Business » Energy

Propane Tank Explosion, Fire near Sofia

A propane butane tank truck has exploded in a warehouse near the Chelopechene residential district in Sofia and another one is burning, according to a statement of the Interior Ministry.

Business » Energy | March 28, 2012, Wednesday // 18:17 | Viewed: 1518

Rosatom Head: Belene NPP Cancellation by Bulgaria Is Negligible Loss

Sergey Kirienko has said that a potential decision of the Bulgarian authorities to quit the construction of the Belene NPP will not lead to significant losses for Rosatom.

Business » Energy | March 28, 2012, Wednesday // 17:47 | Viewed: 959

Bulgaria Seeks Investors for Gas Turbine Power Plant

Bulgaria is looking for potential investors in its gas turbine power plant that is to be constructed in the Danube town of Belene, the country's Deputy Economy and Energy Minister Valentin Nikolov has revealed.

Business » Energy | March 28, 2012, Wednesday // 17:44 | Viewed: 989

Bulgarian President Praises Govt Decision to Quit Belene NPP

Bulgaria's President Rosen Plevneliev has backed the government's decision to scrap the Belene Nuclear Power Plant project.

Business » Energy | March 28, 2012, Wednesday // 16:09 | Viewed: 587

Bulgarian Ex Energy Minister: Common Sense Prevailed on Belene NPP

Traicho Traikov, former Minister of Economy, Energy and Tourism, has sided with the reactions of approval for the government's decision to quit Belene NPP project.

Business » Energy | March 28, 2012, Wednesday // 16:00 | Viewed: 736

Belene Nuclear Power Plant Canceled, Bulgarian PM Confirms

Bulgaria has quit the Belene Nuclear Power Plant project, the country's Prime Minister has confirmed.

Business » Energy | March 28, 2012, Wednesday // 15:30 | Viewed: 2077

Bulgaria Rightist to PM: Congratulations for Scrapping Belene!

Rightist leader Martin Dimitrov has praised the decision of the center-right GERB government to quit the Belene NPP project.

Business » Energy | March 28, 2012, Wednesday // 15:06 | Viewed: 598

Bulgarian Right Wing Leader Lauds Abandon of Belene NPP

Bulgaria's decision to halt the Belene Nuclear Power Plant project is very significant because with it the country returns to the geopolitics of Europe and NATO, according to right-wing leader, Ivan Kostov.

Business » Energy | March 28, 2012, Wednesday // 15:04 | Viewed: 620

Bulgaria Socialists Slam Quitting Belene N-Plant

Bulgaria's former energy minister, part of the previous Socialist-led coalition, has blasted the decision of the current center-right government to abandon plans for a second nuclear power plant in Belene.

Business » Energy | March 28, 2012, Wednesday // 14:58 | Viewed: 616

Bulgarian Ambassador to US Backs Shale Gas Exploration

Bulgarian Ambassador in Washington DC, Elena Poptodorova, says that the subject of shale gas exploration in the country must be examined more calmly.

Business » Energy | March 28, 2012, Wednesday // 14:30 | Viewed: 829

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: 10396

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: 590

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: 712

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: 1076

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: 901

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: 515

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: 707

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: 1279

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: 999

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: 2332

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: 889
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