Business » Energy

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: 692

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: 1274

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: 972

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: 2216

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: 869

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: 793

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: 1071

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: 2048

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: 958

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: 824

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: 1219

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: 1281

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: 806

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: 1222

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: 1256

Bulgaria PM Slams Ex EconMin for 'Talking Rubbish', Laying Traps

Prime Minister Boyko Borisov has accused Traicho Traikov, former Minister of Economy, Energy and Tourism, of setting traps for the GERB government, of deliberately obstructing projects and of "talking plain rubbish".

Business » Energy | March 23, 2012, Friday // 14:27 | Viewed: 941

Bulgaria Refuses to Pay Russia Damages over Belene N-Plant

Bulgaria's government has made it clear it is not daunted by the risk of being taken to arbitration by the Russian contractor in Belene nuclear project, should it decide to abandon it.

Business » Energy | March 22, 2012, Thursday // 11:11 | Viewed: 1143

Bulgarian Regulator to Go for 13% Natural Gas Price Hike

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 stated in a report that is yet to be adopted.

Business » Energy | March 21, 2012, Wednesday // 19:58 | Viewed: 729

Russia Grows Tired of Bulgaria's Belene NPP Uncertainty

Russia's state-owned energy company Rosatom has urged Bulgaria to quickly make up its mind about the Belene nuclear power plant project.

Business » Energy | March 21, 2012, Wednesday // 16:57 | Viewed: 1037

New Bulgarian EconMin Parrots PM Stance on Belene NPP

Bulgaria's Belene nuclear power plant will not be a solely Bulgarian-Russian project if it is built at all, the country's newly appointed Economy and Energy Minister has declared, echoing PM Boyko Borisov's stance on the issue.

Business » Energy | March 21, 2012, Wednesday // 14:23 | Viewed: 807

Bulgaria Should Sell Belene Nuclear Reactor - Right-Wing Leader

Bulgaria should sell its new Russian nuclear reactor, according to Ivan Kostov, co-chair of the right-wing Blue Coalition.

Business » Energy | March 21, 2012, Wednesday // 12:24 | Viewed: 742
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