Business » Energy

Energo Pro Needs License to Start Power Supply Business in Bulgaria

Energo Pro, the new owner of energy distribution grid in Northeast Bulgaria, will have to undergo a licensing procedure by the local energy watchdog before it it takes over the business of German E.ON, said Traicho Traikov, Minister of Economy, Energy and

Business » Energy | December 6, 2011, Tuesday // 12:16 | Viewed: 1322

CEZ, EVN Won't Sell Bulgarian Units Like E.ON - EconMin

Czech firm CEZ and Austrian firm EVN have no intention of selling their majority shares in the Bulgarian power utilities that they own, according to Bulgarian Economy and Energy Minister Traicho Traikov.

Business » Energy | December 5, 2011, Monday // 18:12 | Viewed: 1360

AES Geo Energy Plans 2nd Wind Park in Northeast Bulgaria

AES Geo Energy, a joint company between US energy giant AES and Bulgarian-German enterprise Geo Power is planning to build a second wind power park in Northeastern Bulgaria, Geo Power Manager Thomas Funke has announced.

Business » Energy | December 5, 2011, Monday // 17:02 | Viewed: 2218

Watchdog Head Downplays Sale of E.ON Bulgaria Power Utility

Angel Semerdzhiev, Chair of the State Commission for Energy and Water Regulation (DKEVR), has given assurances that the sale of power distributor E.

Business » Energy | December 5, 2011, Monday // 16:36 | Viewed: 1141

Bulgaria's Lukoil Refinery to Meet State Demands by Jan 15 - Customs Head

Vanyo Tanov, head of Bulgaria's Customs Agency, has assured that all excise duty leaks in cigarette sales have been plugged.

Business » Energy | December 5, 2011, Monday // 15:37 | Viewed: 1439

E.ON Left Bulgaria Due to Hostile Climate - Analysts

German company E.ON has decided to shed its Bulgarian power utility E.ON Bulgaria due to an overregulated market and political attacks by senior government officials, according to Bulgarian comentators.

Business » Energy | December 3, 2011, Saturday // 16:35 | Viewed: 2196

E.ON Sheds Bulgaria Business to Czech Energo Pro

German electric energy company E.ON has agreed to sell its Bulgarian unit E.ON Bulgaria to private Czech company Energo Pro.

Business » Energy | December 3, 2011, Saturday // 16:05 | Viewed: 1916

Gazprom Neft Sets Eyes on Another 7 Filling Stations in Bulgaria

Russia's Gazprom Neft plans to buy another 7 filling stations in Bulgaria.

Business » Energy | December 1, 2011, Thursday // 14:04 | Viewed: 1450

Overgas Sees 12% Y/Y Increase in Gas Sales in Eastern Bulgaria

Overgas Iztok AD, the gas distribution subsidiary of Bulgaria's biggest private natural gas supplier, has registered a 12% year-on-year increase in sales for the period January 01-October 31.

Business » Energy | November 30, 2011, Wednesday // 17:04 | Viewed: 1378

Construction of Bulgaria-Turkey Gas Grid Interconnection to Start Within 1 Year

The construction of the Bulgaria-Turkey gas grid interconnection may start within a year, according to Traicho Traikov, Bulgarian Minister of Economy, Energy and Tourism.

Business » Energy | November 29, 2011, Tuesday // 15:16 | Viewed: 1681

Shell Bulgaria Seeks to Take Control of 2 Litex Filling Stations

Shell Bulgaria has sought competition clearance for taking control of two sites of the Litex filling station chain.

Business » Energy | November 28, 2011, Monday // 15:32 | Viewed: 2083

Bulgaria's Gas Stations to Report Real-Time to Revenue Agency

By end-March 2012, all filling stations in Bulgaria must install automated electronic systems reporting volumes of fuel sold to the revenue administration.

Business » Energy | November 24, 2011, Thursday // 16:15 | Viewed: 1264

Bulgarian Socialists Table Draft Bill Banning Shale Gas Drilling

The Bulgarian Socialist Party (BSP) has has tabled in Parliament a draft bill envisaging a ban on shale gas exploration and production in the country.

Business » Energy | November 24, 2011, Thursday // 14:54 | Viewed: 1441

Brussels: EU to Pay Bulgaria Extra EUR 185 M for Nuclear Dismantling

The European Commission proposed on Thursday to secure an additional EUR 185 M from 2013 to help Bulgaria dismantle four Soviet-era reactors at its sole nuclear power plant in Kozloduy.

Business » Energy | November 24, 2011, Thursday // 14:24 | Viewed: 1405

EC to Set Aside EUR 550 M for Nuclear Decommissioning Aid

The European Commission (EC) plans to set aside additional nuclear decommissioning aid of EUR 550 M after 2013 to help Bulgaria, Lithuania and Slovakia, reports say.

Business » Energy | November 23, 2011, Wednesday // 14:21 | Viewed: 1059

Bulgarian MPs Reject Nationalist Demand for Shale Gas Ban

The Bulgarian Parliament rejected Wednesday the request of the far-right, nationalist Ataka party to include in the weekly agenda their proposal for a moratorium on shale gas exploration in the country.

Business » Energy | November 23, 2011, Wednesday // 12:28 | Viewed: 1087

Russian State Co Eyes Bulgarian E.ON Power Utility - Report

Russian state-owned Holding MRSK OAO is among the candidates for the Bulgarian and German stake at the German-owned Power Utility, E.

Business » Energy | November 23, 2011, Wednesday // 11:20 | Viewed: 1318

Russia's Gazprom: Bulgaria Is in South Stream Pipeline

Russia's Gazprom CEO Alexei Miller, firmly rejected Tuesday speculations of Western-Balkan media that the South Stream gas transit pipeline will go around Bulgaria.

Business » Energy | November 22, 2011, Tuesday // 14:22 | Viewed: 2338

Bulgaria to Get More EU Nuclear Decommissioning Aid

The European Commission is expected to propose next week that an extra EUR 500 M in EU financial support is provided for decommissioning the Soviet-era nuclear reactors in Bulgaria, Slovakia and Lithuania.

Business » Energy | November 20, 2011, Sunday // 17:26 | Viewed: 1744

Bulgaria Seals Gas Delivery Deal with Turkey

Bulgaria and Turkey will sign a political agreement to build a gas pipeline connection between the two countries for emergency gas deliveries from Turkey to Bulgaria.

Business » Energy | November 19, 2011, Saturday // 14:25 | Viewed: 1646

No Shale Gas Contract with Chevron Yet, Bulgarian PM Assures

Bulgarian Prime Minister Boyko Borisov rejected on Friday that the government had signed a shale gas exploration and production contract with U.S. energy major Chevron Corp, specifying, however, that talks on the matter were underway.

Business » Energy | November 18, 2011, Friday // 14:06 | Viewed: 1681