Business » Energy

Bulgaria Invites Toshiba to Invest in Belene Site

Bulgaria's parliamentary speaker Tsetska Tsacheva has invited Japanese company Toshiba to invest in building a new energy facility on the site of the scrapped Belene nuclear power plant.

Business » Energy | April 10, 2012, Tuesday // 16:52 | Viewed: 1357

Bulgaria to Seal Gas Contract with Russia by End of Summer

Delyan Dobrev, Minister of Economy, Energy and Tourism, has suggested that the new gas contract between Bulgaria and Russia should be signed by the end of the summer.

Business » Energy | April 10, 2012, Tuesday // 16:42 | Viewed: 1301

Bulgarian Fuel Experts Rule Out Rocket High Gasoline Prices

Valentin Kanev, Chair of the Balkan and Black Sea Petroleum and Gas Association, has termed forecasts about growing gasoline prices as exaggerated.

Business » Energy | April 10, 2012, Tuesday // 15:24 | Viewed: 1103

Bulgaria to Complete Northeastern Gas Pipeline in 2013

Bulgaria is to start building a natural gas supply pipeline to the northeastern city of Silistra in the fall of 2012, Kiril Temelkov, CEO of state company Bulgartransgaz, announced Monday.

Business » Energy | April 9, 2012, Monday // 20:40 | Viewed: 1565

Bulgarian PM Hints of Large Conventional Gas Deposits

Exploration, research and surveys in Bulgaria have shown that the country has sufficient reserves and deposits of what it needs to solve the issue with skyrocketing gasoline prices, and it is not shale gas.

Business » Energy | April 9, 2012, Monday // 10:36 | Viewed: 1326

FinMin: Bulgaria Could Use Fuel Reserve to Tame Prices

Using the state's fuel reserve might be the best option for keeping down fuel prices in Bulgaria, according to Bulgarian Minister of Finance Simeon Djankov.

Business » Energy | April 7, 2012, Saturday // 19:27 | Viewed: 982

Hundreds Rally in Support of Scrapped Bulgarian Belene NPP

Around 500 people gathered Saturday in protest against the recent giving up of the Belene NPP project by the Bulgarian government.

Business » Energy | April 7, 2012, Saturday // 17:58 | Viewed: 919

Russia Plans to Revive 'Frozen' Trans-Balkan Pipe

Russian oil company Transneft has not given up the Burgas-Alexandroupolis oil pipeline and plans to return to the project in the future.

Business » Energy | April 7, 2012, Saturday // 11:08 | Viewed: 2655

Bulgarian Left-Wing Leader Vows to Revive Killed Belene N-Plant

Left-wing Bulgarian Socialist Party (BSP) will resume the Belene Nuclear Power Plant project if it enters the next government, the party's leader Sergey Stanishev has stated.

Business » Energy | April 6, 2012, Friday // 16:40 | Viewed: 1027

Bulgaria Energy Minister Mulls Removal of Biofuel Component

Commenting on measures to tackle climbing fuel prices, Economy and Energy Minister Delyan Dobrev said in Parliament that the removal of the bio component from diesel would lead to a BGN 0.5 price cut

Business » Energy | April 6, 2012, Friday // 13:48 | Viewed: 1579

Lukoil Bulgaria CEO: We Are Ready to Switch to Zero-Profit Regime

Lukoil Bulgaria CEO Valentin Zlatev has vowed that the company is ready to work at a zero profit in the case of a dramatic spike in fuel prices.

Business » Energy | April 5, 2012, Thursday // 19:47 | Viewed: 1818

MEPs Divided on Shale Gas Research, Drafts Show

EU lawmakers are divided on the topic of shale gas research in the bloc, according to two draft reports – those of the committees on energy and the environment.

Business » Energy | April 5, 2012, Thursday // 16:55 | Viewed: 1012

Bulgarian Customs Agency Head Suggests Capping Lukoil's Stake in Public Procurement

Customs Agency head Vanyo Tanov has recommended the adoption of clear and exact rules and the prevention of monopolistic practices in public procurement as the right steps to ensure lower prices of fuels.

Business » Energy | April 5, 2012, Thursday // 15:09 | Viewed: 768

Bulgarian Far-Right Joins Calls for Belene N-Plant Referendum

Volen Siderov, leader of the far-right Bulgarian Ataka (Attack) party, wants a referendum to be called on the fate of the Belene Nuclear Power Plant, a project recently abandoned by the cvountry's government.

Business » Energy | April 5, 2012, Thursday // 12:11 | Viewed: 703

Russian Media: US Made Bulgaria Drop N-Plant!

Bulgaria's recent decision to quit the Belene Nuclear Power Plant project was made under US pressure, according to an article published in the Russian Nezavisimaya Gazeta.

Business » Energy | April 5, 2012, Thursday // 11:38 | Viewed: 1343

President Labels Bulgaria 'Champion of Energy Wasting'

Bulgaria is the European champion in wasting energy, according to President, Rosen Plevneliev.

Business » Energy | April 5, 2012, Thursday // 11:06 | Viewed: 843

Bulgaria's Oil Oligarch Admits to Excessive Fuel Prices

The General Director of Lukoil Bulgaria Valentin Zlatev, known as one of the top Bulgarian oligarchs, has admitted that fuel prices in the country are way too high.

Business » Energy | April 4, 2012, Wednesday // 20:08 | Viewed: 1404

Bulgarian Govt Gears Up for Vote on Unit 7 of Kozloduy NPP

The government is to vote next week on the decision to build a seventh unit at the Kozloduy NPP, according to Valentin Nikolov, Deputy Minister of Economy, Energy and Tourism.

Business » Energy | April 4, 2012, Wednesday // 16:45 | Viewed: 864

Bulgaria's Belene Town Wants Its Nuclear Plant Back

The town of Belene on the Danube River has vehemently opposed the government's decision to abandon plans to build a nuclear power plant near it.

Business » Energy | April 4, 2012, Wednesday // 14:31 | Viewed: 718

Bulgarian Govt to Declare Nabucco Pipeline National Priority

The government will vote Wednesday on a proposal to declare the Bulgarian stretch of the Nabucco gas pipeline a national priority.

Business » Energy | April 4, 2012, Wednesday // 12:15 | Viewed: 27355

Chevron to Convince Romania Shale Gas is 'Clean'

US energy giant Chevron has issued a statement saying it will embark on a campaign to convince that exploration and production of shale gas is environmentally safe.

Business » Energy | April 3, 2012, Tuesday // 19:54 | Viewed: 1140
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