Business » Energy

Rosatom to Claim EUR 1 B from Bulgaria over Missed Deadline

Bulgaria faces being taken to arbitration by the Russian contractor for the nuclear plant project in Belene as it is likely to miss the June 1 deadline for signing a final agreement.

Business » Energy | April 20, 2011, Wednesday // 13:37 | Viewed: 1742

Italian Companies Eager to Invest in Bulgaria's Renewable Energy

A number of Italian companies have declared readiness to invest in the development of Bulgaria's renewable energy sector at a round table organized by Confindustria Bulgaria.

Business » Energy | April 19, 2011, Tuesday // 19:03 | Viewed: 2649

Bulgaria May Decide on Belene NPP after June 1

Bulgaria's government may be forced to extend the deadline, until when the Russian contractor wants to be decided whether to push ahead with building a nuclear power plant at Belene, the energy minister has said.

Business » Energy | April 19, 2011, Tuesday // 12:35 | Viewed: 1872

New State Utility Head Wanted in Bulgaria

Bulgaria will launch on Tuesday or Wednesday a contest for a successor to the head of the National Electric Company NEK, who was fired in the wake of a scandal over Belene nuclear plant project.

Business » Energy | April 19, 2011, Tuesday // 11:28 | Viewed: 1543

Utility Stops Heating in Sofia over Warmer Weather Forecast

The heating utility in the Bulgarian capital Sofia, Toplofikatsia, begins the general suspension of heating services, the company announced Sunday.

Business » Energy | April 17, 2011, Sunday // 11:36 | Viewed: 1561

Burgas Mayor: We Don't Want Turkish NPP Near Border

The mayor of Bulgarian city of Burgas Dimitar Nikolov has spoken out against Turkish possible plans to build a NPP nearby the Bulgarian border on the Black Sea.

Business » Energy | April 16, 2011, Saturday // 18:43 | Viewed: 1824

Bulgaria's State Utility Head Axed in Wake of Nuclear Plant Scandal

Krasimir Parvanov, head of Bulgaria's National Electric Company NEK, has been sacked following objections to a deal he signed with Russian partners for the nuclear power plant project in Belene.

Business » Energy | April 15, 2011, Friday // 00:34 | Viewed: 2257

Bulgaria Decides Fate of Embattled Utilities Head

Bulgaria's energy holding, which groups the country's top energy assets, is expected to decide on Thursday the fate of the National Electric Company head following objections to a deal he signed with Russian partners for a nuclear power plant project.

Business » Energy | April 14, 2011, Thursday // 08:42 | Viewed: 1549

Bulgaria Signs Up Areva to Back Its Nuclear Interests in EU

Bulgaria's Borisov Cabinet has succeeded in becoming closer with Areva, apparently harboring hopes to get the powerful French nuclear corporation to help it protect its nuclear interests in the EU.

Business » Energy | April 13, 2011, Wednesday // 17:42 | Viewed: 1816

Bulgaria, Areva Sign Cooperation Memorandum

The Bulgarian Energy Holding (BEH) and the Areva company signed a cooperation memorandum covering crucial spheres of the country's energy sector on Wednesday.

Business » Energy | April 13, 2011, Wednesday // 17:20 | Viewed: 1924

Bulgarian Energy Minister: No Room for Sulking in Politics

Bulgaria's Minister of Economy and Energy, Traicho Traikov, declared Tuesday the project to build a second Nuclear Power Plant in the Danube town of Belene in Bulgaria was "staying with him.

Business » Energy | April 12, 2011, Tuesday // 11:54 | Viewed: 1813

HSBC Gets EUR 2 M Consulting Contract for Bulgaria's Belene NPP

The Bulgarian government has signed a consulting contract with UK-based company HSBC for the financial analysis for the project for the construction of the Belene nuclear power plant.

Business » Energy | April 12, 2011, Tuesday // 09:08 | Viewed: 2665

Russian Media: Fate of Bulgarian Nuke Plans Decided in London

The fate of Bulgaria's project to build a second Nuclear Power Plant in the Danube town of Belene is going to be decided in London, the Russian daily Kommersant writes Monday.

Business » Energy | April 11, 2011, Monday // 08:14 | Viewed: 1602

Russia-Backed Nuclear Project in Bulgaria 'Pig in a Poke'

The plans for a new Russia-backed nuclear plant in northern Bulgaria aim to help Moscow lay its hands on the energy market, impose a monopoly on the prices and keep them high, a right-winger leader has said.

Business » Energy | April 10, 2011, Sunday // 21:01 | Viewed: 2166

Bulgaria Ministers Make Up, Tie Up N-Plant with Output Price

Bulgaria's government will make up its mind about the future of its second nuclear power plant project in Belene, depending on how profitable the export price of its output will be, the government said on Sunday.

Business » Energy | April 10, 2011, Sunday // 18:17 | Viewed: 1901

Bulgaria Contracts HSBC on Belene Nuclear Project Monday

The Bulgarian Energy Holding will sign on Monday a contract with HSBC, one of UK's biggest banks, for consultancy services, to help it decide how to proceed and attract new investors for the planned Belene nuclear power plant.

Business » Energy | April 10, 2011, Sunday // 17:06 | Viewed: 2099

Borisov: Northwest Bulgaria Eager for Belene Nuclear Plant

Northwestern Bulgaria, the poorest EU region, is eager for the construction of the vastly troubled Belene nuclear power plant, according to Bulgarian Prime Minister Boyko Borisov.

Business » Energy | April 8, 2011, Friday // 20:35 | Viewed: 2014

Bulgarian EconMin Shows No Regrets over Belene NPP Scandal

Bulgaria's Minister of Economy and Energy Traicho Traikov has said he "stays behind his words and actions" after "firing" the National Electric Company head for signing an annex to the agreement with the Russian side on the country's Belene NPP.

Business » Energy | April 8, 2011, Friday // 14:50 | Viewed: 1646

Bulgaria PM Fuels Suspicions of Strong Ties with Oil Oligarch

Bulgaria's prime minister has run, yet one more time, to the defense of the head of Lukoil Bulgaria, owner of the only oil refinery in the country, Valentin Zlatev, widely considered to be the back seat ruler.

Business » Energy | April 8, 2011, Friday // 14:36 | Viewed: 2288

Gloating Russian Media: Bulgaria PM on Our Side of The Fence

The scandal, which shattered the Bulgarian government, following the signing of an agreement with Rosatom Corp on Belene nuclear power plant, is close to a beneficial for Russia resolution, according to local media.

Business » Energy | April 7, 2011, Thursday // 15:10 | Viewed: 1396

Price of Bulgaria's Nuclear Plant Not Subject to Moscow Talks

The issue with the price of the project to build a second Nuclear Power Plant in the town of Belene in Bulgaria has not been discussed in Moscow Wednesday evening at the meeting of the Bulgarian-Russian Inter-Governmental Commission for Trade, Economic, S

Business » Energy | April 7, 2011, Thursday // 12:06 | Viewed: 1518