Business » Energy

Bulgarian Energy Minister Reprimands US Ambassador on Shale Gas

US ambassador to Sofia James Warlick needs to do his homework on the legal framework of exploration for natural resources in Bulgaria, according to Minister of Energy and Economy Traicho Traikov.

Business » Energy | November 9, 2010, Tuesday // 14:56 | Viewed: 1712

Bulgaria Moves to Extend Life of Kozloduy NPP

The Bulgarian authorities have started procedures to extend the lifespan of the two operational reactors of the Kozloduy nuclear power plant.

Business » Energy | November 9, 2010, Tuesday // 13:38 | Viewed: 1223

Bulgaria Demands to Pay Less for Russian Gas

The Bulgarian government is to have talks with Russia concerning a possible lowering of Russian gas price, energy minister Traicho Traikov stated.

Business » Energy | November 9, 2010, Tuesday // 12:18 | Viewed: 1361

Serbia Mulls Upping Share in Bulgaria's Nuclear Project

Serbia will attempt to increase its share in Bulgaria's future Belene Nuclear Power Plant (NPP) from the initially proposed 1% to 2% to 5%.

Business » Energy | November 9, 2010, Tuesday // 09:44 | Viewed: 1516

Bulgaria 'Deeply Worried' about Nabucco Gas Pipeline

Bulgarian Economy Minister Traikov has expressed deep concern about the future of the Nabucco gas transit pipeline project before the Vienna Economic Forum.

Business » Energy | November 8, 2010, Monday // 20:03 | Viewed: 1677

US Ambassador: Chevron Wants to Help Bulgaria Diversify Gas Supply

Bulgaria needs to put some serious consideration into diversifying its energy sources, according to US ambassador to Sofia James Warlick.

Business » Energy | November 8, 2010, Monday // 17:25 | Viewed: 1874

Bulgaria PM Urges Serbia, Croatia to Respond about Belene NPP by Week's End

Serbia and Croatia have to announce by the end of the week whether they will participate as shareholders in the project for Bulgaria’s future second nuclear power plant at Belene on the Danube, the Bulgarian PM said.

Business » Energy | November 8, 2010, Monday // 13:49 | Viewed: 1600

CEZ-owned Varna PP Safeguards Bulgaria's Power Supply

The Varna Power Plant, owned by Czech power utility CEZ, has reported it has actively contributed to Bulgaria's power supply during the recent delay in the re-launching of Unit 6 of Kozoduy NPP.

Business » Energy | November 7, 2010, Sunday // 14:33 | Viewed: 1496

Bulgaria Offers Serbia, Croatia 2% Stakes in Belene Nuclear Plant ahead of Putin Visit

Bulgaria's Cabinet has invited both Serbia and Croatia to participate as shareholders in the project for the country's future second nuclear power plant at Belene on the Danube.

Business » Energy | November 5, 2010, Friday // 23:00 | Viewed: 2601

Unit 6 of Bulgaria's Kozloduy NPP Back in Business

Unit 6 of Bulgaria's Kozloduy Nuclear Power Plant has been turned on after being off for scheduled annual repair and refueling, the Economy Ministry has announced.

Business » Energy | November 5, 2010, Friday // 14:50 | Viewed: 1338

Bulgaria's Kozloduy NPP CEO Resigns

The Executive Director of Bulgaria's Kozloduy Nuclear Power Plant, Dimitar Angelov, has resigned from his position, the Economy Minister, Traicho Traikov, has announced.

Business » Energy | November 5, 2010, Friday // 14:21 | Viewed: 1441

Bulgaria, Russia Start First Tender for South Stream

The Bulgarian Energy Holding and Gazprom have announced the start of a tender to select a company to carry out a preliminary investment survey for the construction of the South Stream gas pipeline on Bulgarian territory.

Business » Energy | November 4, 2010, Thursday // 19:32 | Viewed: 2189

Bulgaria's Energy Watchdog Fines Power Utilities

Bulgaria's State Commission on Energy and Water Regulation (DKEVR) has fined the three power utilities, CEZ, E.ON and EVN, by BGN 2,97 M.

Business » Energy | November 4, 2010, Thursday // 12:52 | Viewed: 1542

Melrose Resources Begins Work on Bulgarian Gas Deposits

British oil and gas explorer Melrose Resources is starting work at its Bulgarian deposits Kaliakra and Kavarna on Thursday, the Bulgarian Economy Ministry has announced.

Business » Energy | November 4, 2010, Thursday // 08:27 | Viewed: 2112

Bulgarian PM Disses Burgas-Alexandroupoli Pipe on Eco-Grounds

Bulgarian PM Boyko Borisov has reiterated his scepticism of the feasibility of the Burgas-Alexandroupoli oil pipeline, amid strong indications that he is warmly embracing other energy projects with Russia.

Business » Energy | November 2, 2010, Tuesday // 15:51 | Viewed: 2493

ITAR-TASS: Bulgarian PM Enthusiastic about Belene NPP

Bulgarian PM Boyko Borisov has stated in an inverview for ITAR-TASS that he is "wholeheartedly" backing the controversial Russian-sponsored Belene NPP project.

Business » Energy | November 2, 2010, Tuesday // 14:48 | Viewed: 1458

Borisov, Putin with New Phone Talks on Energy

Bulgarian Prime Minister Boyko Borisov and his Russian counterpart Vladimir Putin had a telephone conversation Monday.

Business » Energy | November 1, 2010, Monday // 22:59 | Viewed: 1499

Bulgaria's Borisov Ruins Gazprom's Geopolitical Stand - Russian Expert

The geopolitical situation for Russia and its energy giant Gazprom in the Black Sea region deteriorated sharply after Boyko Borisov became Bulgaria's PM, according to a Russian paper.

Business » Energy | November 1, 2010, Monday // 19:40 | Viewed: 2172

Bulgaria Faces Up to EUR 2.5 B Cost Escalation for Belene NPP

An escalation of the cost of Belene NPP between EUR 0.5 B and 2.5 B is being negotiated between the Bulgarian government and Russian company Atomstroyexport.

Business » Energy | October 28, 2010, Thursday // 17:25 | Viewed: 1222

Bulgaria Reshuffles State Energy, Water Regulator

Bulgaria's Cabinet has replaced all but two of the members of the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | October 27, 2010, Wednesday // 19:42 | Viewed: 1371

Bavaria Confirms Interest in Bulgaria's Belene NPP

An investor from the German free province of Bavaria has stated interest in Bulgaria's project to build a second Nuclear Power Plant (NPP) in the Danube town of Belene, a high-ranking official with the Bavarian Economy Ministry confirms.

Business » Energy | October 27, 2010, Wednesday // 14:15 | Viewed: 1601