KEYWORDS TODAY:   UkraineEuropean Elections

Business » Energy

Greece Plans to Reanimate Burgas-Alexandroupolis Oil Pipeline

Greece is planning a diplomatic initiative in order to "revive" the stalled Burgas-Alexandroupolis oil pipeline project in which it is a partner country together with Bulgaria and Russia.

Business » Energy | June 22, 2010, Tuesday // 14:37 | Viewed: 1686

Belarus Halts Transit of Russian Gas

The President of Belarus, Alexandr Lukashenko, had ordered his cabinet to stop the transit of Russian gas through the country's territory.

Business » Energy | June 22, 2010, Tuesday // 14:21 | Viewed: 1462

Arm-Twisting Russia Ties South Stream with Bulgaria's Belene

Russia has threatened to change the course of the South Stream gas pipeline project to exclude Bulgaria, the president of gas monopoly Gazprom has said.

Business » Energy | June 22, 2010, Tuesday // 11:25 | Viewed: 2152

Staff Reduction Looms for Bulgaria's Energy Watchdog

Bulgaria's Economy and Energy Minister, Traicho Traikov, announced Monday significant personnel changes are forthcoming at the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | June 21, 2010, Monday // 15:37 | Viewed: 1373

Bulgaria Ex PM: Govt Wants to Bury All Russian Energy Projects

Bulgaria's former Socialist prime minister has harshly criticized the current center-right government for "deliberately aiming to bring to a close" all large-scale energy project with Russian participation.

Business » Energy | June 21, 2010, Monday // 11:14 | Viewed: 1424

Bulgaria's Ex EconMin Foresees Energy War with Russia

The former Bulgarian Economy Minister, Petar Dimitrov, believes the country is heading to an energy war with Russia.

Business » Energy | June 20, 2010, Sunday // 21:26 | Viewed: 2096

Bulgarian PM 'Under Huge Pressure' for Auditing Power Utilities

Lobbying circles in Bulgaria and Europe are exerting enormous pressure on Bulgarian Prime Minister Boyko Borisov over the auditing of power utilities, in Borisov's own words.

Business » Energy | June 20, 2010, Sunday // 17:25 | Viewed: 1842

Bulgaria Sees Smaller Electricity Price Hike at Utilities' Expense

The electricity price in Bulgaria will be increased by 2% as of July 1, instead of the planned 5%, the head of the State Commission for Energy and Water Regulation announced (DKEVR).

Business » Energy | June 20, 2010, Sunday // 17:00 | Viewed: 1359

Audit Report Reveals Violations, Improvements by Bulgaria's Power Utilities

Bulgaria's three power utilities – German-owned E.ON, Czech-owned CEZ, and Austrian-owned EVN – have committed serious violations when outsourcing their services, according to state commission report.

Business » Energy | June 20, 2010, Sunday // 16:11 | Viewed: 2118

Bulgaria Urged to Hurry with South Stream Decision

Participants in the fourteenth International Economic Forum, which ended in Saint Petersburg on Saturday, have reiterated calls on Bulgaria to hurry up with committing itself to the South Stream gas pipeline project.

Business » Energy | June 20, 2010, Sunday // 10:58 | Viewed: 1399

Gasunie CEO Named Head of South Stream

The head of the Dutch Gasunie company, Marcel Kramer, has been named chairman of the board of directors and executive director of the South Stream gas pipeline project

Business » Energy | June 20, 2010, Sunday // 10:40 | Viewed: 1266

EconMin: Bulgaria to Scrap Oil Line over Eco Assessment

Bulgaria's Economy and Energy Minister, Traicho Traikov, reiterated Saturday that the country will pull out of the Burgas-Alexandroupolis oil pipeline if the assessment shows it will have negative effect on the environment.

Business » Energy | June 19, 2010, Saturday // 20:08 | Viewed: 1421

Sanctions Loom for Bulgaria over Burgas-Alexandroupolis Oil Pipe

Bulgaria will face economic sanctions if the cabinet pulls out of the Burgas-Alexandroupolis project, according to Plamen Rusev, Director of the Bulgarian branch of "Trans-Balkan Pipeline" which is to build the oil line.

Business » Energy | June 19, 2010, Saturday // 15:50 | Viewed: 1604

Bulgaria's Burgas-Alexandroupolis Decision Expected in Feb 2011

The investor in the Burgas-Alexandroupolis oil pipeline must submit an environmental assessment report, Bulgaria's Environmental Minister, Nona Karadzhova says.

Business » Energy | June 19, 2010, Saturday // 12:28 | Viewed: 1538

Russia: Snub of Belene NPP Is EUR 1 B Loss for Bulgaria

The losses for Bulgaria if the country makes a decision to stop for good the project to build a second Nuclear Power Plant in the Danube town of Belene can exceed EUR 1 B.

Business » Energy | June 19, 2010, Saturday // 11:48 | Viewed: 2325

French Company EDF Formally Joins Eni, Gazprom in South Stream

Italian company Eni and Russia's Gazprom have signed a memorandum allowing the French EDF to join as a third shareholder in the South Stream gas transit pipeline.

Business » Energy | June 18, 2010, Friday // 20:11 | Viewed: 1572

Bulgaria 'Must Hurry' with South Stream Decision

Bulgaria must hurry up with committing itself to the South Stream gas pipeline project, as urged by the country's partners in the project.

Business » Energy | June 18, 2010, Friday // 18:38 | Viewed: 1363

Russia's Transneft Hopes to Iron out Ruffles with Bulgaria

Russia's crude oil pipeline monopoly Transneft, which is a partner in Burgas-Alexandroupolis oil pipeline, hopes to renew discussions about the future of the project at a meeting with Bulgarian officials in July, the company president said.

Business » Energy | June 18, 2010, Friday // 18:11 | Viewed: 1363

Macedonia Set to Become Part of 'South Stream'

Macedonia must become part of European energy corridors and in particular join the projected South Stream pipeline that will transfer gas from Russia to Southern and Central Europe.

Business » Energy | June 18, 2010, Friday // 17:55 | Viewed: 1644

Energy Minister: Belene NPP, Nuclear Energy Priorities for Bulgaria

Bulgaria has not made any decision to freeze or give up the NPP Belene project, stated Bulgarian energy minister Traicho Traikov.

Business » Energy | June 18, 2010, Friday // 16:53 | Viewed: 1324

Bulgaria: Belene NPP Vital, Cost Uncertain

If Bulgaria does not build the projected Belene NPP, it would be forced to import electricity from other countries.

Business » Energy | June 18, 2010, Friday // 15:53 | Viewed: 1496
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria