Business » Energy

Western Bulgaria Faces 13% Electricity Price Hike

The Czech-owned power utility CEZ, providing electric power to western Bulgaria, is requesting a 13% price increase after July 1, 2011.

Business » Energy | February 28, 2011, Monday // 13:26 | Viewed: 2007

Electricity Price Hike Looms for SE Bulgaria

The price of electric power used by households in southeastern Bulgaria is very likely to go up by 5% beginning July 1, 2011.

Business » Energy | February 27, 2011, Sunday // 13:48 | Viewed: 2088

Russia Reiterates Warnings for Bulgaria over Burgas-Alexandroupolis

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.

Business » Energy | February 25, 2011, Friday // 12:14 | Viewed: 2161

Saudi Arabia Reassures Bulgaria over Oil Prices, Arab World Unrest

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.

Business » Energy | February 22, 2011, Tuesday // 20:23 | Viewed: 1791

Hungary's Elmib to Build EUR 30 M Solar Park in Bulgaria

Hungarian company Elmib is investing EUR 30 M in a photovoltaic park in Eastern Bulgaria.

Business » Energy | February 22, 2011, Tuesday // 15:58 | Viewed: 2336

Bulgaria's Energy Watchdog: 5% Natural Gas Price Hike Possible

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).

Business » Energy | February 22, 2011, Tuesday // 13:41 | Viewed: 1838

TransAtlantic Petroleum Buys Direct Petroleum Bulgaria

Texas-based company TransAtlantic Petroleum has closed deals on the acquisition of 100% of Direct Petroleum Bulgaria EOOD, Direct Petroleum Morocco Inc.

Business » Energy | February 21, 2011, Monday // 20:41 | Viewed: 3372

Serbia Confirms Interest in Investing in Bulgaria's Belene Nuclear Plant

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".

Business » Energy | February 21, 2011, Monday // 20:02 | Viewed: 2437

Rosatom: Bulgaria Will Not Pay for Belene Nuclear Plant

Russian state company Rosatom has urged Bulgaria to sign another agreement for the construction of the Belene nuclear power plant.

Business » Energy | February 20, 2011, Sunday // 13:18 | Viewed: 2264

Bulgaria Expected to Pay All BA Oil Pipeline Dues by March 20

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.

Business » Energy | February 18, 2011, Friday // 15:19 | Viewed: 2387

EU Goes for Merging Nabucco, ITGI Gas Pipelines - Report

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.

Business » Energy | February 18, 2011, Friday // 14:47 | Viewed: 10174

Russian Transneft Rebuts Scrapping Burgas-Alexandroupolis Oil Line

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.

Business » Energy | February 16, 2011, Wednesday // 15:07 | Viewed: 2340

Bulgaria Unaware of Russia's Oil Pipe Cancelation Plans

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.

Business » Energy | February 16, 2011, Wednesday // 14:40 | Viewed: 1608

Russia Scraps Burgas-Alexandroupolis Oil Pipe - Report

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.

Business » Energy | February 16, 2011, Wednesday // 08:57 | Viewed: 2555

Bulgarian PM Woos Areva for Belene Nuclear Plant

Bulgaria's Prime Minister Boyko Borisov has met with Anne Lauvergeon, the CEO of French public multinational conglomerate Areva, over nuclear energy cooperation prospects.

Business » Energy | February 15, 2011, Tuesday // 19:29 | Viewed: 2967

Hungary Lured into AGRI Natural Gas Pipeline Project

Hungary has joined the Azerbaijan-Georgia-Romania-Interconnection (AGRI) liquefied natural gas project, which is to build a pipeline to Central Europe.

Business » Energy | February 14, 2011, Monday // 20:13 | Viewed: 5080

Bulgaria Drives Russia to Despair over Belene NPP - Report

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.

Business » Energy | February 14, 2011, Monday // 18:19 | Viewed: 2037

Bulgarian Company to Build EV Charging Stations in Sofia, Top Resorts

Bulgarian company REnergY has announced plans to construct 15-20 charging stations for electric vehicles in the capital Sofia.

Business » Energy | February 11, 2011, Friday // 17:38 | Viewed: 2281

Bulgarian Energy Minister: Belene Nuke Game Gets Tougher

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.

Business » Energy | February 9, 2011, Wednesday // 17:26 | Viewed: 1875

Burgas-Alexandroupolis Pipeline Project Might Be Terminated-Report

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.

Business » Energy | February 9, 2011, Wednesday // 15:00 | Viewed: 2398

Bulgarian PM with New Threats to Scrap Belene Nuclear Plant

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.

Business » Energy | February 8, 2011, Tuesday // 14:38 | Viewed: 2145