Business » Energy

Bulgaria, Russia Agree on New Nuclear Project Delay

Bulgaria and Russia have reached an agreement to extend the negotiations over Belene nuclear project by another six months as of the beginning of October amidst continuing haggling over its price and feasibility.

Business » Energy | October 3, 2011, Monday // 07:34 | Viewed: 1928

Bulgaria's Gas, Heating Prices Go Up Oct 1

Natural gas, hot water, and central heating have new, higher prices in Bulgaria, effective Saturday.

Business » Energy | October 1, 2011, Saturday // 11:10 | Viewed: 1652

Lukoil License Court Saga in Bulgaria Drags into November

The two trials for Lukoil's suspended tax warehouse operator permits at the Administrative Court Sofia City (ACSC) will continue on November 09.

Business » Energy | September 28, 2011, Wednesday // 17:13 | Viewed: 1749

Premier Power to Build 4 Solar Plants in Bulgaria

Premier Power has officially announced it will build four photovoltaic (PV) power plants totaling 16.

Business » Energy | September 28, 2011, Wednesday // 16:22 | Viewed: 2247

Lukoil President Denies Conflict with Bulgarian Govt over License Suspension

Lukoil President Vagit Alekperov has rejected allegations of a clash with the Bulgarian government, saying that the existing problems lie with technicalities.

Business » Energy | September 27, 2011, Tuesday // 19:29 | Viewed: 1833

Natural Gas Rates in Bulgaria to Add 6.67% Starting October

Natural gas prices will go up by 6.67% to BGN 594.37 per 1000 cu m, VAT excluded,as of October, according to an announcement of Bulgaria's State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | September 27, 2011, Tuesday // 14:20 | Viewed: 1110

Bulgaria Begs Russia for New Nuclear Project Delay

Bulgaria has approached Russia with a request to extend the negotiations over Belene nuclear project by another four months as of October, the economy minister has said.

Business » Energy | September 27, 2011, Tuesday // 12:54 | Viewed: 1749

Bulgaria Shuts 20-Year-Old Kozloduy NPP Reactor for Repairs

One of the two 1000 MW reactors of the Bulgarian nuclear power plant "Kozloduy" has been switched off for repairs, the NPP announced.

Business » Energy | September 26, 2011, Monday // 17:03 | Viewed: 1179

US Ambassador to Bulgaria Urges Impartial, Scientific Approach to Shale Gas

US Ambassador to Bulgaria James Warlick has urged a rational approach to the issue of shale gas, saying that America also faced environmental concerns in relation to the matter.

Business » Energy | September 26, 2011, Monday // 12:17 | Viewed: 1656

Azerbaijan May Start Shipping 1BCM of Natural Gas per Year to Bulgaria

President of Azerbaijan Ilham Aliyev has assured Bulgarian Minister of Economy, Energy and Tourism Traicho Traikov that there is available Azeri gas for Bulgaria apart from the volumes earmarked for the Nabucco pipeline.

Business » Energy | September 22, 2011, Thursday // 12:02 | Viewed: 2117

Iran Wants to Build Oil Refinery on Bulgaria's Black Sea Coast

Iran is interested in building an oil refinery in the Bulgarian Black Sea city of Varna, Iranian Ambassador to Bulgaria Golamreza Bageri Mogadam has announced.

Business » Energy | September 20, 2011, Tuesday // 13:38 | Viewed: 2915

Bulgaria's Energy Watchdog Sets Q4 Gas Price Hike at 8.6%

The price of natural gas in Bulgaria for the fourth quarter will be increased by 8.6%, according to a report of an expert work group of the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | September 20, 2011, Tuesday // 12:32 | Viewed: 1461

Bulgarian EconMin Sets on Caspian Energy Diversification Tour

Bulgaria's Economy and Energy Minister, Traicho Traikov, began Monday a tour of the Caspian and Caucasus region.

Business » Energy | September 19, 2011, Monday // 09:39 | Viewed: 1711

Poland Set to Launch Shale Gas Production 2014 - PM

Commercial shale gas production in Poland may be launched as early as 2014, the country's Prime Minister Donald Tusk has revealed.

Business » Energy | September 18, 2011, Sunday // 16:08 | Viewed: 1732

Ukraine Fails to Grab South Stream Pipeline from Bulgaria

A suggestion by Ukrainian President Viktor Yanukovich that South Stream be built through Ukraine has been quickly rebuffed by the future pipeline's shareholders in favor of its planned route through Bulgaria.

Business » Energy | September 16, 2011, Friday // 16:01 | Viewed: 1679

Gazprom Formally Signs Up ENI, EDF, BASF for South Stream Pipeline

Three major Western European energy companies – Italy's Eni, France's EDF, and Germany's BASF - formally joined Russian energy giant Gazprom as shareholders of the South Stream gas transit pipeline.

Business » Energy | September 16, 2011, Friday // 14:30 | Viewed: 7089

Bulgarian Govt Invites 'Bad Guys' Lukoil to Keep Its Fuel Reserves

The Bulgarian government has invited the Lukoil Neftochim refinery to keep some additional 3,600 tonnes of jet fuel for its state reserves, show procurement records.

Business » Energy | September 15, 2011, Thursday // 17:25 | Viewed: 1553

Bulgaria's Gas Prices to Grow by 9% in October

Natural gas prices will most likely grow by around 9% from October 01, said Tuesday Angel Semerdzhiev, Chairman of the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | September 13, 2011, Tuesday // 14:59 | Viewed: 1652

Bulgaria Replaces CEO of Kozloduy Nuclear Plant

The state-owned Bulgarian Energy Holding has appointed a new director of the Kozloduy NPP, the only Bulgarian nuclear power plant, after the acting CEO sought a release for health reasons.

Business » Energy | September 12, 2011, Monday // 18:07 | Viewed: 1729

EU Sets Out to Lure Azerbaijan, Turkmenistan into Trans-Caspian Pipeline

The EU has adopted a mandate to negotiate with Azerbaijan and Turkmenistan the building of the long-anticipated Trans-Caspian oil and gas pipeline, the EC has announced.

Business » Energy | September 12, 2011, Monday // 17:10 | Viewed: 4443

Lukoil President Vows to Make Bulgarian Oil Refinery Best in Eastern Europe

Lukoil plans to invest around USD 25 B in oil processing and petrochemical manufacture in the next 10 years, according to Vagit Alekperov, President of the Russian oil giant.

Business » Energy | September 12, 2011, Monday // 13:54 | Viewed: 2459