Business » Energy

FinMin: Bulgaria Could Use Fuel Reserve to Tame Prices

Using the state's fuel reserve might be the best option for keeping down fuel prices in Bulgaria, according to Bulgarian Minister of Finance Simeon Djankov.

Business » Energy | April 7, 2012, Saturday // 19:27 | Viewed: 931

Hundreds Rally in Support of Scrapped Bulgarian Belene NPP

Around 500 people gathered Saturday in protest against the recent giving up of the Belene NPP project by the Bulgarian government.

Business » Energy | April 7, 2012, Saturday // 17:58 | Viewed: 872

Russia Plans to Revive 'Frozen' Trans-Balkan Pipe

Russian oil company Transneft has not given up the Burgas-Alexandroupolis oil pipeline and plans to return to the project in the future.

Business » Energy | April 7, 2012, Saturday // 11:08 | Viewed: 2610

Bulgarian Left-Wing Leader Vows to Revive Killed Belene N-Plant

Left-wing Bulgarian Socialist Party (BSP) will resume the Belene Nuclear Power Plant project if it enters the next government, the party's leader Sergey Stanishev has stated.

Business » Energy | April 6, 2012, Friday // 16:40 | Viewed: 989

Bulgaria Energy Minister Mulls Removal of Biofuel Component

Commenting on measures to tackle climbing fuel prices, Economy and Energy Minister Delyan Dobrev said in Parliament that the removal of the bio component from diesel would lead to a BGN 0.5 price cut

Business » Energy | April 6, 2012, Friday // 13:48 | Viewed: 1536

Lukoil Bulgaria CEO: We Are Ready to Switch to Zero-Profit Regime

Lukoil Bulgaria CEO Valentin Zlatev has vowed that the company is ready to work at a zero profit in the case of a dramatic spike in fuel prices.

Business » Energy | April 5, 2012, Thursday // 19:47 | Viewed: 1736

MEPs Divided on Shale Gas Research, Drafts Show

EU lawmakers are divided on the topic of shale gas research in the bloc, according to two draft reports – those of the committees on energy and the environment.

Business » Energy | April 5, 2012, Thursday // 16:55 | Viewed: 992

Bulgarian Customs Agency Head Suggests Capping Lukoil's Stake in Public Procurement

Customs Agency head Vanyo Tanov has recommended the adoption of clear and exact rules and the prevention of monopolistic practices in public procurement as the right steps to ensure lower prices of fuels.

Business » Energy | April 5, 2012, Thursday // 15:09 | Viewed: 720

Bulgarian Far-Right Joins Calls for Belene N-Plant Referendum

Volen Siderov, leader of the far-right Bulgarian Ataka (Attack) party, wants a referendum to be called on the fate of the Belene Nuclear Power Plant, a project recently abandoned by the cvountry's government.

Business » Energy | April 5, 2012, Thursday // 12:11 | Viewed: 681

Russian Media: US Made Bulgaria Drop N-Plant!

Bulgaria's recent decision to quit the Belene Nuclear Power Plant project was made under US pressure, according to an article published in the Russian Nezavisimaya Gazeta.

Business » Energy | April 5, 2012, Thursday // 11:38 | Viewed: 1292

President Labels Bulgaria 'Champion of Energy Wasting'

Bulgaria is the European champion in wasting energy, according to President, Rosen Plevneliev.

Business » Energy | April 5, 2012, Thursday // 11:06 | Viewed: 810

Bulgaria's Oil Oligarch Admits to Excessive Fuel Prices

The General Director of Lukoil Bulgaria Valentin Zlatev, known as one of the top Bulgarian oligarchs, has admitted that fuel prices in the country are way too high.

Business » Energy | April 4, 2012, Wednesday // 20:08 | Viewed: 1362

Bulgarian Govt Gears Up for Vote on Unit 7 of Kozloduy NPP

The government is to vote next week on the decision to build a seventh unit at the Kozloduy NPP, according to Valentin Nikolov, Deputy Minister of Economy, Energy and Tourism.

Business » Energy | April 4, 2012, Wednesday // 16:45 | Viewed: 849

Bulgaria's Belene Town Wants Its Nuclear Plant Back

The town of Belene on the Danube River has vehemently opposed the government's decision to abandon plans to build a nuclear power plant near it.

Business » Energy | April 4, 2012, Wednesday // 14:31 | Viewed: 711

Bulgarian Govt to Declare Nabucco Pipeline National Priority

The government will vote Wednesday on a proposal to declare the Bulgarian stretch of the Nabucco gas pipeline a national priority.

Business » Energy | April 4, 2012, Wednesday // 12:15 | Viewed: 27326

Chevron to Convince Romania Shale Gas is 'Clean'

US energy giant Chevron has issued a statement saying it will embark on a campaign to convince that exploration and production of shale gas is environmentally safe.

Business » Energy | April 3, 2012, Tuesday // 19:54 | Viewed: 1112

Energy Minister: No EU Court of Justice for Bulgaria Yet

Energy and Economy Minister Delyan Dobrev said in Parliament Tuesday that the European Commission was expected to refer Bulgaria's failure to implement energy liberalization legislation to the Court of Justice.

Business » Energy | April 3, 2012, Tuesday // 18:14 | Viewed: 842

Bulgaria's Socialists Wish to Topple Cabinet by Easter over Belene NPP

The opposition Bulgarian Socialist Party has moved to initiate a no confidence vote for the center-right government of PM Borisov and the GERB party over the giving up of the Belene NPP, a joint project with Russia.

Business » Energy | April 3, 2012, Tuesday // 16:39 | Viewed: 939

Bulgaria-Turkey Gas Pipeline Won't Carry Costlier Fuel - Ambassador

A pipeline carrying Azeri gas to Turkey is expected to reach Bulgaria's Kapitan Andreevo, according to Turkish Ambassador to Bulgaria Ismail Aramaz.

Business » Energy | April 3, 2012, Tuesday // 16:25 | Viewed: 1548

Ex Bulgarian EconMin Denies Stalling Energy Diversification

Rejecting accusations of Prime Minister Borisov about Bulgaria's stalled energy diversification, former Energy Minister Traicho Traikov said Tuesday that work on a gas supply diversification project involving import from Azerbaijan had started in 2009.

Business » Energy | April 3, 2012, Tuesday // 12:59 | Viewed: 837

Bulgarian Ex-President Bashes Belene Gas Plant Idea

Bulgaria's former President Georgi Parvanov has expressed his certainty that no gas power plant will be constructed instead of the abandoned Belene Nuclear Power Plant project.

Business » Energy | April 3, 2012, Tuesday // 08:13 | Viewed: 823
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