Bulgarian Invention May Reduce Natural Gas, Heating Costs
An innovation created by a Bulgarian scientist is said to be able to make natural gas use more efficient and cut down the expenses for central heating.
Business » Energy
Enel to Sell Bulgarian TPP Stake to Russian Inter RAO
The Italian power utility Enel has negotiated with Russia's Inter RAO about possibly selling their majority stake in the Bulgarian Maritsa 3 TPP, according to Wall Street Journal.
Gazprom Will Keep Controversial Intermediaries as Strategic
Russian gas giant Gazprom's export schemes are optimal and are not to be altered, is the conclusion of a recently completed largescale internal review.
Bulgaria's Energy Watchdog Lowers Heating Prices by 5%
Bulgaria’s State Commission for energy and Water Regulation (DKEVR) has approved a price reduction of 5% for natural gas from January 1, 2011.
Serbian Eco Minister Opposes Bulgaria's Nuclear Project
Serbia's participation in the project to build a second Nuclear Power Plant in the Bulgarian Danube town of Belene is not feasible, according to Serbian Environment Minister, Oliver Dulic.
Bulgaria's Energy Watchdog to Lower Heating Prices
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) is convening behind closed doors Monday to make a final decision on natural gas and heating prices.
German Company Invests EUR 75 M in Bulgarian Wind Park
Bulgarian company IWC Bulgaria 4 owned by German Innovative Wind Concepts is planning a new wind park in the northeastern part of the country near the city of Shumen.
Gazprom to Drop Prices to Estonia, Latvia, Belarus
Gazprom has announced it plans to drop prices of natural gas sold to Estonia, Latvia and Belarus with some 15%.
Japan Snatches Deal for Turkey's 2nd Nuclear Plant from South Korea
After months of talks, Japan appears to have grabbed from South Korea a deal for the construction of a nuclear power plant in Turkey.
Russian Gazprom Starts South Stream Sea Segment Study
The Russian energy giant Gazprom is launching in the beginning of 2011 the study of the sea segment of the gas pipeline South Stream.
Finish Fortum Confirms 1% Stake of Bulgaria Nuclear Plant
The Finish energy consortium Fortum plans acquire no more than 1% in the second Bulgarian Nuclear Power Plant (NPP) to be build in the Danube town of Belene.
WikiLeaks: Bulgarian Nuclear Project Belene Reeks of Side Deals
German utility RWE abandoned plans to participate in the construction of a 2000MW nuclear plant in the Bulgarian Danube town of Belene after realizing that working with Russian and Bulgarian companies in the energy sector is a 'poisonous combination'.
CEZ Power Utility Halts Blackouts over Holidays
The Czech-owned power utility CEZ, servicing southwestern Bulgaria, is temporarily putting on hold the planned repairs which involve interruptions in electric power supply.
Bulgaria's Energy Watchdog to Further Decrease Natural Gas Price
Bulgaria's State Commission for Energy and Water Regulation will further increase the planned drop in the price of the natural gas by more than 5% starting January 2011.
New French Hydro-Power Plant Unveiled in Bulgaria
The Dzherman hydro-power plant, an investment of "Electricite de France Energies Nouvelles" (EDF EN), was formally opened in Southwestern Bulgaria on Saturday.
Bulgaria's Key Economic Ministers Diverge on Belene NPP
Bulgaria's two key ministers with economic portfolios have expressed somewhat differing views on the future of the project for the country's second nuclear power plant at Belene.
Overgas Disputes Tender Awarding Exploration Rights to Park Place Energy
The Bulgarian private natural gas supplier Overgas is disputing a tender to award exploration rights for a Bulgarian plot to Park Place Energy Corp, a North American oil and gas exploration company.
Bulgaria Announces 3 New Bids for Oil and Gas Exploration
The Bulgarian government announced Thursday three new bids for exploration for oil and gas in the northern parts of the country.
Bulgaria Might Kill Burgas-Alexandroupolis Pipeline by Not Paying Dues
Bulgaria has failed to pay the EUR 6 M that it owes as its contribution to the joint project company with Greece and Russia, which is supposed to construct the Burgas-Alexandroupolis oil pipeline.
Bulgaria to Have New Renewable Energy Act
Bulgaria's new Renewable Energy source act will be ready in two weeks, the country's Energy Minister has stated.
South Korean SDN Builds EUR 150 M Solar Park in Bulgaria
Bulgaria's economy minister will launch officially on Tuesday the construction works of a EUR 150 M, 45-megawatt solar park in central Bulgaria, near the city of Veliko Tarnovo.
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