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Russia, Bulgaria to Create Joint Company for South Stream Project

Russia and Bulgaria will create a joint company for the execution of the South Stream gas pipeline project, announced Bulgarian energy minister Traikov Friday after negotiations with a Russian delegation headed by his Russian counterpart Shmatko.

Business » Energy | July 16, 2010, Friday // 17:57 | Viewed: 1207

Bulgarian President Backs Government on Gas Talks With Russia

Bulgarian President Georgi Parvanov expressed support Friday for the government's recent steps in fleshing out agreements on joint energy projects with Russia.

Business » Energy | July 16, 2010, Friday // 16:51 | Viewed: 1200

Brussels Police Chases Away Protesting Bulgarian Physicist

The Brussels police has forced the Bulgarian nuclear physicist Georgi Kotev, who has announced a hunger-strike, to leave the park in which he has positioned his tent.

Business » Energy | July 16, 2010, Friday // 15:09 | Viewed: 2060

Bulgarian, Russian Energy Ministers to Meet for South Stream Talks

The Russian Energy Minister Sergey Shmatko will meet Friday with his Bulgarian counterpart, Traicho Traikov, to discuss the "road map" for the South Stream gas pipeline project.

Business » Energy | July 16, 2010, Friday // 08:31 | Viewed: 1503

Socialists Claim Bulgaria Won Big from Energy Contracts with Russia

The leader of the Bulgarian Socialist Party, Sergey Stanishev, has announced that Bulgarian is gaining more than BGN 20 B from its energy contracts with Russia.

Business » Energy | July 15, 2010, Thursday // 18:12 | Viewed: 1333

Bulgaria, Russia Mull Burgas-Alexandroupolis Future - Report

The Russian "Transneft" is negotiating Thursday with Bulgaria the Burgas-Alexandroupolis oil line project, according to the Russian news agency RIA Novosti, cited by the Bulgarian Dnevnik.

Business » Energy | July 15, 2010, Thursday // 17:07 | Viewed: 1493

Bulgaria, Russia to Discuss South Stream Road Map

Representatives of Bulgaria and Russia are going to discuss details on the road map for the South Stream gas pipeline project Friday.

Business » Energy | July 15, 2010, Thursday // 16:29 | Viewed: 1238

2 American Companies Apply to Search for Shale Gas in Bulgaria

Two US companies have expressed interest in drilling for shale gas in Bulgaria, the Ministry of Economy, Energy and Tourism announced.

Business » Energy | July 15, 2010, Thursday // 08:43 | Viewed: 2174

Mitsubishi Transfers Carbon Credit from Bulgarian Wind Park to Japan

Mitsubishi Heavy Industries has transferred carbon credit from its Kaliakra Wind Farm in Bulgaria to Japan.

Business » Energy | July 14, 2010, Wednesday // 20:14 | Viewed: 3082

Bulgaria's Bulgargaz Blames Low Usability of Gas Network for Price Hike

The gas distribution holdings in Bulgaria work with a surcharge by 6,5% to 6,7% , while the surcharge by the Bulgarian state company "Bulgargaz" is only 1,5%, the company's executive director has announced.

Business » Energy | July 14, 2010, Wednesday // 15:04 | Viewed: 1455

Bulgarian PM Sends Foreign Power Utilities to Prosecutor

Bulgaria's Prime Minister, Boyko Borisov, announced Wednesday the report of the country's energy watchdog about the three foreign-owned electric power utilities will be sent to the Chief Prosecutor.

Business » Energy | July 14, 2010, Wednesday // 14:16 | Viewed: 1728

South Stream Swallows Nabucco, Kommersant Says

Russia's Gazprom aims to weaken Nabucco by luring German utility RWE into joining its South Stream gas pipeline project, Russian Kommersant newspaper reported.

Business » Energy | July 14, 2010, Wednesday // 13:49 | Viewed: 1288

Bulgaria Courts Canadian Companies to Bid for Deep Gas Drilling

Bulgaria's economy minister has invited Canadian companies to apply for deep drilling a day after Chevron Corp said it is interested in extracting shale gas in the country.

Business » Energy | July 14, 2010, Wednesday // 11:12 | Viewed: 1441

German Papers: Gazprom Wants to Knock Nabucco Out

German papers Handelsblatt and Die Welt write Tuesday that Russian energy giant is taking concrete steps to hinder the completion of EU gas pipeline Nabucco.

Business » Energy | July 13, 2010, Tuesday // 17:00 | Viewed: 1876

Bulgarian Regulator: No Violations in Gas Price-Formation

Тhe Bulgarian State Commission for Energy Regulation's chair Angel Semerdzhiev announced Tuesday that no violations are present in the way prices for natural gas are formed in the country.

Business » Energy | July 13, 2010, Tuesday // 15:43 | Viewed: 1344

Bulgarian State Energy Watchdog to Penalize Power Utilities

The Bulgarian state energy regulator will impose fines on electrical energy power utilities based on results from the regulatory audit it conducted.

Business » Energy | July 13, 2010, Tuesday // 15:01 | Viewed: 1183

US Ambassador Presents Major Gas Alternative for Bulgaria

The US ambassador to Bulgaria James Warlick gave an official presentation Tuesday of American company Chevron, which has expressed interest in drilling for shale gas in the country.

Business » Energy | July 13, 2010, Tuesday // 14:22 | Viewed: 2299

CEZ Power Utility Protests Treatment from Bulgarian Energy Watchdog

Czech-owned power utility CEZ claimed Tuesday that the actions of Bulgarian state regulator foster unjustified "public pressure" on their businesses

Business » Energy | July 13, 2010, Tuesday // 13:21 | Viewed: 1421

RWE Says to Consider Russia's Gazprom Offer over South Stream

German utility RWE will consider Russia's Gazprom offer for joining its South Stream gas pipeline project, the company announced after the German daily Handelsblatt broke the news, citing unnamed insiders.

Business » Energy | July 13, 2010, Tuesday // 12:45 | Viewed: 1297

Bulgarian Watchdog: Power Utilities Violate Law, Market Rules

Electrical power utilities working in Bulgaria have engaged in non-market behavior and committed a number of regulatory violations, the state energy watchdog announced in its conclusive audit findings.

Business » Energy | July 13, 2010, Tuesday // 11:47 | Viewed: 1335

Belene Nuclear Plant High on Tadic Agenda in Bulgaria

Serbian President Boris Tadic is expected to discuss the country's participation in Bulgaria's second nuclear power plant of Belene during his upcoming visit to Sofia on Friday.

Business » Energy | July 13, 2010, Tuesday // 09:51 | Viewed: 1743
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