Business » Energy

Economy Minister: Both Bulgaria, Romania to Profit from South Stream

Both Bulgaria and Romania might profit from South Stream, stated Bulgarian economy minister Traicho Traikov, commenting newly emerged views that the two countries are competing for a place in the Russian-sponsored project.

Business » Energy | October 16, 2010, Saturday // 10:53 | Viewed: 1708

Minister: No Way Romania Can Squeeze Bulgaria Out of South Stream

Economy Minister Traicho Traikov believes it is practically impossible for Romania to replace Bulgaria as the major Balkan hub of the Russian gas transit pipeline South Stream.

Business » Energy | October 15, 2010, Friday // 15:22 | Viewed: 1551

Bulgaria, Russia to Set up South Stream JV by Nov 2010

Sofia and Moscow have agreed to establish a 50/50 joint venture by November this year for the building of the Bulgarian part of the Russian-led natural gas pipeline South Stream.

Business » Energy | October 15, 2010, Friday // 12:41 | Viewed: 1785

Bulgaria to Push for Lower Gas Prices during Gazprom CEO Visit

Bulgaria's government will make a new attempt to cut gas prices and sign a direct gas supply contract with Russian energy giant Gazprom during the one-day visit to Sofia of its chief executive officer Alexei Miller.

Business » Energy | October 15, 2010, Friday // 08:00 | Viewed: 1523

Gazprom Renews Threat to Swap Bulgaria for Romania in South Stream

Russian energy giant Gazprom has practically renewed its threat to replace Bulgaria with Romania as the primary transit hub of the South Stream gas pipeline.

Business » Energy | October 14, 2010, Thursday // 14:12 | Viewed: 1858

Bulgarian Power Utility CEZ Invests BGN 3 M in Winter Repairs

The Czech-owned electric power utility CEZ, servicing western Bulgaria, announces BGN 2.9 M in new investments in their network.

Business » Energy | October 14, 2010, Thursday // 12:18 | Viewed: 1436

Gazprom Prepares Romania's South Stream Accession in 2011

Russian energy company Gazprom and Romania's Transgas have signed a memorandum considered the last step before Romania formally joins the South Stream gas transit pipeline.

Business » Energy | October 13, 2010, Wednesday // 20:08 | Viewed: 1989

Bulgarian Govt to Shut Tycoon's Power Plant

Bulgaria's government is unyielding in its intention to shut down a major thermal power plant owned by energy tycoon Hristo Kovachki.

Business » Energy | October 13, 2010, Wednesday // 18:31 | Viewed: 2438

Minister: Serbia Eager to Invest in Bulgaria's Belene NPP

Serbia is eagerly expecting a formal proposal on the part of the Bulgarian government to invest in the Belene NPP project, stated Serbian Minister of Energy Petar Skundric.

Business » Energy | October 12, 2010, Tuesday // 18:56 | Viewed: 1399

Gazprom CEO Miller to Visit Bulgaria

Gazprom CEO Alexei Miller will visit Bulgaria Friday to discuss delivery of Russian natural gas and the future South Stream gas pipeline project.

Business » Energy | October 12, 2010, Tuesday // 17:01 | Viewed: 1229

Bulgaria Extends NPP Contract with Russian Atomstroyexport

Bulgaria has extended by six months the contract with Russian company Atomstroyexport for the construction of stalled Belene NPP, confirming earlier reports.

Business » Energy | October 12, 2010, Tuesday // 16:29 | Viewed: 1278

US Investor Eyes Bulgaria's Used Nuclear Fuel

There is a major US investor, interested in becoming involved in activities related to the processing of used nuclear fuel in Bulgaria, American Ambassador, James Warlick, says.

Business » Energy | October 12, 2010, Tuesday // 14:35 | Viewed: 1184

No Relief for Wind Parks as Bulgarian Watchdog Stops Power Line Tender

Bulgaria's Competition Protection Agency has terminated a tender for a new type of power line that was supposed to alleviate the insufficient transit capacity in the Northeast.

Business » Energy | October 11, 2010, Monday // 20:51 | Viewed: 2067

Russian Press: Bulgaria 'the Problematic' Country for South Stream

Bulgaria is the country which was named as problematic for the realization of the South Stream gas transit pipeline mentioned by Italian PM Berlusconi in St. Petersburg on Saturday.

Business » Energy | October 11, 2010, Monday // 16:02 | Viewed: 1908

Bulgaria to Extend N-Plant Contract with Atomstroyexport - Report

Bulgaria's contract with Russia's Atomstroyexport, commissioned to build the planned 2,000 megawatt Belene nuclear plant on the Danube River, which has stalled over lack of funding, will be extended by six months, reports say.

Business » Energy | October 10, 2010, Sunday // 20:03 | Viewed: 2071

Putin, Berlusconi Inspired by Prospects of Germany Joining South Stream

The Prime Ministers of Russia and Italy, Vladimir Putin and Silvio Berlusconi, have paved the way for German companies to join the South Stream gas transit pipeline.

Business » Energy | October 9, 2010, Saturday // 19:32 | Viewed: 2699

Mitschek: Nabucco to Get Enough Gas in 2015

The EU-sponsored gas transit pipeline Nabucco has achieved much progress so far, Reinhard Mitschek, Managing Director of Nabucco Gas Pipeline International GmbH said for (Sofia News Agency).

Business » Energy | October 8, 2010, Friday // 20:32 | Viewed: 1808

JKX Oil and Gas Abandons Well in Eastern Bulgaria

Britain's JKX Oil & Gas, the operator of the B1-Golitza license in Bulgaria, announced it has plugged and abandoned the Staro Oryahovo South R-01 exploration well in the eastern part of the country.

Business » Energy | October 8, 2010, Friday // 15:20 | Viewed: 1597

RWE: Nabucco Decision No Earlier than 2011

German utility RWE AG Friday said a decision on whether to invest in the European Union-backed Nabucco natural gas pipeline will be made only in 2011.

Business » Energy | October 8, 2010, Friday // 13:46 | Viewed: 1385

US Company Lands Permit for Shale Gas Prospecting in Bulgaria

The Bulgarian government has formally approved a 5-year concession for oil and gas prospecting in a 400 area in northeast Bulgaria for North American company Park Place Energy Corp.

Business » Energy | October 7, 2010, Thursday // 15:33 | Viewed: 2163

Inter RAO to Acquire Enel's Bulgaria Coal-Fired Plant - Report

Russia's state power trader Inter RAO has been tipped as the most likely buyer of a majority stake in Bulgaria's Maritsa East 3 coal-fired power plant, controlled by Italy's Enel SpA, according to reports.

Business » Energy | October 7, 2010, Thursday // 15:26 | Viewed: 1718
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