Gazprom Moves to Swallow Greece's DEPA
The Greek government has favorably changed privatization conditions for gas company DEPA in a procedure where the sole large bidder is Russian gas giant Gazprom.
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The Greek government has favorably changed privatization conditions for gas company DEPA in a procedure where the sole large bidder is Russian gas giant Gazprom.
Bulgaria's caretaker government proposes to have the Parliament elect the members of the State Commission for Energy and Water Regulation, DKEVR.
The electricity bills will not go up from 1 July, the National Commission of Energy and Water Regulation (DKEVR) announced.
The European Commission has released its report on the Bulgarian energy sector, making a bleak prognosis of shrinking electricity consumption due to population decline in the next 10 years.
Non-transparency in the management of State-owned companies, a widespread sense of corruption and an insufficiently independent regulator to control the entire energy system, are just some of the findings of the World Bank.
France's GDF Suez has agreed to buy around 9% in the Nabucco West gas pipeline project from Austria's OMV.
The turbo generator of unit six of Bulgaria's sole nuclear power plant, the Kozloduy NPP, was disconnected from the power grid Tuesday morning to fix a minor technical problem.
Petroceltic International has announced it might give up on natural gas explorations on the Bulgarian Black Sea coast, as it did not manage to obtain enough volume to justify commercial production.
Dublin-based oil and gas explorer Petroceltic International is to abandon an exploration well off the Bulgarian coast that failed to yield enough gas to justify commercial production.
Bulgaria's National Electric Company (NEK) paid its debt of EUR 195 M to BNP Paribas on Tuesday, the maturity date, according to Mihail Andonov, CEO of the Bulgarian Energy Holding (BEH).
The stabilization of the energy sector will not happen without legislative changes, according to caretaker Economy and Energy Minister, Asen Vasilev.
Center-right party GERB has proposed amendments to the Energy Act stipulating that the panel of the State Commission for Energy and Water Regulation (DKEVR) should be appointed by Parliament with a 2/3 majority and not by government.
Bulgaria's caretaker Prime Minister, Marin Raykov, said Wednesday that the biggest problem in the country's energy sector was the surplus production of electricity.
The governments of Austria, Hungary, Romania, Bulgaria and Turkey adopted Tuesday a joint declaration stressing the potential of Nabucco to supply the energy markets of the Western Balkans and the Visegrad group countries (Poland, Slovakia, the Czech Repu
Bulgaria has the lowest electricity prices in the EU, yet gas prices are among the highest in the EU27, according to recent data of the European Commission.
The national regulatory bodies of Austria, Hungary, Romania and Bulgaria have adopted a draft decision confirming the extension of the existing 50% exemption from EU legislation on third party access granted to Nabucco.
Bulgarians in the northeastern city of Dobrich are going to stage a new wave of protest rallies against the use of the hydraulic fracturing technology in neighboring Romania.
Caretaker Deputy Prime Minister Ekaterina Zaharieva has ordered an inspection whether the restrictions on the production of renewable energy imposed by the Electricity System Operator (ESO) are in line with Bulgarian and EU law.
Asen Vasilev, caretaker Minister of Economy, Energy and Tourism, and his Turkish counterpart Taner Yildiz have agreed on the creation of two working groups tasked with fast-tracking the main energy projects between the two countries.
State-owned gas supplier Bulgargaz has suggested that gas prices in Q3, 2013 should remain unchanged from Q2, 2013.
Bulgaria's caretaker Economy and Energy Minister Asen Vasilev and his Deputy Bozhan Stoyanov will pay a working visit to Turkey.
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