The Czech-owned power utility CEZ, providing electric power to western Bulgaria, is requesting a 13% price increase after July 1, 2011.
Russia is reiterating talk of suing Bulgaria over foiling the project to build the Burgas-Alexandroupolis oil pipeline, according to Russian Energy Minister, Sergey Shmatko.
Saudi Arabia has assured Bulgaria that the unrest in the Arab world, and especially in Libya, will not affect negatively in the long run the world oil prices and supplies.
Hungarian company Elmib is investing EUR 30 M in a photovoltaic park in Eastern Bulgaria.
The price of natural gas in Bulgaria might go up by 5% from April, according to the country's State Commission for Energy and Water Regulation (DKEVR).
Texas-based company TransAtlantic Petroleum has closed deals on the acquisition of 100% of Direct Petroleum Bulgaria EOOD, Direct Petroleum Morocco Inc.
Serbian Prime Minister Mirko Cvetkovic has confirmed his country's continued interest in acquiring a share of Bulgaria's future second nuclear power plant "Belene".
Russian state company Rosatom has urged Bulgaria to sign another agreement for the construction of the Belene nuclear power plant.
The Bulgarian government has been given March 20 as a deadline to settle all of its dues for the Burgas-Alexandroupolis oil pipeline, a long-delayed Bulgarian-Greek-Russian project.
The European Union is moving to secure a merger of two future gas transit pipeline projects – Nabucco and ITGI (Interconnector Turkey-Greece-Italy) – in order to guarantee the natural gas supplies from Azerbaijan to Europe.
Shareholders in the project to build the Burgas-Alexandroupolis oil pipeline have no intentions of giving up on it, the CEO of the Russian oil giant Transneft, Igor Demin, says.
Bulgaria has not received any official notification Russia plans to withdraw from the project to build the Burgas-Alexandroupolis oil pipeline, Finance Minister, Simeon Djankov, says.
Russia plans to withdraw from the project to build the Burgas-Alexandroupolis oil pipeline, the Russian news agency ITAR-TASS announced Wednesday, citing the daily "Vedomosti.
Hungary has joined the Azerbaijan-Georgia-Romania-Interconnection (AGRI) liquefied natural gas project, which is to build a pipeline to Central Europe.
Russia is perplexed as to whether to keep its efforts for the construction of the second Bulgarian nuclear power plant "Belene" or to renounce the deal and seek penalty payments from Bulgaria, according to the Rossiyskaya Gazeta daily.
Bulgarian company REnergY has announced plans to construct 15-20 charging stations for electric vehicles in the capital Sofia.
The Bulgarian Economy and Energy Minister, Traicho Traikov, vowed once again to never accept an unfavorable deal regarding plans to build a second Nuclear Power Plant (NPP) in the Danube town of Belene.
The project for the construction of the Burgas-Alexandroupolis oil pipeline is expected to be terminated because Bulgarian shareholders have not performed their financial obligations.
Bulgaria's Prime Minister, Boyko Borisov, declared Tuesday the project to build a second Nuclear Power Plant (NPP) in the Danube town of Belene will be scrapped over the current terms proposed by the Russian side.
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