Business » Energy

Areva, Westinghouse, WorleyParsons May Vie for Bulgaria's N-Plant Stress Test

Ten companies, associations and research institutes have been invited to compete for preparing the stress tests at Bulgaria's sole nuclear plant at Kozloduy, it emerged on Tuesday.

Business » Energy | June 28, 2011, Tuesday // 18:48 | Viewed: 1806

Bulgaria's State-Owned Power Utility NEK Welcomes New CEO

Mihail Andonov is the new executive director of Bulgaria's state-owned power utility NEK, Minister of Economy, Energy and Tourism Traicho Traikov announced Tuesday.

Business » Energy | June 28, 2011, Tuesday // 14:14 | Viewed: 1362

Bulgarians' Gas, Heating, Electricity Bills to Grow in July

Natural gas prices will grow by 4.7% from July and heating rates in Sofia will rise by slightly over 4%, according the the preliminary calculations of Bulgaria's State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | June 28, 2011, Tuesday // 13:22 | Viewed: 1179

Bulgarian PM Alleges of High-Rank Fraud at Start of Belene NPP

There is enough evidence that high-ranking Bulgarian officials have criminally mismanaged the Belene NPP project since its relaunch in 2006, according to Bulgarian PM Boyko Borisov.

Business » Energy | June 26, 2011, Sunday // 14:59 | Viewed: 1442

Electric Power Station Launched in Bulgarian Beach Resort

Bulgaria's Prime Minister, Boyko Borisov and Economy and Energy Minister, Traicho Traikov, are opening Saturday the first stage of the building of a new electric power substation on the Black Sea coast.

Business » Energy | June 25, 2011, Saturday // 10:03 | Viewed: 1354

Bulgaria Gives Up on Trying to Make Gas Pipe to Turkey Part of Nabucco

The Bulgarian government is no longer trying to make the future gas interconnection between Bulgaria and Turkey a section of the EU-sponsored gas transit pipeline Nabucco, Economy Minister Traikov announced.

Business » Energy | June 24, 2011, Friday // 20:04 | Viewed: 2254

Bulgaria, Russia in New Clash over Nuclear Project Delay

Much to the surprise of the government in Sofia, Russia has announced it has not been informed of Bulgaria's decision to freeze Belene nuclear project for another three months as of July.

Business » Energy | June 24, 2011, Friday // 14:11 | Viewed: 1928

Bulgarian Deputy Minister Pulls Out of Lukoil Board

The Bulgarian Deputy Transport Minister, Kamen Kichev, has decided to no longer represent the State in the Lukoil Neftohim Burgas company.

Business » Energy | June 23, 2011, Thursday // 20:53 | Viewed: 1483

Kiril Temelkov Appointed CEO of Bulgartransgaz

Kiril Temelkov is replacing Ivan Drenovichki at the post of CEO of the Bulgartransgaz company, the Bulgarian Energy Holding, BEH, announced Thursday.

Business » Energy | June 23, 2011, Thursday // 19:37 | Viewed: 1654

Azerbaijan's Natural Gas Supplies for Bulgaria Pushed Back by 3 Years

Azerbaijan is ready to provide Bulgaria with natural gas supplies as of 2014, the Bulgarian Economy Ministry announced after a meeting of the energy ministers of the two countries.

Business » Energy | June 23, 2011, Thursday // 18:59 | Viewed: 2068

Bulgarian Energy Holding Ousts Bulgartransgaz CEO

Ivan Drenovichki, executive director of Bulgartransgaz, was removed from the position one year and a half after taking office, the Bulgarian Energy Holding (BEH) said in a statement.

Business » Energy | June 23, 2011, Thursday // 13:55 | Viewed: 1603

Burgas-Alexandroupolis Oil Pipeline Gets Further 2-Month Delay

The highly controversial project for the construction of the Burgas-Alexandroupolis oil pipeline has been delayed further as the Bulgarian Environment Ministry has returned the company’s environmental assessment report for the second time.

Business » Energy | June 23, 2011, Thursday // 09:26 | Viewed: 2644

Bulgaria Starts Decommissioning of Kozloduy NPP Units 1, 2

The first operation of the planned decommissioning of Units 1 and 2 at the Kozloduy NPP has started, the Radioactive Waste State-owned Company has announced.

Business » Energy | June 23, 2011, Thursday // 09:20 | Viewed: 1874

Bulbrokers to Broker EVN Bulgaria Stake Sale, CCBank - CEZ

Bulbrokers, a local financial and investment company, has been picked to broker Bulgaria's 33% stake sale in Austria's EVN AG unit, while Central Cooperative Bank - the same government's share in Prague-based CEZ AS unit.

Business » Energy | June 22, 2011, Wednesday // 14:43 | Viewed: 1643

Bulgarian Energy Watchdog Announces Electric Price Hike

The average price increase of electric power in Bulgaria for household consumers is going up by 1% effective July 1, 2011.

Business » Energy | June 22, 2011, Wednesday // 14:22 | Viewed: 1684

Bulgaria Stages Emergency Electricity Exports to Greece over Strike

Bulgaria's Electricity System Operator (ESO) has carried out an emergency export of electricity to Greece at the request of its Greek counterpart HTSO because of a strike at Greece's Public Power Corporation DEI.

Business » Energy | June 21, 2011, Tuesday // 17:45 | Viewed: 1477

Overgas, Bosch Join Efforts on Household Gasification in Bulgaria

Bulgaria's gas distribution company Overgas has signed a contract with Germany's Bosch for mutual cooperation in the sphere of household gasification.

Business » Energy | June 21, 2011, Tuesday // 13:01 | Viewed: 1210

Bulgarian Energy Watchdog Proposes 4% Gas Price Increase

The price of natural gas in Bulgaria should go up by slightly over 4%, announced Tuesday Angel Semerdzhiev, head of the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | June 21, 2011, Tuesday // 12:15 | Viewed: 1245

Russian Media: Bulgaria Plays Daredevil over Belene Delay

Bulgaria does not seem scared by the prospect of being taken to arbitration by the Russian contractor Rosatom as it plans to miss the July 1 deadline for signing a final agreement for the construction of Belene nuclear plant, Russian media comments.

Business » Energy | June 20, 2011, Monday // 12:31 | Viewed: 1954

Bulgaria Wants to Freeze Belene Nuclear Project Again

Bulgaria has demanded that Belene nuclear project is frozen for another three months as of July, the energy and economy minister announced on Friday.

Business » Energy | June 17, 2011, Friday // 11:37 | Viewed: 2362

5 Bidders Seek to Broker CEZ Bulgaria Stake Sale, 7 – EVN

Five financial companies have submitted bids to broker Bulgaria's 33% stake sale in Prague-based CEZ AS unit, while seven – the same government's share in Austria's EVN AG, the country's sale body said.

Business » Energy | June 16, 2011, Thursday // 19:29 | Viewed: 1653