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Business » Energy

Belarus Sets Ultimatum, Threatens to Stop Gas Transit Again

The gas dispute between Russia and Belarus is not over with the announcement earlier today that Gazprom will resume delivery to Belarus, according to sources from both countries.

Business » Energy | June 24, 2010, Thursday // 11:45 | Viewed: 1299

Bulgarian Tax Authorities Raid Power Utilities

Bulgarian tax authorities are under way of making checks of electrical power utilities in the country, according to information by Bulgaria's Finance Minister Simeon Djankov, quoted by BGNES news agency.

Business » Energy | June 24, 2010, Thursday // 11:33 | Viewed: 1340

Bulgarian Development Minister Discreetly Backs Power Utilities

The Bulgarian energy market should be radically liberalized and not governed by an overarching state regulator, according to Bulgarian minister of regional development Rosen Plevneliev.

Business » Energy | June 24, 2010, Thursday // 10:46 | Viewed: 1283

Gazprom Resumes Gas Deliveries to Belarus

Russia will imminently resume gas delivery to Belarus in their full volume, according to Gazprom's CEO Aleksei Miller.

Business » Energy | June 24, 2010, Thursday // 10:25 | Viewed: 1002

Bulgaria's Bulgargaz Supplier Firm on 30% Gas Price Hike

The Director of Bulgargaz, Bulgaria's State gas supplier, Dimitar Gogov, explains the 30% hike of gas prices with their previous artificial reduction by the cabinet.

Business » Energy | June 23, 2010, Wednesday // 14:29 | Viewed: 1326

Russia Tones Down South Stream Tirade against Bulgaria

Russia has softened its threats to change the course of the South Stream gas pipeline project to exclude Bulgaria, saying that the country and its northern neighbor Romania can be equal partners.

Business » Energy | June 23, 2010, Wednesday // 12:32 | Viewed: 1674

Bulgarian Energy Watchdog Puts Gas Prices on Public Discussion

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) will subject to public discussion Wednesday the gas price hike expected on July 1.

Business » Energy | June 23, 2010, Wednesday // 09:32 | Viewed: 1178

Russia Vows to Deliver Contracted Gas to Europe despite Belarus

The Russian monopoly Gazprom is checking options to compensate for the reduced gas supply to Europe coming via Belarus.

Business » Energy | June 23, 2010, Wednesday // 08:14 | Viewed: 1294

Bulgarian Energy Minister Discreetly Backs Power Utilities

Bulgaria's Economy and Energy Minister, Traicho Traikov, defended Monday the outsourcing of services by the three foreign -owned electric power utilities in Bulgaria.

Business » Energy | June 22, 2010, Tuesday // 19:10 | Viewed: 1586

CEZ Power Utility Refute Bulgaria Energy Watchdog Audit

The Czech-owned electric power utility in Bulgaria, CEZ, is operating in the country in full compliance with the regulations of the State energy watchdog, according to the company.

Business » Energy | June 22, 2010, Tuesday // 18:19 | Viewed: 1547

Calls for Resignation of Bulgaria Energy Mega Structure Head

Bulgaria's former prime minister and Socialist leader has called for the resignation of the head of a mega-structure, which groups all big state-owned energy firms, citing clash of interests.

Business » Energy | June 22, 2010, Tuesday // 17:01 | Viewed: 1415

Bulgarian Right Wing Demand Full Probe of Socialist 'Energy Mafia'

Bulgaria's right-wing Union of Democratic Forces (UDF) demand a full probe of all State funds spent on the project to build a second Nuclear Power Plant (NPP) in the Danube town of Belene.

Business » Energy | June 22, 2010, Tuesday // 15:24 | Viewed: 1544

Greece Plans to Reanimate Burgas-Alexandroupolis Oil Pipeline

Greece is planning a diplomatic initiative in order to "revive" the stalled Burgas-Alexandroupolis oil pipeline project in which it is a partner country together with Bulgaria and Russia.

Business » Energy | June 22, 2010, Tuesday // 14:37 | Viewed: 1686

Belarus Halts Transit of Russian Gas

The President of Belarus, Alexandr Lukashenko, had ordered his cabinet to stop the transit of Russian gas through the country's territory.

Business » Energy | June 22, 2010, Tuesday // 14:21 | Viewed: 1456

Arm-Twisting Russia Ties South Stream with Bulgaria's Belene

Russia has threatened to change the course of the South Stream gas pipeline project to exclude Bulgaria, the president of gas monopoly Gazprom has said.

Business » Energy | June 22, 2010, Tuesday // 11:25 | Viewed: 2152

Staff Reduction Looms for Bulgaria's Energy Watchdog

Bulgaria's Economy and Energy Minister, Traicho Traikov, announced Monday significant personnel changes are forthcoming at the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | June 21, 2010, Monday // 15:37 | Viewed: 1373

Bulgaria Ex PM: Govt Wants to Bury All Russian Energy Projects

Bulgaria's former Socialist prime minister has harshly criticized the current center-right government for "deliberately aiming to bring to a close" all large-scale energy project with Russian participation.

Business » Energy | June 21, 2010, Monday // 11:14 | Viewed: 1424

Bulgaria's Ex EconMin Foresees Energy War with Russia

The former Bulgarian Economy Minister, Petar Dimitrov, believes the country is heading to an energy war with Russia.

Business » Energy | June 20, 2010, Sunday // 21:26 | Viewed: 2096

Bulgarian PM 'Under Huge Pressure' for Auditing Power Utilities

Lobbying circles in Bulgaria and Europe are exerting enormous pressure on Bulgarian Prime Minister Boyko Borisov over the auditing of power utilities, in Borisov's own words.

Business » Energy | June 20, 2010, Sunday // 17:25 | Viewed: 1842

Bulgaria Sees Smaller Electricity Price Hike at Utilities' Expense

The electricity price in Bulgaria will be increased by 2% as of July 1, instead of the planned 5%, the head of the State Commission for Energy and Water Regulation announced (DKEVR).

Business » Energy | June 20, 2010, Sunday // 17:00 | Viewed: 1359

Audit Report Reveals Violations, Improvements by Bulgaria's Power Utilities

Bulgaria's three power utilities – German-owned E.ON, Czech-owned CEZ, and Austrian-owned EVN – have committed serious violations when outsourcing their services, according to state commission report.

Business » Energy | June 20, 2010, Sunday // 16:11 | Viewed: 2118
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