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Business » Energy

Bulgarian Govt Proceeds with Shutdown of Tycoon's Thermal Plant

The Bulgarian authorities closed down two more units of the troubled thermal power plant Brikel owned by controversial energy tycoon Hristo Kovachki.

Business » Energy | December 1, 2010, Wednesday // 15:54 | Viewed: 1532

Bulgarian PM Threatens International Scandal over RWE Rumors

The project to build a second Nuclear Power Plant in Bulgaria's Danube town of Belene was not delayed one bit by the cabinet of the Citizens for European Development of Bulgaria (GERB) party.

Business » Energy | December 1, 2010, Wednesday // 13:02 | Viewed: 1895

Finnish Fortum Committed to Just 1% of Bulgarian Belene NPP

At the time being Finnish energy company Fortum is only committed to 1% of the project company for Bulgarian Belene NPP, Fortum Executive Vice President Anne Brunila told Novinite.com (Sofia News Agency).

Business » Energy | November 30, 2010, Tuesday // 21:07 | Viewed: 1550

Bulgaria, Russia, Third Parties Strike Crucial Deal on Belene NPP

Bulgaria, Russia and third parties signed crucial memorandums on the creation of a company to construct the Belene NPP, committing to the project whose fate was not clear up to now.

Business » Energy | November 30, 2010, Tuesday // 20:25 | Viewed: 2315

Bulgaria, Greece to Have Full Gas Interconnection 2013

Bulgaria and Greece have signed Tuesday a contract for interconnection of their natural gas networks that must be built by 2013, announced Bulgarian Minister of Energy Traicho Traikov.

Business » Energy | November 30, 2010, Tuesday // 19:10 | Viewed: 1956

Bulgarian Right Wing Leader Firm against NPP Project

The project to build a second Nuclear Power Plant (NPP) in Bulgaria's Danube town of Belene does not have a life on its own, the right-wing leader Ivan Kostov declared

Business » Energy | November 30, 2010, Tuesday // 17:06 | Viewed: 1363

Bulgaria, Romania to Build Natural Gas Link

Bulgaria and Romania have planned the project for the construction of an inter-system link for the transfer of natural gas in the section Ruse-Giurgiu.

Business » Energy | November 30, 2010, Tuesday // 14:27 | Viewed: 1355

Finnish, French Companies Interested in Belene NPP

Finnish state-owned Fortum and French consulting firm Altran Technologies are the two companies which are willing to participate in the building of the Belene Nuclear Power Plant in Bulgaria.

Business » Energy | November 30, 2010, Tuesday // 13:41 | Viewed: 1377

Bulgarian PM 'Doubtful' about European 'Nabucco' Gas Line

A bank guarantee for Bulgaria in order to participate in the project to build the "Nabucco" gas pipeline would lead to over deficit, Prime Minister, Boyko Borisov, says.

Business » Energy | November 30, 2010, Tuesday // 13:32 | Viewed: 1448

Rosatom CEO Admits Mistake on Bulgaria's Belene NPP

Bulgaria and Russia have made a mistake by not specifying the exact raise of cost for the construction of the Belene nuclear power plant, the CEO of the Russian state nuclear energy company Rosatom has announced.

Business » Energy | November 30, 2010, Tuesday // 13:28 | Viewed: 1248

Rosatom Spokesman: Kiriyenko Refuses Comment on Bulgarian PM Words

The CEO of the Russian state nuclear energy company Rosatom, Sergey Kiriyenko, will not comment on anybody's statements, the company spokesperson, Sergey Novikov, said.

Business » Energy | November 30, 2010, Tuesday // 12:46 | Viewed: 1147

Rosatom Claims Ready to Provide Fuel for Bulgaria's Belene NPP

Russian state nuclear energy company Rosatom has announced it was ready to provide nuclear fuel for Bulgaria's Belene nuclear power plant for the whole period of its exploitation, which is 60 years.

Business » Energy | November 30, 2010, Tuesday // 11:20 | Viewed: 1453

Bulgaria's PM Urges Rosatom CEO to Admit Misleading on Belene NPP Price

Bulgaria will not give any more money for the Belene nuclear power plant, Bulgaria's PM Boyko Borisov has announced.

Business » Energy | November 30, 2010, Tuesday // 10:40 | Viewed: 1131

Bulgarian Energy Minister: Not Fatal to Scrap Belene NPP

Bulgaria might after all decide to not go forward with the plan to build a second Nuclear Power Plant (NPP) in the Danube town of Belene, Energy Minister, Traicho Traikov, hinted.

Business » Energy | November 29, 2010, Monday // 13:24 | Viewed: 1375

Turkmenistan, Iran Open Key Gas Pipeline

The presidents of Turkmenistan and Iran, Gurbanguly Berdimuhamedov and Mahmoud Ahmadinejad, launched Sunday the new Hangeran-Sangbast natural gas pipeline.

Business » Energy | November 28, 2010, Sunday // 18:46 | Viewed: 1702

Bulgaria to Float Minority Stake in E.ON Utility in 2-3 Months

Bulgaria's government will list in two or three months its 33% minority stake in E.ON, one of the three power distributors in the country, to enliven the local stock exchange and boost revenues, the finance minister announced.

Business » Energy | November 27, 2010, Saturday // 09:33 | Viewed: 1659

Bulgarian Renewable Energy Law to Determine Fate of Major AES Investment

American energy giant AES is expecting the adoption of Bulgaria's law on renewable energy in order to go ahead with its planned major solar park investment, AES Country Manager for Bulgaria Peter Lithgow told Novinite.com (Sofia News Agency).

Business » Energy | November 26, 2010, Friday // 21:12 | Viewed: 2935

Bulgarian PM Borisov Gets 'Tougher' with Russia on Belene NPP

Bulgaria will not succumb to the Russian demand to decide whether it will the building of the Belene Nuclear Power Plant by the spring, according to Bulgarian PM Boyko Borisov.

Business » Energy | November 26, 2010, Friday // 15:56 | Viewed: 1813

Rosatom Head: Russia Wants 30% of Bulgaria's Belene NPP

Bulgaria has time until the spring to decide on its participation in the Belene Nuclear Power Plant and sign a contract with Russia for the creation of a project campaign, Sergey Kiriyenko, CEO of the Russian state nuclear energy corporation Rosatom, said

Business » Energy | November 26, 2010, Friday // 09:02 | Viewed: 1625

6 New Tenders for Natural Gas Exploration in Bulgaria Imminent

The Bulgarian government is planning 6 new bids for gas exploration in the near future, as Diana Yaneva from the Ministry of Economy has told Novinite.com (Sofia News Agency).

Business » Energy | November 25, 2010, Thursday // 20:40 | Viewed: 2045

Major Companies Find Bulgarian Black Sea Oil Bid Unattractive

Major oil companies such as Total and Anadarko did not find the bid to explore for oil in the Bulgarian Black Sea attractive, Diana Yaneva from the economy ministry told Novinite.com (Sofia News Agency).

Business » Energy | November 25, 2010, Thursday // 20:32 | Viewed: 1867