Business » Energy

Russians Already Building Reactor Vessel for Bulgaria’s Belene NPP

Russia's Izhorskiye Zavody, part of OMZ Group, has launched check assemble of the reactor vessel VVER-1000 for the first energy unit at Bulgaria's Belene NPP, even though Bulgaria is yet to say officially whether it wants the power plant.

Business » Energy | February 22, 2012, Wednesday // 19:45 | Viewed: 2745

OMV, Exxon Stumble Upon Huge Gas Find in Romania

ExxonMobil Exploration and Production Romania Ltd. and OMV Petrom SA have made a potentially significant gas discovery in the Black Sea, offshore of Romania.

Business » Energy | February 22, 2012, Wednesday // 16:33 | Viewed: 2563

Lukoil Bulgaria to Present Detailed Report on Fuel Pricing Policy

Triggered by numerous queries, fuel distributor Lukoil Bulgaria has vowed to present a report with detailed information about the fluctuation of fuel prices over the past 5 years, the pricing principles and the factors influencing fuel prices on the local

Business » Energy | February 21, 2012, Tuesday // 16:22 | Viewed: 1515

Bulgaria Renews Electricity Exports

Bulgaria renewed its electricity exports early on Tuesday after it recently stopped them due to the severe winter conditions in the country and worries of blackouts.

Business » Energy | February 21, 2012, Tuesday // 08:30 | Viewed: 1722

Bulgaria Must Negotiate Gas Price Cut with Gazprom – Right-Wing MP

The right-wing Democrats for a Strong Bulgaria (DSB) party have demanded that the government immediately start talks with Russia's Gazprom to renegotiate the terms of the gas supply contract.

Business » Energy | February 20, 2012, Monday // 15:42 | Viewed: 1680

Consortium Seeks to Downsize Nabucco Pipeline - Report

The Nabucco consortium is considering downsizing the eponymous natural gas pipeline to roughly the half of its capacity and proposing that it would only run between Bulgaria and Austria, a report says.

Business » Energy | February 20, 2012, Monday // 15:29 | Viewed: 2037

Fuel Prices in Bulgaria Hit New Record High

Fuel prices in Bulgaria have climbed to a new record high amid an oil price spike on international markets triggered by the escalation of a dispute over Iran’s nuclear program.

Business » Energy | February 20, 2012, Monday // 13:52 | Viewed: 3510

Bulgaria Inspects 500 Dams, Discovers 14 Dangerous

A total of 500 dams have been inspected by Bulgarian authorities over the past days, with 14 of them deemed potentially dangerous, according to Mihail Andonov, head of the country's national power grid operator (NEK).

Business » Energy | February 19, 2012, Sunday // 16:58 | Viewed: 1774

Bulgaria to Renew Electricity Exports Tuesday

Bulgaria is set to renew on Tuesday its electricity exports that it stopped due to the severe winter conditions in the country.

Business » Energy | February 19, 2012, Sunday // 15:51 | Viewed: 1575

Gazprom Agrees to 10% Price Cut for Long-Term Contracts in Europe

Russian energy giant Gazprom has reduced the price of gas in its long-term contracts for European consumers by 10%.

Business » Energy | February 17, 2012, Friday // 18:28 | Viewed: 1896

E.ON, CEZ Bulgaria Units to Launch IPOs in April, May

Bulgaria's government is expected to list its 33% minority stake in E.ON and CEZ power distributors in April and May respectively in a bid to enliven the local stock exchange and boost revenues.

Business » Energy | February 17, 2012, Friday // 12:53 | Viewed: 1366

Shale Gas Debate in Bulgaria Will Be Rekindled - Energy Minister

Traicho Traikov, Minister of Economy, Energy and Tourism, has suggested that the shale gas debate in Bulgaria will resume so that society can be presented with the absolute truth about the matter.

Business » Energy | February 16, 2012, Thursday // 12:56 | Viewed: 1415

Transneft Refuses to Give Up on BA Pipeline Project

Russian company Transneft has not given up on the Burgas-Alexandroupolis oil pipeline project, the company's Deputy President Mikhail Barkov has revealed.

Business » Energy | February 15, 2012, Wednesday // 20:39 | Viewed: 1767

Bulgarian Govt Widens Scope of Watchdog Activity in Renewable Energy Sector

The Bulgarian government has widened the scope of work of the State Commission for Energy and Water Regulation (DKEVR) through amendments to the Ordinance on Licensing Energy Sector Activities in connection with the Energy from Renewable Sources Act and t

Business » Energy | February 15, 2012, Wednesday // 15:34 | Viewed: 1101

Bulgarian Experts to Set Up Movement for Energy Independence

A Movement for Energy Independence (DEN) will be established next week, the organizers of the initiative announced Tuesday at a press conference.

Business » Energy | February 14, 2012, Tuesday // 15:42 | Viewed: 2007

Bulgarian Energy Watchdog Announces Heating Price Hike

Heating prices in Bulgaria will go up on April 1 over the increase of fuel prices on global markets, the Head of the State Commission for Energy and Water Regulation, DKEVR, Angel Semerdzhiev, announced Tuesday.

Business » Energy | February 14, 2012, Tuesday // 14:20 | Viewed: 1019

China Ming Yang Group to Supply Turbines for Bulgarian Wind Parks

China Ming Yang Wind Power Group Ltd., a Guangdong-based wind turbine manufacturer, has agreed to supply machines on 125 MW of projects in Bulgaria.

Business » Energy | February 13, 2012, Monday // 15:00 | Viewed: 2672

France's Dalkia Eyes Sofia Ailing Heating Utility

France's Dalkia International has confirmed its interest in acquiring Sofia heating utility, which is in tatters after being drained to the brink of bankruptcy.

Business » Energy | February 12, 2012, Sunday // 15:29 | Viewed: 1360

Govt: Bulgaria's Electricity Balance Stabilizes as Exports Stop

Bulgaria's electricity balance has stabilized since the country stopped exporting electricity as of midnight on February 10, announced Bulgarian Minister of Economy, Energy, and Tourism Traicho Traikov.

Business » Energy | February 11, 2012, Saturday // 16:27 | Viewed: 1137

US Energy Envoy in Bulgaria Admits to Shale Gas Concerns

Prices of gas in the US are 20% from those in Bulgaria, says US Energy Envoy for Eurasia Richard Morningstar, who was on an official visit to Sofia Thursday and Friday.

Business » Energy | February 11, 2012, Saturday // 12:42 | Viewed: 1976

Bulgaria's State Gas Supplier Wants Almost 30% Price Hike

Bulgaria's state-owned gas supplier Bulgargaz has demanded that natural gas prices in the country go up by almost 27% as of April 1, 2012.

Business » Energy | February 10, 2012, Friday // 19:34 | Viewed: 1436
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