Business » Energy

Bulgaria with Steady Growth of Electricity, Fuels Production

Production of solid fuels in Bulgaria in September 2011, compared to August 2011, increased by 5.

Business » Energy | December 29, 2011, Thursday // 12:13 | Viewed: 1681

Bulgaria PM: Not a Lev for Russia over Scrapped BA Pipe

Bulgaria has ruled out paying damages for terminating its participation in the Burgas-Alexandroupolis oil pipeline project, which dealt a killer blow to the Bosporus bypass link.

Business » Energy | December 27, 2011, Tuesday // 16:55 | Viewed: 1815

Russia Admits to Plans to Axe South Stream

Russia's monopoly Gazprom admitted for the very first time that the fate of the gas pipeline, a mega-project, estimated at USD 30 B, actually depends on the Ukraine.

Business » Energy | December 27, 2011, Tuesday // 13:31 | Viewed: 2807

Shmatko 'Sad' for Bulgaria's 'Stagnant' Belene NPP Project

There for the time being are no perspectives for activization on Bulgaria's Belene NPP project, commented Russian Energy Minister Sergey Shmatko Monday.

Business » Energy | December 26, 2011, Monday // 18:49 | Viewed: 1799

Russia Will Ask Bulgaria to Cover Cost of Scrapped BA Pipe

Russia will take all legal measures available to make Bulgaria pay indemnities over the Burgas-Alexandroupolis oil pipeline project, said Russian Energy Minister Sergey Shmatko.

Business » Energy | December 26, 2011, Monday // 17:09 | Viewed: 1642

Bulgaria to Start Building Gas Links to Greece, Romania in 2012

Bulgaria is about to start construction a natural gas interconnection with Romania in a few weeks, according to Bulgarian Economy, Energy, and Tourism Minister Traicho Traikov.

Business » Energy | December 25, 2011, Sunday // 15:45 | Viewed: 1980

Bulgaria Thinks Failed Oil Pipeline Won't Hurt Gas Talks with Russia

Bulgaria's "killing" of the Burgas-Alexandroupolis oil pipeline, a joint project with Russia and Greece, will not affect the current Bulgarian-Russian natural gas supplies talks, according to Economy Minister Traicho Traikov.

Business » Energy | December 25, 2011, Sunday // 15:02 | Viewed: 2123

EVN Snaps Up Bulgaria Units on Bourse, Govt under Fire

Austria's EVN AG have acquired more than 97% in the capital of its two units in Bulgaria right after the trade with their shares started on the local stock exchange. The company is expected to increase even further its stake.

Business » Energy | December 23, 2011, Friday // 15:58 | Viewed: 1376

Up to 15% of Bulgarian Energy Holding May Be Sold on Stock Market

Traicho Traikov, Minister of Economy, Energy and Tourism, has said that the state may float a10-15% share of the Bulgarian Energy Holding (BEH), on the stock market.

Business » Energy | December 22, 2011, Thursday // 18:22 | Viewed: 1468

Ex Deputy Energy Minister Appointed Head of Nabucco Bulgaria

Mariy Kosev, former Deputy Minister of Economy, Energy and Tourism, has been appointed Managing Director of Nabucco Bulgaria, Nabucco Gas Pipeline International GmbH said in a statement.

Business » Energy | December 22, 2011, Thursday // 14:04 | Viewed: 1487

Ukraine Still Hopes for Gas Consortium with EU, Russia

Ukraine still wants to create a trilateral gas consortium with the EU and Russia to manage its gas transportation system, Ukrainian President Viktor Yanukovych said on Wednesday.

Business » Energy | December 21, 2011, Wednesday // 18:19 | Viewed: 1243

EVN Bulgaria Unit Snapped Up on Bourse, BGN 93 M Raised

Bulgaria has sold almost all of its 33% stakes in Austria's EVN unit in the country right after the trade with its shares on the local stock exchange started on December 21, data from the bourse shows.

Business » Energy | December 21, 2011, Wednesday // 13:04 | Viewed: 1739

Bulgaria's Sole Nuclear Plant Sets Production Record

Bulgaria's sole Nuclear Power Plant, Kozloduy, set a record Tuesday with its two working units (Unit 5 and Unit 6), producing the highest quantity of electricity in their history.

Business » Energy | December 21, 2011, Wednesday // 09:13 | Viewed: 1947

Bulgaria Launches EVN Unit Sales on Bourse

The trade with shares from the Bulgarian government's 33% minority stake in the local unit of Austria's EVN AG started early on December 21.

Business » Energy | December 21, 2011, Wednesday // 08:30 | Viewed: 760

EC Advises Members to Be Cautious with Shale Gas - Bulgarian Ministry

The European Commission has allowed Bulgaria to require a favorable environmental impact assessment before exploring for shale gas, announced the Bulgarian Ministry of Environment Tuesday.

Business » Energy | December 20, 2011, Tuesday // 20:40 | Viewed: 2083

Gazprom Sets Foot on Bulgaria Retail Fuel Market

Russian energy giant Gazprom has acquired a license from the Bulgarian government to purchase 7 filling stations in the country.

Business » Energy | December 20, 2011, Tuesday // 17:21 | Viewed: 1381

Bulgaria to Increase Capacity of Its Kozloduy NPP by 60 MW

The capacity of Bulgaria's sole nuclear power plant, Kozloduy, will be increased by 60 MW as its generators will be replaced, it was announced on Tuesday.

Business » Energy | December 20, 2011, Tuesday // 11:01 | Viewed: 1462

Melrose Unveils Exploration Plans in Bulgaria for 2012

Edinburgh-based oil and gas explorer Melrose Resources announced it is to spend USD 37 M on exploration wells in Bulgaria and Egypt and a seismic project in Romania.

Business » Energy | December 16, 2011, Friday // 18:25 | Viewed: 2428

Greece Ready to Renegotiate Terms of BA Pipeline to See it Built

Greece is ready to renegotiate the terms for the implementation of the Burgas-Alexandroupolis project in order to see the oil pipeline completed, according to Greek Minister of Environment, Energy and Climate Change George Papakonstantinou.

Business » Energy | December 16, 2011, Friday // 15:21 | Viewed: 2846

EVN Likely to Snap up Bulgaria Unit on Bourse - Analysts

Austria's EVN AG may snap up the government's 33% minority stake in its Bulgaria unit right after the trade with its shares on the local stock exchange start on December 21, analysts expect.

Business » Energy | December 15, 2011, Thursday // 19:28 | Viewed: 1342

Departing E.ON Made Profit, Under-Investment in Bulgaria - Watchdog

Power distributor E.ON is leaving Bulgaria at a profit and an unfulfilled investment program, said Angel Semerdzhiev, Chair of the State Commission for Energy and Water Regulation (DKEVR), at an open session of the watchdog.

Business » Energy | December 15, 2011, Thursday // 12:07 | Viewed: 1250