Bulgarian Protesters Rise against High Fuel Prices
Protests took place in a number of Bulgarian cities on Sunday against high fuel prices in the country.
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Business » Energy
Bulgaria, Israel to Join Forces on Mediterranean Gas Deposits
Bulgaria and Israel are considering a new field of cooperation – gas supplies from the newly-found natural gas deposits in the Eastern Mediterranean, Bulgaria's Foreign Minister Nikolay Mladenov indicated after meeting with his Israeli counterpart Avigdor
Lukoil Strikes Back at Bulgarian Rightist Leader
Fuel distributor Lukoil Bulgaria has risen against accusations of monopoly abuse voiced by former Prime Minister and rightist leader Ivan Kostov.
Lukoil Reduces Retail, Wholesale Fuel Prices in Bulgaria
Starting Thursday, diesel prices at filling stations of Lukoil Bulgaria are down by an average BGN 0.05 to BGN 2.65 per liter, the company said in a statement.
Bulgaria to Learn Next Gas Supply Tariffs in 2 Months
The Bulgarian government has started talks with Russian state-owned energy giant Gazprom for a reduction of prices stipulated in the existing gas supply contracts, according to Traicho Traikov, Minister of Economy, Energy and Tourism.
Every Other Bulgarian in Favor of Belene NPP - Poll
A total of 51% of 1002 Bulgarian responders are in favor of the Belene Nuclear Power Plant being constructed in the country, according to a poll conducted by BBSS Gallup International .
Bulgarian Rightists Slam Anti-Trust Watchdog for Inefficient Fuel Sector Policy
Ivan Kostov, Co-Chair of the rightist Blue Coalition, has called for the resignation of the management of the Commission on Protection of Competition (KZK) over the watchdog's failure to protect Bulgarian consumers"
Russian Gazprom CEO Arrives in Sofia
The CEO of Russian natural gas giant Gazprom, Alexei Miller, is arriving in Sofia Wednesday.
Bulgaria Confirms Up to 25% in Energy Holding Up for Sale
Bulgaria's government plans to privatize this year a minority stake in the state-owned energy holding, which groups the country's top energy assets, the finance minister has confirmed.
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.
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.
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
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.
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.
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.
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.
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).
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.
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%.
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.
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.
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