Business » Energy

Bulgarian Watchdog Caps Gas Price Increase at 13%

Bulgaria's natural gas price is to go up by 12.73% as of April 1, 2012, the State Commission for Energy and Water Regulation (DKEVR) has decided at a closed doors meeting late Friday evening.

Business » Energy | March 24, 2012, Saturday // 13:42 | Viewed: 901

9% of Bulgarian Firms Use Renewable Energy, Report Says

Only 9% of the "non-financial" companies in Bulgaria use energy from renewable sources, a survey of the Economic Research Institute of the Bulgarian Academy of Sciences has found.

Business » Energy | March 23, 2012, Friday // 19:38 | Viewed: 1272

Rosatom Offers Bulgaria Yet Another Extension of Belene NPP Contract

Russia's state-owned nuclear corporation Rosatom has made it clear it is ready to agree on yet another extension of the contract with the Bulgarian government for the construction of the Belene nuclear power plant.

Business » Energy | March 23, 2012, Friday // 16:19 | Viewed: 1358

Bulgaria PM Slams Ex EconMin for 'Talking Rubbish', Laying Traps

Prime Minister Boyko Borisov has accused Traicho Traikov, former Minister of Economy, Energy and Tourism, of setting traps for the GERB government, of deliberately obstructing projects and of "talking plain rubbish".

Business » Energy | March 23, 2012, Friday // 14:27 | Viewed: 1017

Bulgaria Refuses to Pay Russia Damages over Belene N-Plant

Bulgaria's government has made it clear it is not daunted by the risk of being taken to arbitration by the Russian contractor in Belene nuclear project, should it decide to abandon it.

Business » Energy | March 22, 2012, Thursday // 11:11 | Viewed: 1251

Bulgarian Regulator to Go for 13% Natural Gas Price Hike

Bulgaria's natural gas price is to go up by 12.73% as of April 1, 2012, the State Commission for Energy and Water Regulation (DKEVR) has stated in a report that is yet to be adopted.

Business » Energy | March 21, 2012, Wednesday // 19:58 | Viewed: 823

Russia Grows Tired of Bulgaria's Belene NPP Uncertainty

Russia's state-owned energy company Rosatom has urged Bulgaria to quickly make up its mind about the Belene nuclear power plant project.

Business » Energy | March 21, 2012, Wednesday // 16:57 | Viewed: 1071

New Bulgarian EconMin Parrots PM Stance on Belene NPP

Bulgaria's Belene nuclear power plant will not be a solely Bulgarian-Russian project if it is built at all, the country's newly appointed Economy and Energy Minister has declared, echoing PM Boyko Borisov's stance on the issue.

Business » Energy | March 21, 2012, Wednesday // 14:23 | Viewed: 861

Bulgaria Should Sell Belene Nuclear Reactor - Right-Wing Leader

Bulgaria should sell its new Russian nuclear reactor, according to Ivan Kostov, co-chair of the right-wing Blue Coalition.

Business » Energy | March 21, 2012, Wednesday // 12:24 | Viewed: 790

Suzlon, Volkswind to Build 74 Wind Turbines in Bulgaria

Wind turbine giant Suzlon, which formed two years ago a joint venture with Volkswind Bulgaria called DIV Wind OOD, is planning to build about 74 wind turbines in the Balkan country.

Business » Energy | March 21, 2012, Wednesday // 12:20 | Viewed: 1344

Diesel Prices Climb to Record BGN 2.73 per Liter

Fuel prices in Bulgaria have hit a new record after Lukoil increased wholesale prices by close to 2%.

Business » Energy | March 21, 2012, Wednesday // 10:58 | Viewed: 1426

Bulgaria Set to Build Gas Link with Turkey

Bulgaria will build a cross-border gas interconnector with its neighbor Turkey, Bulgarian Prime Minister Boyko Borisov has announced.

Business » Energy | March 20, 2012, Tuesday // 20:37 | Viewed: 1357

Bulgaria's Belene NPP Unit Is No Carry-Around Plastic Barrel - Ex Energy Minister

Petar Dimitrov, left-wing MP and former Economy and Energy Minister, has suggested that the idea to move the almost-completed reactor at the Belene NPP to the Kozloduy NPP will take years to implement and will obviously not happen.

Business » Energy | March 20, 2012, Tuesday // 14:33 | Viewed: 876

CEO: Belene Reactor Can Be Used at Bulgaria's Kozloduy NPP

The first of the Russian-made nuclear reactors slated for the future Bulgarian Belene nuclear power plant can be installed at the existing Kozloduy NPP.

Business » Energy | March 20, 2012, Tuesday // 10:34 | Viewed: 786

Gazprom to Make Final Decision on Bulgarian South Stream Section by Nov

Russian energy giant Gazprom expects to take a final investment decision on the Bulgarian section of the South Stream gas pipeline by November 2012, the company said in a statement Monday.

Business » Energy | March 19, 2012, Monday // 19:18 | Viewed: 1008

Bulgaria's Energy Watchdog Proposes 12.73% Gas Price Hike from April

A working group at the State Commission for Energy and Water Regulation (DKEVR) has come up with a proposal for a 12.73% increase in prices of natural gas and an increase of 7-12.5% in prices of central heating, depending on the heating utility.

Business » Energy | March 19, 2012, Monday // 17:56 | Viewed: 1110

Bulgaria Hasn't Told Russia It Quits Belene NPP

Bulgaria's government has not informed Russia's state-owned Rosatom that it wants to quit the two countries' Belene nuclear power plant project.

Business » Energy | March 19, 2012, Monday // 11:38 | Viewed: 1029

US Envoy Believes Bulgaria Scrapped Belene NPP

Bulgaria's Prime Minister Boyko Borisov has already declared that the Belene nuclear power plant will not be constructed, US Ambassador James Warlick pointed out Monday.

Business » Energy | March 19, 2012, Monday // 09:09 | Viewed: 1034

Bulgaria's New Energy Min Uncertain on Shale Gas, Belene NPP

Bulgaria needs to think again before giving up on shale gas and going further with Belene NPP, said the nominee for Economy and Energy Minister Delyan Dobrev.

Business » Energy | March 18, 2012, Sunday // 18:18 | Viewed: 1334

Bulgarian PM: Cartel Ruling Shows Govt Doesn't Favor Lukoil

The Bulgarian government does not defend the interests of any energy companies, but rather the ones of all citizens, said Bulgarian PM Boyko Borisov.

Business » Energy | March 18, 2012, Sunday // 13:12 | Viewed: 945

Bulgarian PM to Negotiate Gas Interconnection in Turkey

The finalization of a deal between Bulgaria and Turkey to interconnect their natural gas networks is set to be among the chief topics of discussion during the visit of Bulgaria's PM Boyko Borisov to Turkey next week.

Business » Energy | March 18, 2012, Sunday // 10:57 | Viewed: 1130
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