Business » Energy

Bulgaria to Launch 600 MW of Renewable Energy Capacities in 1 Year

Around 350 MW of renewable energy capacities have been launched in the country since July 2011, according to Energy and Economy Minister Delyan Dobrev.

Business » Energy | April 24, 2012, Tuesday // 17:26 | Viewed: 1644

Nabucco Consortium: Hungary's MOL Not Quitting Gas Transit Pipeline

The Nabucco Consortium has no indication to believe that Hungary and its energy company MOL will quit the Nabucco gas transit pipeline project, the Consortium said in a special statement.

Business » Energy | April 24, 2012, Tuesday // 14:53 | Viewed: 1888

Bulgaria Scrapped Belene N-Plant for Political Reasons, Russia Says

Bulgaria's decision to abandon the Belene Nuclear Power Plant project was political and not due to technical or economical reasons, according to Sergey Kiriyenko, head of Russia's state-owned Rosatom energy company.

Business » Energy | April 24, 2012, Tuesday // 14:45 | Viewed: 1461

Fuel Prices in Bulgaria to Stabilize at Current Levels - Energy Minister

Fuel prices in Bulgaria will stabilize around their current levels, according to Delyan Dobrev, Minister of Economy, Energy and Tourism.

Business » Energy | April 24, 2012, Tuesday // 11:58 | Viewed: 831

Hungary to Quit Nabucco Gas Pipeline Project - Report

Hungarian company MOL will probably leave the EUR 7.9 B Nabucco natural gas pipeline project, according to the country's Prime Minister Viktor Orban.

Business » Energy | April 24, 2012, Tuesday // 09:45 | Viewed: 1268

Thermal Power Plant Capacity in Bulgaria's Pernik Faces Shutdown

The fifth steam turbine, which is the main capacity of the Republika Thermal Power Plant in Pernik, will be stopped in a few days' time.

Business » Energy | April 23, 2012, Monday // 18:06 | Viewed: 1510

Bulgaria's Belene NPP Would've Cost EUR 10 B, HSBC Estimates

The construction of the Belene Nuclear Power Plant would have cost EUR 10.35 B in the best case scenario, according to the estimates of Bulgarian government's consultant for the project, the HSBC bank.

Business » Energy | April 23, 2012, Monday // 17:42 | Viewed: 2560

Russian Expert: South Stream Will Never Pay Off

The Russian-sponsored gas transit pipeline South Stream is a purely political project, and will never return the invested money, according to an independent Russian expert.

Business » Energy | April 23, 2012, Monday // 16:19 | Viewed: 1769

Lukoil Bulgaria CEO Seeks Short-Term Fuel Price Measures

Given the current crude oil prices on international markets, liquid fuel prices in Bulgaria could drop by BGN 0.09-0.10 per liter as a result of short-term measures adopted by the state, according to Lukoil CEO Valentin Zlatev.

Business » Energy | April 23, 2012, Monday // 12:50 | Viewed: 1337

Sofia Heating Company Shuts off Power

Sofia's heating company announced it will begin to shut off the central heating in the capital as of April 23, Monday.

Business » Energy | April 23, 2012, Monday // 07:21 | Viewed: 733

Bulgaria's Plovdiv Declares Energy-Retrofitted Buildings Tax-Exempt

The Southern Bulgarian Plovdiv Municipality has declared buildings retrofitted under the Energy Upgrade of Bulgarian Homes tax-exempt.

Business » Energy | April 22, 2012, Sunday // 12:55 | Viewed: 2238

Mass Rally in Northern Bulgaria Demands Belene NPP

Some 2 000 people have rallied in the northern Bulgarian city of Pleven in support for the Belene nuclear power plant project, which has been abandoned by Bulgaria's Borisov Cabinet.

Business » Energy | April 22, 2012, Sunday // 12:15 | Viewed: 1222

Russia's Ambassador to Bulgaria: NPP Project No Charity

Moscow is awaiting the payments due for Bulgaria's abandoned nuclear plant project in Belene, the Russian ambassador here has said.

Business » Energy | April 21, 2012, Saturday // 13:16 | Viewed: 1602

Northern Leg of South Stream to Be Completed First, Eni Says

The shareholders in the Russian-sponsored South Stream gas pipeline project for carrying natural gas to Europe have agreed to build the northern leg to Austria before starting work on the southern leg to Italy, announced Paolo Scaroni, head of Italian ene

Business » Energy | April 20, 2012, Friday // 15:44 | Viewed: 1043

Bulgaria's NPP Kozloduy Moves to Extend Reactor Life by 20 Years

Bulgaria's only operational nuclear power plant in the Danube town of Kozloduy has started the first phase of the procedure to extend the life of its two 1000 MW reactors by 20 years.

Business » Energy | April 20, 2012, Friday // 14:52 | Viewed: 1513

Sofia Starts to Shut Down Central Heating

Sofia's heating company announced it has decided to start shutting down the central heating in the capital as of April 23, Monday.

Business » Energy | April 20, 2012, Friday // 13:46 | Viewed: 859

Govt Inches towards Sale of CEZ Bulgaria Minority Stake

Bulgaria's Privatization Agency will table to the Financial Supervision Commission (FSC) the paperwork for the sale of the government's 33% minority stake in the CEZ Bulgaria power utility within 1-2 weeks.

Business » Energy | April 19, 2012, Thursday // 17:34 | Viewed: 975

South Stream Construction to Be Launched in December - Putin

The construction of the South Stream gas pipeline will begin in December 2012, Russian Prime Minister Vladimir Putin has announced.

Business » Energy | April 19, 2012, Thursday // 16:25 | Viewed: 1745

Bulgaria PM Highlights Energy Diversification in Talks with Moldovan Counterpart

Speaking after a Thursday meeting with Moldovan Prime Minister Vladimir Filat, Boyko Borisov yet again emphasized the importance of gas grid interconnection projects for energy security.

Business » Energy | April 19, 2012, Thursday // 13:16 | Viewed: 804

Bulgarian Left-Winger Doesn't Give Up on Belene N-Plant Hopes

The abandoned Belene Nuclear Power Plant project is not irreversibly dead and a referendum on its fate should be called, according to Sergey Stanishev, leader of the left-wing oppositional Bulgarian Socialist Party.

Business » Energy | April 17, 2012, Tuesday // 17:25 | Viewed: 853

Pro-Nuclear Organizations Seek Public Discussion of Belene NPP Cancellation

Four pro-nuclear organizations have come up with a declaration against the suspension of the Belene NPP project and the transfer of the assembled Russian reactor to the Kozloduy NPP.

Business » Energy | April 17, 2012, Tuesday // 16:56 | Viewed: 845
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