Business » Energy

Bulgaria's Borisov Ruins Gazprom's Geopolitical Stand - Russian Expert

The geopolitical situation for Russia and its energy giant Gazprom in the Black Sea region deteriorated sharply after Boyko Borisov became Bulgaria's PM, according to a Russian paper.

Business » Energy | November 1, 2010, Monday // 19:40 | Viewed: 2169

Bulgaria Faces Up to EUR 2.5 B Cost Escalation for Belene NPP

An escalation of the cost of Belene NPP between EUR 0.5 B and 2.5 B is being negotiated between the Bulgarian government and Russian company Atomstroyexport.

Business » Energy | October 28, 2010, Thursday // 17:25 | Viewed: 1222

Bulgaria Reshuffles State Energy, Water Regulator

Bulgaria's Cabinet has replaced all but two of the members of the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | October 27, 2010, Wednesday // 19:42 | Viewed: 1370

Bavaria Confirms Interest in Bulgaria's Belene NPP

An investor from the German free province of Bavaria has stated interest in Bulgaria's project to build a second Nuclear Power Plant (NPP) in the Danube town of Belene, a high-ranking official with the Bavarian Economy Ministry confirms.

Business » Energy | October 27, 2010, Wednesday // 14:15 | Viewed: 1599

Russia's Gazprom Refutes Lower Gas Prices 'Talk'

The Russian energy giant "Gazprom" does not plan to lower gas prices for Bulgaria any further, the Head of the company's International Business Department, Stanislav Tsigankov, says.

Business » Energy | October 26, 2010, Tuesday // 15:45 | Viewed: 1723

Ukraine Wants Joint Gas Company with Russia, EU

Ukraine has offered the establishment of a three-way joint company with Russia and the EU to guarantee the trade of natural gas supplies.

Business » Energy | October 25, 2010, Monday // 21:06 | Viewed: 1486

Siemens Likely Strategic Investor in Bulgaria's Belene NPP

German company Siemens is most likely the new strategic investor in Bulgaria's Belene nuclear power plant, sources said.

Business » Energy | October 25, 2010, Monday // 19:27 | Viewed: 2261

German Company to Join Scramble for South Stream Stakes

A senior Gazprom official has declared that a German company will become a shareholder of the South Stream gas transit pipeline together with the Rusisan energy giant, Italy's Eni, and France's EDF.

Business » Energy | October 25, 2010, Monday // 18:54 | Viewed: 1268

Borisov Throws Cold Water on Russia, Greece over Oil Pipe

Bulgaria's Prime Minister Borisov has made it clear that there is hardly anyway that the Burgas-Alexandroupolis oil pipeline will be built, reacting to an initiative for a joint position on part of the other participants, Russia and Greece.

Business » Energy | October 25, 2010, Monday // 17:41 | Viewed: 2128

Borisov Confirms Bulgaria Got German Investor for Belene NPP

Bulgaria has found a strategic foreign investor for the construction of its second nuclear power plant at Belene, Prime Minister Boyko Borisov made it clear Monday.

Business » Energy | October 25, 2010, Monday // 16:22 | Viewed: 1951

Russia 'Respects' Bulgaria's Stand on Burgas-Alexandroupolis

Russia fully respects the position of the Bulgarian cabinet regarding the oil line Burgas-Alexadroupolis, Russian Energy Minister, Sergey Shmatko, stated Monday.

Business » Energy | October 25, 2010, Monday // 13:06 | Viewed: 1313

BGN 7 M Worth of Electricity Stolen in Western Bulgaria

Electricity worth BGN 7 M was stolen in Western Bulgaria in the first 7 months of 2010, power utility CEZ announced.

Business » Energy | October 24, 2010, Sunday // 19:23 | Viewed: 1375

US Ambassador Questions Feasibility of Belene Nuclear Plant

US Ambassador James Warlick has expressed misgivings about the feasibility of Bulgaria's planned second nuclear plant at Belene.

Business » Energy | October 24, 2010, Sunday // 17:42 | Viewed: 2133

Bulgaria Secures German Investor for Belene Nuclear Plant

Bulgarian will for sure build its second nuclear power plant at Belene, Parliament Chair Tsetska Tsacheva has declared.

Business » Energy | October 24, 2010, Sunday // 15:51 | Viewed: 2340

Russia's Mechel Acquires 100% in Bulgaria's Russe Heating Utility

Bulgaria's competition watchdog said it would allow Russian mining and steel conglomerate Mechel to buy out 51% of the shares it does not own yet in the heating and power plant in the town of Russe from Slovenia's Holding Slovenske Elektrarne.

Business » Energy | October 24, 2010, Sunday // 15:42 | Viewed: 1686

Bulgaria's Nuclear Plant Back in Business by November 6

The spare parts needed by Bulgaria's Nuclear Power Plant (NPP) Kozloduy arrived in Bulgaria overnight with an IL-16 aircraft of the "Volga-Dnepr" airline, the Bulgarian National Radio, BNR, reports Saturday.

Business » Energy | October 23, 2010, Saturday // 13:31 | Viewed: 1728

Gazprom, Bulgaria Sign 'South Stream' Agreement

The Russian Gazprom and the Bulgarian Energy Holding (BEH) have signed an agreement for the execution of the technology and economy validation of the Bulgarian segment of the South Stream gas pipe line.

Business » Energy | October 23, 2010, Saturday // 12:36 | Viewed: 1917

Bulgaria's Energy Minister Optimistic on Nuclear Plant Investor

Bulgaria's Economy and Energy Minister, Traicho Traikov, voices strong optimism that the government would find another investor for the project to build a second Nuclear Power Plant (NPP) in the Danube town of Belene.

Business » Energy | October 23, 2010, Saturday // 12:09 | Viewed: 1558

Enel to Sell Bulgarian TPP by 2010 End - Report

Russia's state energy company Inter RAO will most likely pay EUR 600 M to Italy's Enel SpA for a majority stake in Bulgaria's Maritsa East 3 coal-fired power plan, according to reports.

Business » Energy | October 22, 2010, Friday // 19:52 | Viewed: 1852

Russia Writes Off Nabucco Pipeline

The US and EU-sponsored gas transit pipeline project Nabucco has no future, according to Russian Deputy Prime Minister Igor Sechin.

Business » Energy | October 22, 2010, Friday // 19:23 | Viewed: 2355

Bulgaria, Alpine Bau Stike Deal on Problematic Hydro-Power Plant

Bulgaria's National Electric Company NEK and Austrian construction company Alpine Bau sealed a deal under which the latter agreed to knock EUR 10 M off the price of the project.

Business » Energy | October 22, 2010, Friday // 19:07 | Viewed: 2085