Business » Energy

Overgas Sees 12% Y/Y Increase in Gas Sales in Eastern Bulgaria

Overgas Iztok AD, the gas distribution subsidiary of Bulgaria's biggest private natural gas supplier, has registered a 12% year-on-year increase in sales for the period January 01-October 31.

Business » Energy | November 30, 2011, Wednesday // 17:04 | Viewed: 1374

Construction of Bulgaria-Turkey Gas Grid Interconnection to Start Within 1 Year

The construction of the Bulgaria-Turkey gas grid interconnection may start within a year, according to Traicho Traikov, Bulgarian Minister of Economy, Energy and Tourism.

Business » Energy | November 29, 2011, Tuesday // 15:16 | Viewed: 1679

Shell Bulgaria Seeks to Take Control of 2 Litex Filling Stations

Shell Bulgaria has sought competition clearance for taking control of two sites of the Litex filling station chain.

Business » Energy | November 28, 2011, Monday // 15:32 | Viewed: 2006

Bulgaria's Gas Stations to Report Real-Time to Revenue Agency

By end-March 2012, all filling stations in Bulgaria must install automated electronic systems reporting volumes of fuel sold to the revenue administration.

Business » Energy | November 24, 2011, Thursday // 16:15 | Viewed: 1256

Bulgarian Socialists Table Draft Bill Banning Shale Gas Drilling

The Bulgarian Socialist Party (BSP) has has tabled in Parliament a draft bill envisaging a ban on shale gas exploration and production in the country.

Business » Energy | November 24, 2011, Thursday // 14:54 | Viewed: 1437

Brussels: EU to Pay Bulgaria Extra EUR 185 M for Nuclear Dismantling

The European Commission proposed on Thursday to secure an additional EUR 185 M from 2013 to help Bulgaria dismantle four Soviet-era reactors at its sole nuclear power plant in Kozloduy.

Business » Energy | November 24, 2011, Thursday // 14:24 | Viewed: 1399

EC to Set Aside EUR 550 M for Nuclear Decommissioning Aid

The European Commission (EC) plans to set aside additional nuclear decommissioning aid of EUR 550 M after 2013 to help Bulgaria, Lithuania and Slovakia, reports say.

Business » Energy | November 23, 2011, Wednesday // 14:21 | Viewed: 1057

Bulgarian MPs Reject Nationalist Demand for Shale Gas Ban

The Bulgarian Parliament rejected Wednesday the request of the far-right, nationalist Ataka party to include in the weekly agenda their proposal for a moratorium on shale gas exploration in the country.

Business » Energy | November 23, 2011, Wednesday // 12:28 | Viewed: 1080

Russian State Co Eyes Bulgarian E.ON Power Utility - Report

Russian state-owned Holding MRSK OAO is among the candidates for the Bulgarian and German stake at the German-owned Power Utility, E.

Business » Energy | November 23, 2011, Wednesday // 11:20 | Viewed: 1314

Russia's Gazprom: Bulgaria Is in South Stream Pipeline

Russia's Gazprom CEO Alexei Miller, firmly rejected Tuesday speculations of Western-Balkan media that the South Stream gas transit pipeline will go around Bulgaria.

Business » Energy | November 22, 2011, Tuesday // 14:22 | Viewed: 2317

Bulgaria to Get More EU Nuclear Decommissioning Aid

The European Commission is expected to propose next week that an extra EUR 500 M in EU financial support is provided for decommissioning the Soviet-era nuclear reactors in Bulgaria, Slovakia and Lithuania.

Business » Energy | November 20, 2011, Sunday // 17:26 | Viewed: 1732

Bulgaria Seals Gas Delivery Deal with Turkey

Bulgaria and Turkey will sign a political agreement to build a gas pipeline connection between the two countries for emergency gas deliveries from Turkey to Bulgaria.

Business » Energy | November 19, 2011, Saturday // 14:25 | Viewed: 1641

No Shale Gas Contract with Chevron Yet, Bulgarian PM Assures

Bulgarian Prime Minister Boyko Borisov rejected on Friday that the government had signed a shale gas exploration and production contract with U.S. energy major Chevron Corp, specifying, however, that talks on the matter were underway.

Business » Energy | November 18, 2011, Friday // 14:06 | Viewed: 1673

Russian Gazprom Eager to Set Foot on Bulgaria's Fuel Retail Market

Russian giant Gazprom, the sole supplier of natural gas to Bulgaria, is preparing to set foot on the local fuel retail market.

Business » Energy | November 17, 2011, Thursday // 12:56 | Viewed: 1926

US AES Starts to Build Solar Power Plant near Bulgaria's Silistra

The US company AES Solar has started to build a 20.6 MW photovoltaic near the Danube city of Silistra in Bulgaria.

Business » Energy | November 16, 2011, Wednesday // 17:21 | Viewed: 2363

Bulgarian Minister Reshuffles Energy Holding

The Minister of Energy, Economy and Tourism, Traicho Traikov, made changes in the Board of Directors of the Bulgarian Energy Holding (BEH).

Business » Energy | November 16, 2011, Wednesday // 08:49 | Viewed: 1087

Bulgarian Energy Watchdog Vows to Not Up Heating Price

Price of natural gas in Bulgaria would not go up by more than 5% beginning January 1, 2011, according to Angel Semerdzhiev, Head of the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | November 15, 2011, Tuesday // 17:34 | Viewed: 904

Bulgaria Last in EU in Green Energy Use - Report

Bulgaria still lags behind all other EU Member States in the use of green energy, according to a study of the Friedrich Ebert Foundation.

Business » Energy | November 15, 2011, Tuesday // 16:58 | Viewed: 1613

Aliyev: Bulgaria Among First to Get Gas from Azerbaijan

Bulgaria might be one of the first countries to receive Azerbaijani natural gas supplies, according to Azerbaijan's President Ilham Aliyev, who received Monday his Bulgarian counterpart Georgi Parvanov.

Business » Energy | November 15, 2011, Tuesday // 09:55 | Viewed: 1294

Bulgaria to Show EU How to Make Gas Deals with Azerbaijan - President

The expected deliveries of natural gas from Azerbaijan to Bulgaria will be a "small breakthrough" for the European Union, Bulgarian President Georgi Parvanov declared in Baku.

Business » Energy | November 14, 2011, Monday // 18:12 | Viewed: 1414

Bulgaria's Gas Supplier Offers 17.61% Price Hike in Q1 2012

Natural gas in Bulgaria should cost BGN 699.05 per 1000 cubic meters, VAT excluded, in Q1 2012, or 17.61% over the Q4 2011, according to preliminary estimates of Bulgargaz.

Business » Energy | November 14, 2011, Monday // 18:01 | Viewed: 1358