulgaria's Prime Minister, Boyko Borisov, has already notified his Russian counterpart and President-elect, Vladimir Putin, about the cabinet's decision on the project to build a second Nuclear Power Plant in the Danube town of Belene.

Business » Energy | March 26, 2012, Monday // 14:25 | Viewed: 816

PM Borisov: Putin Will Learn Bulgaria's Position on Belene NPP Monday

Bulgarian PM Boyko Borisov will have a phone call Monday with Russian counterpart Vladimir Putin to finalize the fate of long-delayed joint energy project Belene NPP.

Business » Energy | March 25, 2012, Sunday // 19:05 | Viewed: 1156

New Minister Replaces Bulgarian Energy Holding Head

Bulgarian Energy Holding head Yordan Georgiev has been dismissed and replaced by Mihail Andonov, announced the Bulgarian Ministry of Energy and Economy Sunday.

Business » Energy | March 25, 2012, Sunday // 13:32 | Viewed: 1230

Bulgarian Watchdog Caps Gas Price Increase at 13%

Bulgaria's natural gas price is to go up by 12.73% as of April 1, 2012, the State Commission for Energy and Water Regulation (DKEVR) has decided at a closed doors meeting late Friday evening.

Business » Energy | March 24, 2012, Saturday // 13:42 | Viewed: 721

9% of Bulgarian Firms Use Renewable Energy, Report Says

Only 9% of the "non-financial" companies in Bulgaria use energy from renewable sources, a survey of the Economic Research Institute of the Bulgarian Academy of Sciences has found.

Business » Energy | March 23, 2012, Friday // 19:38 | Viewed: 1191

Rosatom Offers Bulgaria Yet Another Extension of Belene NPP Contract

Russia's state-owned nuclear corporation Rosatom has made it clear it is ready to agree on yet another extension of the contract with the Bulgarian government for the construction of the Belene nuclear power plant.

Business » Energy | March 23, 2012, Friday // 16:19 | Viewed: 1214
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