Premier Power has officially announced it will build four photovoltaic (PV) power plants totaling 16.
Lukoil President Vagit Alekperov has rejected allegations of a clash with the Bulgarian government, saying that the existing problems lie with technicalities.
Natural gas prices will go up by 6.67% to BGN 594.37 per 1000 cu m, VAT excluded,as of October, according to an announcement of Bulgaria's State Commission for Energy and Water Regulation (DKEVR).
Bulgaria has approached Russia with a request to extend the negotiations over Belene nuclear project by another four months as of October, the economy minister has said.
One of the two 1000 MW reactors of the Bulgarian nuclear power plant "Kozloduy" has been switched off for repairs, the NPP announced.
US Ambassador to Bulgaria James Warlick has urged a rational approach to the issue of shale gas, saying that America also faced environmental concerns in relation to the matter.
President of Azerbaijan Ilham Aliyev has assured Bulgarian Minister of Economy, Energy and Tourism Traicho Traikov that there is available Azeri gas for Bulgaria apart from the volumes earmarked for the Nabucco pipeline.
Iran is interested in building an oil refinery in the Bulgarian Black Sea city of Varna, Iranian Ambassador to Bulgaria Golamreza Bageri Mogadam has announced.
The price of natural gas in Bulgaria for the fourth quarter will be increased by 8.6%, according to a report of an expert work group of the State Commission for Energy and Water Regulation (DKEVR).
Bulgaria's Economy and Energy Minister, Traicho Traikov, began Monday a tour of the Caspian and Caucasus region.
Commercial shale gas production in Poland may be launched as early as 2014, the country's Prime Minister Donald Tusk has revealed.
A suggestion by Ukrainian President Viktor Yanukovich that South Stream be built through Ukraine has been quickly rebuffed by the future pipeline's shareholders in favor of its planned route through Bulgaria.
Three major Western European energy companies – Italy's Eni, France's EDF, and Germany's BASF - formally joined Russian energy giant Gazprom as shareholders of the South Stream gas transit pipeline.
The Bulgarian government has invited the Lukoil Neftochim refinery to keep some additional 3,600 tonnes of jet fuel for its state reserves, show procurement records.
The state-owned Bulgarian Energy Holding has appointed a new director of the Kozloduy NPP, the only Bulgarian nuclear power plant, after the acting CEO sought a release for health reasons.
The EU has adopted a mandate to negotiate with Azerbaijan and Turkmenistan the building of the long-anticipated Trans-Caspian oil and gas pipeline, the EC has announced.
Lukoil plans to invest around USD 25 B in oil processing and petrochemical manufacture in the next 10 years, according to Vagit Alekperov, President of the Russian oil giant.
The project to build a second Nuclear Power Plant in Bulgaria's Danube town of Belene is strategic and must be launched again as soon as possible, according the presidential hopeful, Ivaylo Kalfin.
Russian oil pipeline monopoly Transneft will freeze the construction of the troubled Burgas-Alexandroupolis project, which has been largely obstructed by Bulgaria's government in the past 2 years.
The Sofia Administrative Court, SAC, postponed Wednesday for September 28 the trial of the Lukoil Bulgaria company for the revocation of its license to operate excise warehouses.
Direct Investment into Bulgaria on the Rise Y/Y
A Third of Bulgarians Facing Energy Poverty