Business » Energy

Bulgaria to Renew Electricity Exports Tuesday

Bulgaria is set to renew on Tuesday its electricity exports that it stopped due to the severe winter conditions in the country.

Business » Energy | February 19, 2012, Sunday // 15:51 | Viewed: 1524

Gazprom Agrees to 10% Price Cut for Long-Term Contracts in Europe

Russian energy giant Gazprom has reduced the price of gas in its long-term contracts for European consumers by 10%.

Business » Energy | February 17, 2012, Friday // 18:28 | Viewed: 1878

E.ON, CEZ Bulgaria Units to Launch IPOs in April, May

Bulgaria's government is expected to list its 33% minority stake in E.ON and CEZ power distributors in April and May respectively in a bid to enliven the local stock exchange and boost revenues.

Business » Energy | February 17, 2012, Friday // 12:53 | Viewed: 1335

Shale Gas Debate in Bulgaria Will Be Rekindled - Energy Minister

Traicho Traikov, Minister of Economy, Energy and Tourism, has suggested that the shale gas debate in Bulgaria will resume so that society can be presented with the absolute truth about the matter.

Business » Energy | February 16, 2012, Thursday // 12:56 | Viewed: 1362

Transneft Refuses to Give Up on BA Pipeline Project

Russian company Transneft has not given up on the Burgas-Alexandroupolis oil pipeline project, the company's Deputy President Mikhail Barkov has revealed.

Business » Energy | February 15, 2012, Wednesday // 20:39 | Viewed: 1719

Bulgarian Govt Widens Scope of Watchdog Activity in Renewable Energy Sector

The Bulgarian government has widened the scope of work of the State Commission for Energy and Water Regulation (DKEVR) through amendments to the Ordinance on Licensing Energy Sector Activities in connection with the Energy from Renewable Sources Act and t

Business » Energy | February 15, 2012, Wednesday // 15:34 | Viewed: 1040

Bulgarian Experts to Set Up Movement for Energy Independence

A Movement for Energy Independence (DEN) will be established next week, the organizers of the initiative announced Tuesday at a press conference.

Business » Energy | February 14, 2012, Tuesday // 15:42 | Viewed: 1945

Bulgarian Energy Watchdog Announces Heating Price Hike

Heating prices in Bulgaria will go up on April 1 over the increase of fuel prices on global markets, the Head of the State Commission for Energy and Water Regulation, DKEVR, Angel Semerdzhiev, announced Tuesday.

Business » Energy | February 14, 2012, Tuesday // 14:20 | Viewed: 965

China Ming Yang Group to Supply Turbines for Bulgarian Wind Parks

China Ming Yang Wind Power Group Ltd., a Guangdong-based wind turbine manufacturer, has agreed to supply machines on 125 MW of projects in Bulgaria.

Business » Energy | February 13, 2012, Monday // 15:00 | Viewed: 2583

France's Dalkia Eyes Sofia Ailing Heating Utility

France's Dalkia International has confirmed its interest in acquiring Sofia heating utility, which is in tatters after being drained to the brink of bankruptcy.

Business » Energy | February 12, 2012, Sunday // 15:29 | Viewed: 1323

Govt: Bulgaria's Electricity Balance Stabilizes as Exports Stop

Bulgaria's electricity balance has stabilized since the country stopped exporting electricity as of midnight on February 10, announced Bulgarian Minister of Economy, Energy, and Tourism Traicho Traikov.

Business » Energy | February 11, 2012, Saturday // 16:27 | Viewed: 1101

US Energy Envoy in Bulgaria Admits to Shale Gas Concerns

Prices of gas in the US are 20% from those in Bulgaria, says US Energy Envoy for Eurasia Richard Morningstar, who was on an official visit to Sofia Thursday and Friday.

Business » Energy | February 11, 2012, Saturday // 12:42 | Viewed: 1892

Bulgaria's State Gas Supplier Wants Almost 30% Price Hike

Bulgaria's state-owned gas supplier Bulgargaz has demanded that natural gas prices in the country go up by almost 27% as of April 1, 2012.

Business » Energy | February 10, 2012, Friday // 19:34 | Viewed: 1392

Bulgarian Minister Assuages Fears of Power Blackouts

Bulgaria's Economy and Energy Minister, Traicho Traikov and the Ministry assure that there would be no power outages and planned blackouts in the country over the shortage of electric power.

Business » Energy | February 10, 2012, Friday // 09:47 | Viewed: 1011

Morningstar: US Is Bulgaria's Strategic Partner in Energy

The main issues that Bulgaria needs to stress on in its energy policy are diversification and transparency, stated US Energy Envoy for Eurasia Richard Morningstar, who is on an official visit to Sofia.

Business » Energy | February 9, 2012, Thursday // 18:57 | Viewed: 2347

Bulgaria Stops Electricity Export Due to Harsh Winter

Starting 1 am Friday Bulgaria is stopping the export of electricity due to higher domestic consumption in exceptionally cold winter conditions.

Business » Energy | February 9, 2012, Thursday // 18:26 | Viewed: 1496

US Energy Envoy Already in Bulgaria

US Special Envoy for Eurasian Energy Richard Morningstar has arrived in Bulgaria and met Thursday with President, Rosen Plevneliev.

Business » Energy | February 9, 2012, Thursday // 17:38 | Viewed: 1135

Bulgaria FinMin: South Stream Is Great, Belene NPP Dubious

Bulgaria is fully committed to implementing the South Stream natural gas pipeline jointly with Russia, said Bulgarian Minister of Finance Simeon Djankov following his trip to Moscow.

Business » Energy | February 9, 2012, Thursday // 11:18 | Viewed: 1267

Bulgarian Nationalists Seek Ban on Sale of State Power Utilty Stakes

Pavel Shopov, MP from nationalist party Ataka, has called for a moratorium on the sale of state-owned minority stakes in power distribution companies, arguing that their privatization would hurt public interests.

Business » Energy | February 8, 2012, Wednesday // 19:33 | Viewed: 908

Bulgaria Needs Extra EUR 579 M for Nuclear Decommissioning - ECA

Bulgaria, Slovakia and Lithuania need an additional EUR 2.5 B for the decommissioning of eight non-upgradeable nuclear reactors, according to a report of the European Court of Auditors (ECA).

Business » Energy | February 8, 2012, Wednesday // 17:52 | Viewed: 1919

Russia Guarantees Gas Deliveries to Europe during Bulgarian Visit

Russia fully guarantees adequate delivery of natural gas to Europe, stated Russian Energy Minister Sergei Shmatko upon meeting Bulgarian counterpart Traicho Traikov in Moscow Tuesday.

Business » Energy | February 7, 2012, Tuesday // 15:37 | Viewed: 1411
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