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Business » Energy

Serbia Vows to Take Part in Bulgaria's Nuclear Plant Project

Serbia will participate in the project to build a second Nuclear Power Plant (NPP) in the Bulgarian Danube town of Belene, Prime Minister, Boyko Borisov, announced Saturday.

Business » Energy | August 7, 2010, Saturday // 13:11 | Viewed: 1996

Bulgaria, Serbia Agree on South Stream Gas Line Route

The Russian South Stream gas pipeline will pass through the town of Dimitrovgrad, Bulgaria's Prime Minister, Boyko Borisov, announced Saturday.

Business » Energy | August 7, 2010, Saturday // 12:34 | Viewed: 1878

Bulgarian Govt Grants Melrose 10 Year Gas Concession

Bulgaria's Cabinet has granted a ten-year concession for the extraction of natural gas to the UK company Melrose Resources.

Business » Energy | August 4, 2010, Wednesday // 17:25 | Viewed: 2083

Bulgaria's Energy Watchdog Head Predicts 10-15% Drop of Gas Prices

The head of the Bulgarian State Commission for Energy and Water Regulation (DKEVR) has announced that the price for natural gas may drop by 10-15% from October.

Business » Energy | August 3, 2010, Tuesday // 13:27 | Viewed: 1560

EVN Power Utility Rebuts Bulgarian Audit Results

The Austrian-owned power utility EVN had submitted written objections to the conclusions of the report of the Bulgarian State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | August 3, 2010, Tuesday // 11:05 | Viewed: 1814

Minister Hopes to Start Nabucco with Bulgaria-Turkey Pipe in 1 Year

The start of the EU-sponsored gas transit pipeline Nabucco should be given with the construction of of a gas network connection between Bulgaria and Turkey within one year, according to Economy Minister Traikov.

Business » Energy | August 2, 2010, Monday // 20:06 | Viewed: 1779

Bulgarian Govt to Go for Expanding Kozloduy NPP If Belene Fails

Bulgaria is definitely going to expand its nuclear energy capacity even if the construction of the Belene NPP fails, Economy Minister Traicho Traikov has declared.

Business » Energy | August 2, 2010, Monday // 17:23 | Viewed: 1763

Bulgaria to Receive Green Energy Funding from Norway

Norway will give Bulgaria financial support for projects focused mostly on environment and energy efficiency issues.

Business » Energy | August 2, 2010, Monday // 16:23 | Viewed: 2293

Energy Minister: AES Wants to Alter Bulgarian Legislation

American energy company AES is intentionally protracting its project for building a solar power plant near Silistra, because it wants changes introduced in Bulgaria's law on renewable energy, said Minister of Energy Traicho Traikov.

Business » Energy | July 31, 2010, Saturday // 10:39 | Viewed: 2024

Bulgaria, EVN Yet to Share Out Stakes in Hydro Project - Min

Bulgaria's economy minister has tried to assuage opposition fears over a deal that granted Austrian utility EVN a majority stake in a hydro project on the Arda river, known as Gorna Arda.

Business » Energy | July 30, 2010, Friday // 18:17 | Viewed: 1719

EU Spokesperson: South Stream Cannot Be EU Priority

The South Stream gas pipeline project cannot possibly become a priority project for the European Union said Friday Marlene Holzner, spokesperson for EU Energy Commissioner Günther Oettinger.

Business » Energy | July 30, 2010, Friday // 18:08 | Viewed: 1915

Bulgaria Socialists Alarmed over EVN Stake in Hydro Project

Bulgaria's former prime minister and Socialist leader Sergey Stanishev has slammed an agreement under which the Austrian utility EVN got a majority stake in Bulgaria hydro project on the Arda river, known as Gorna Arda.

Business » Energy | July 30, 2010, Friday // 13:48 | Viewed: 1577

Fitch Puts Bulgaria's Petrol on Rating Watch Negative

International credit agency Fitch has placed Bulgaria-based fuel distributor Petrol AD's Long-term Issuer Default Rating (IDR) of 'CC' on Rating Watch Negative (RWN).

Business » Energy | July 30, 2010, Friday // 12:57 | Viewed: 1820

Ex Bulgarian Energy Minister Escapes Prosecution

Bulgaria's former Energy Minister, Rumen Ovcharov, will not be probed by the Sofia City Appellate Prosecutor's Office over the annexes to the gas contracts signed with Russia in 2006.

Business » Energy | July 29, 2010, Thursday // 18:08 | Viewed: 1362

Bulgaria Pressed to Fork Out EUR 67 M by End-2010 for N-Plant

Bulgaria must pay by the end of the year an installment of EUR 67 M for its second nuclear power plant project, which has stalled over lack of a new investor and funding, a deputy minister has said.

Business » Energy | July 29, 2010, Thursday // 12:09 | Viewed: 1668

Melrose Finds New Natural Gas Deposits in Bulgaria

Natural gas prices in Bulgaria will go down in the fall of 2010 as a result of extraction from three new deposits discovered by UK-based company Melrose resources.

Business » Energy | July 28, 2010, Wednesday // 18:29 | Viewed: 2672

AES Plans to Construct USD 400 M Solar Power Plant in Bulgaria

AES Corp., the U.S. power producer with operations in more than two dozen countries, is keen on constructing in Bulgaria a USD 400 M solar power plant with a capacity of 80 megawatts, the American ambassador in Sofia announced.

Business » Energy | July 28, 2010, Wednesday // 11:55 | Viewed: 2791

Ex PM: Borisov Govt Stalls Burgas-Alexandroupolis Pipeline

Bulgaria is going to have to pay penalties of about EUR 0.5 B if it gives up and thus kills the Burgas-Alexandroupolis oil pipeline project, according to former PM Sergey Stanishev.

Business » Energy | July 27, 2010, Tuesday // 20:52 | Viewed: 1760

Czech Power Utility to Invest BGN 2 M in Renovation

The Czech-owned electric power utility CEZ will invest BGN 1 936 000 M in renovation of the "Metro"subfeeder, which provides electricity to the northwestern region of the Bulgaria's capital.

Business » Energy | July 27, 2010, Tuesday // 14:58 | Viewed: 1279

Bulgarian Energy Watchdog Joins Coastal Blackout Probe

The Bulgarian State Commission for Energy and Water Regulation (DKEVR) is joining the probe of the causes of the power outage that left thousands along the country's Black Sea coast without electricity.

Business » Energy | July 27, 2010, Tuesday // 14:26 | Viewed: 1478

Greek PM Vows Strong Support for Burgas-Alexandroupolis Pipe

Greek PM George Papandreou, who is on an official visit to Bulgaria, reiterated Greece's strong commitment to the completion of projected Burgas-Alexandroupolis oil pipeline.

Business » Energy | July 27, 2010, Tuesday // 13:24 | Viewed: 1511
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