Business » Energy

Bulgarian Experts Predict Staggering Cost for Belene Nuclear Plant

The cost of the second Bulgarian Nuclear Power Plant in the Danube town of Belene, if the project is realized, will end up being over EUR 11.5 B, according to a report of the Institute for Market Economy.

Business » Energy | March 23, 2011, Wednesday // 13:13 | Viewed: 1637

Bulgaria Cabinet with New Attempt to Tame Fuel Prices

Bulgarian freight careers, merchants and manufacturers of fuels are meeting Wednesday with the Economy and Energy Minister, Transports and Finance Ministers, to discuss measures to lower the skyrocketing fuel prices in the country.

Business » Energy | March 23, 2011, Wednesday // 09:54 | Viewed: 2029

Bulgaria Prepares to Stress Test Kozloduy Nuclear Plant

Bulgaria is beginning preparations for a stress test of its Kozloduy Nuclear Power Plant, NPP, the cabinet's press center announced Tuesday.

Business » Energy | March 22, 2011, Tuesday // 16:03 | Viewed: 2411

Bulgarians Increasingly Reluctant On Belene NPP - Poll

The Fukushima Daiichi nuclear crisis has made many Bulgarians reconsider their views on the country's Belene Nuclear Power Plant project, according to a poll conducted by the Alpha Research agency.

Business » Energy | March 22, 2011, Tuesday // 15:04 | Viewed: 1640

Bulgarian Energy Watchdog: Gas Prices to Go Up Q2

Price of natural gas in Bulgaria is going up by 4.5% in the second quarter of the year, according to Angel Semerdzhiev, Head of the country's energy watchdog.

Business » Energy | March 22, 2011, Tuesday // 13:23 | Viewed: 1642

German Wintershall Enters South Stream Pipeline

German company Wintershall has signed with Gazprom a preliminary agreement to acquire 15% of the South Stream pipeline.

Business » Energy | March 22, 2011, Tuesday // 09:45 | Viewed: 1482

Burgas-Alexandroupolis Pipeline to 'Hibernate' as Bulgaria Balks at Paying

Bulgaria has failed once again to pay its dues to the joint venture for the construction of the Burgas-Alexandroupolis oil pipeline, according to Transneft Vice President Mikhail Barkov.

Business » Energy | March 21, 2011, Monday // 18:06 | Viewed: 2329

Frustrated Greece: Bulgaria's Borisov Ruins Burgas-Alexandroupolis Oil Pipeline

Greece has been exercising constant pressure over Bulgaria's Borisov Cabinet to push ahead the construction of the Burgas-Alexandroupolis oil pipeline, Greece's Deputy Foreign Minister Spyros Kouvelis revealed.

Business » Energy | March 21, 2011, Monday // 16:48 | Viewed: 2077

Bulgarian Right Wing: Belene Nuclear Plant Is National Treason

To make a decision to go ahead with the construction of a second Nuclear Power Plant in Bulgaria's Danube town of Belene is national treason, according to right-wing leader, Ivan Kostov.

Business » Energy | March 21, 2011, Monday // 14:59 | Viewed: 1536

Borisov: Sure We're Gonna Build Belene Nuclear Plant!

In the latest swirl of statements in his typical style, Prime Minister Boyko Borisov has declared that the government will certainly build the second Bulgarian nuclear power plant in Belene.

Business » Energy | March 20, 2011, Sunday // 18:47 | Viewed: 1766

Chinese Firms Eager to Snatch Bulgaria's Belene NPP from Russia - Expert

Chinese companies are likely to realize Bulgaria's project for a second nuclear power plant in Belene as the talks between the Bulgarian government and Russia have stalled, an expert has indicated.

Business » Energy | March 20, 2011, Sunday // 17:18 | Viewed: 1778

Bulgaria Delays Answer to Nuclear Dilemma by 3 Months

Bulgaria's government will delay its decision whether to go ahead with its second nuclear power plant project or not by at least another three months over concerns about safety and costs.

Business » Energy | March 19, 2011, Saturday // 17:03 | Viewed: 1554

Bulgaria Encourages Turkmenistan for Trans-Caspian Gas Pipeline

The construction of the Trans-Caspian Gas Pipeline will greatly benefit both Turkmenistan and Europe, Bulgarian Economy Minister Traicho Traikov told his Turkmenistan counterpart Byashimmyrat Hodzhamammedov in Sofia.

Business » Energy | March 18, 2011, Friday // 16:13 | Viewed: 3297

Dutch Company to Invest in Bulgarian Solar Power Park

Dutch company Infinity Energy Holding AG will invest EUR 50 M in a solar power installation near the Bulgarian town of Devnya, near the Black Sea city of Varna.

Business » Energy | March 18, 2011, Friday // 12:41 | Viewed: 2674

Bulgaria PM Ties up Belene Nuclear Project with HSBC Report

Bulgaria's government will make up its mind whether to go ahead with its second nuclear power plant project or not only after the assessment by consultant HSBC is ready, the prime minister has said.

Business » Energy | March 17, 2011, Thursday // 18:57 | Viewed: 1929

Bulgaria's Belene NPP to Endure Apocalyptic Tornado - Rosatom

Bulgaria's Belene Nuclear Power Plant is supposed to endure a once-in-a-100 000 years tornado, Kiril Komarov, a representative of the Russian Rosatom company stated in Bulgaria.

Business » Energy | March 17, 2011, Thursday // 17:25 | Viewed: 1951

Bulgarian Competition Watchdog with Speedy Fuel Price Probe

The Bulgarian Commission for Competition Protection (KZK) is going to announce in a week the results of its probe in a possible cartel agreement regarding gasoline and diesel prices in Bulgaria.

Business » Energy | March 17, 2011, Thursday // 14:36 | Viewed: 1700

Romanian Media: Bulgaria's Belene NPP Project Hazardous

The Bulgarian Belene NPP project is unsafe and that is why the German RWE company has canceled its participation in it, according to the Romanian Jurnalul National daily.

Business » Energy | March 17, 2011, Thursday // 14:25 | Viewed: 1391

Russia Threatens to Scrap South Stream Gas Line

Russia is considering giving up the project for the South Stream gas line in case it meets insurmountable obstacles, Dmitry Psekov, spokesperson of Prime Minister, Vladimir Putin, says.

Business » Energy | March 17, 2011, Thursday // 12:29 | Viewed: 2437

Bulgarian Govt Snubs Rosatom's Price Offer for Belene NPP

Bulgaria does not accept the Russian offer of EUR 6.3 B for the construction of the Belene nuclear power plant by Rosatom's subsidiary Atomstroyexport, Economy and Energy Minister Traicho Traikov declared.

Business » Energy | March 16, 2011, Wednesday // 20:26 | Viewed: 1948

EC to Reconsider Belene NPP Project When Bulgaria Finds Investor

The European Commission has confirmed that it will reexamine the project for a second Bulgarian nuclear power plant in Belene amidst growing safety concerns generated by the crisis in Japan's Fukushima NPP.

Business » Energy | March 16, 2011, Wednesday // 19:58 | Viewed: 1572