Business » Energy

Fuel Prices in Bulgaria Hit New Record Highs

Gasoline rates in Bulgaria have climbed to a new record high, stoking fears of a new wave of price hikes of related commodities.

Business » Energy | July 18, 2011, Monday // 13:42 | Viewed: 1850

Lukoil Hikes Bulgaria's Fuel Prices

Fuel prices in Bulgaria has reached new highs after Lukoil Bulgaria announced new minor increases.

Business » Energy | July 17, 2011, Sunday // 18:22 | Viewed: 2207

Bulgarian Ex Interior Minister Denies Lukoil Involvement in Smuggling Schemes

Bulgarian left-wing MP Rumen Petkov has rejected allegations that Lukoil participates in smuggling schemes.

Business » Energy | July 17, 2011, Sunday // 13:55 | Viewed: 1678

Bulgartransgaz CEO Appointed Head of Nabucco Bulgaria

The newly-appointed CEO of state-owned Bulgartransgaz company, a subsidiary of Bulgargaz, Kiril Temelkov will also be in charge of the Bulgarian firm for the realization of the Nabucco gas transit pipeline.

Business » Energy | July 15, 2011, Friday // 20:19 | Viewed: 2018

South Stream, Nabucco to Be Granted Third-Party Access Exemptions – Bulgarian Energy Minister

Bulgarian Energy Minister Traicho Traikov has expressed his confidence in the fact that the South Stream gas pipeline will be granted a derogation by the European Commission on third-party access requirements.

Business » Energy | July 14, 2011, Thursday // 18:03 | Viewed: 1886

Bulgarian Customs Threaten to Revoke Lukoil Neftochim's Tax Warehouse License

Bourgas-based refinery Lukoil Neftochim may be stripped of its license allowing it to operate as a tax warehouse, according to Customs Agency head Vanyo Tanov.

Business » Energy | July 13, 2011, Wednesday // 17:13 | Viewed: 1350

Bulgarian Energy Experts Assert Safety of Shale Gas Drilling

Bulgaria, represented by the state-owned Bulgarian Energy Holding and Bulgargaz, must step up its participation in shale gas exploration and production, according to a host of local energy experts.

Business » Energy | July 13, 2011, Wednesday // 15:13 | Viewed: 1623

Bulgarian Govt Doesn't Pull the Plug on BA Oil Pipeline Yet

The Bulgarian government has approved a contribution to the Bulgarian state company for the construction of the vastly troubled Burgas-Alexandroupolis oil pipeline, which is at the bare minimum for keeping the project alive.

Business » Energy | July 13, 2011, Wednesday // 13:44 | Viewed: 1763

Canadian Company Announces Bulgarian Solar Park Investment

P2 Solar, Inc., based in Surrey, British Columbia, Canada, has announced it has executed an option agreement to develop a 7.3 MW solar power farm in Bulgaria.

Business » Energy | July 13, 2011, Wednesday // 08:39 | Viewed: 1927

German Firm Gehrlicher Completes Bulgarian Solar Plant

Gehrlicher Solar AG, a German company, has completed its first Bulgarian photovoltaic project, a 1.

Business » Energy | July 12, 2011, Tuesday // 14:54 | Viewed: 1868

Parvanov, Gul: Bulgaria, Turkey to Secure Plenty of Gas for Nabucco

Bulgaria and Turkey are going to use their contacts to secure more natural gas for the Nabucco gas than the future European gas transit pipeline needs, according to Presidents Georgi Parvanov and Abdullah Gul.

Business » Energy | July 11, 2011, Monday // 13:20 | Viewed: 2026

Bulgaria to Hold Auctions for Six Shale Gas Exploration Blocks

Bulgaria will hold auctions for a total of six shale gas exploration blocks, said Kristalina Stoykova from the Geological Institute at the Bulgarian Academy of Sciences (BAS).

Business » Energy | July 8, 2011, Friday // 13:53 | Viewed: 1905

Bulgaria Seriously Bent on Giving Up Russian Gas

Bulgaria is making definite steps to achieve a fourfold reduction in the amount of natural gas it is buying from Russia, according to an extensive publication by Russian paper Kommersant.

Business » Energy | July 7, 2011, Thursday // 14:40 | Viewed: 2642

Bulgarian Antitrust Watchdog Slaps Fines over Maritsa East 2 TPP Eco Upgrade

Bulgaria's Commission on Protection of Competition (CPC) has fined three companies which participated in the construction of desulphurisation installations at the state-owned thermal power plant Maritsa East 2.

Business » Energy | July 6, 2011, Wednesday // 17:36 | Viewed: 2211

Bulgaria Set to Benefit Big from Newly-Found Natural Gas Deposit

A newly-discovered natural gas deposit near Lovech in Northern Bulgaria contains 10 billion cubic meters of gas, Bulgaria's Minister of Economy, Energy, and Tourism announced.

Business » Energy | July 5, 2011, Tuesday // 20:33 | Viewed: 3614

Toshiba Inches towards Massive Bulgarian Investment with Carbon Capture Study

Toshiba is going to perform a feasibility study for the construction of a coal-fired thermal power plant in Bulgaria that will feature carbon capture and storage facilities (CCS), the Japanese company has announced.

Business » Energy | July 5, 2011, Tuesday // 19:02 | Viewed: 2808

Bulgaria, Russia Extend Belene NPP Deal by 3 Months, Russian Funding Mulled

Bulgaria's National Electric Company NEK and Russia's Atomstroyexport, a subsidiary of Rosatom, have signed an annex extending by 3 months their contract for the construction of the Belene NPP, which should become the second Bulgarian nuclear power plant.

Business » Energy | July 2, 2011, Saturday // 12:59 | Viewed: 2193

Russia 'Insulted' by Bulgaria's Treatment over BA Oil Pipeline

Russian oil pipeline operator Transneft will soon consider if it is still expedient to attempt further cooperation with Bulgaria on the trans-Balkan Burgas-Alexandroupolis oil pipeline project, Transneft President Nikolai Tokarev said on Friday.

Business » Energy | July 1, 2011, Friday // 21:00 | Viewed: 2327

France Bans Controversial Shale Gas Technology

 France became the first country in the world to ban the production of shale gas through the so-called hydraulic fracturing, lawmakers give the final vote on new piece of legislation.

Business » Energy | July 1, 2011, Friday // 16:10 | Viewed: 1949

Bulgarian-German Firm BCI to Invest EUR 200 M in Bulgarian Solar Park

Bulgarian-German company BCI OOD is going to invest over EUR 200 M in a photovoltaic park in the Kazanlak Municipality in Central Bulgaria.

Business » Energy | June 30, 2011, Thursday // 18:24 | Viewed: 2907

Bulgaria, Russia Agree on Nuclear Project Delay

Bulgaria and Russia have agreed to extend the negotiations over Belene nuclear project by another three months as of July.

Business » Energy | June 30, 2011, Thursday // 09:54 | Viewed: 1683