Business » Energy

Bulgaria to Lose Only BGN 15 M from Extended NPP Repairs

Bulgaria is going to suffer losses of about BGN 15 M from having to extend the repairs of Unit 6 of the Kozloduy Nuclear Power Plant by 10 days.

Business » Energy | October 20, 2010, Wednesday // 13:36 | Viewed: 1088

Bulgaria Might Cut Electicity Export by 2/3 Due to NPP Trouble

The unexpected technical problems with repairing and switching back on the Unit 6 reactor of Bulgarian Kozloduy NPP might mean drastically cutting exports of electricity, according to energy minister Traicho Traikov.

Business » Energy | October 19, 2010, Tuesday // 15:28 | Viewed: 1344

Safety Damage Delays Bulgarian Nuclear Plant Repairs

A problem with one of the two functioning reactors of Bulgaria's Kozloduy Nuclear Power Plant (NPP) - Unit 6, can trigger serious delays in its switching back to the country's electric network, the Bulgarian Ministry of Energy and Economy announced..

Business » Energy | October 19, 2010, Tuesday // 13:48 | Viewed: 1719

UK JKX Oil & Gas Spuds Shkorpilovtci Well in Bulgaria

Britain's JKX Oil & Gas said the Shkorpilovtci South West R-01 exploration well in east Bulgaria spudded successfully on October 17.

Business » Energy | October 19, 2010, Tuesday // 10:53 | Viewed: 1339

Bulgaria Gets Alpine Bau to Knock EUR 10 M Off Hydro Plant Price

Austrian company Alpine Bau has agreed to knock off EUR 10 M from the money owed to it by the Bulgarian government for the construction of the much problematic hydro power plant "Tsankov Kamak".

Business » Energy | October 18, 2010, Monday // 20:59 | Viewed: 1685

Bulgaria EcoMin: Brikel Plant Lacks Required Permits

Bulgaria's Environment Minister has stated that the workers from the thermal power plant Brikel should demand the resignation of the trade unions, instead of hers.

Business » Energy | October 18, 2010, Monday // 13:22 | Viewed: 1586

Bulgaria's Brikel Workers to Protest against Closing

About 2,000 Bulgarian workers from the major thermal power plant Brikel in the town of Galabovo have gathered on the first day of the five-day peace protest against the closing of the plant.

Business » Energy | October 18, 2010, Monday // 09:23 | Viewed: 1504

Gazprom CEO: Bulgaria, Russia Progress on South Stream Project

Bulgaria and Russia have reached a serious progress in the negotiations for the South Stream gas pipeline project, Russia's Gazprom CEO, Alexey Miller, said after his meeting with Bulgaria's PM Boyko Borisov.

Business » Energy | October 17, 2010, Sunday // 18:25 | Viewed: 1967 Gazprom Plays off Romania against Bulgaria

This week's signing of an agreement between Gazprom and Romania has considerably softened the stance of Bulgaria to Russian-sponsored South Stream gas pipeline project, writes Russian online edition

Business » Energy | October 16, 2010, Saturday // 17:17 | Viewed: 2622

Economy Minister: Both Bulgaria, Romania to Profit from South Stream

Both Bulgaria and Romania might profit from South Stream, stated Bulgarian economy minister Traicho Traikov, commenting newly emerged views that the two countries are competing for a place in the Russian-sponsored project.

Business » Energy | October 16, 2010, Saturday // 10:53 | Viewed: 1709

Minister: No Way Romania Can Squeeze Bulgaria Out of South Stream

Economy Minister Traicho Traikov believes it is practically impossible for Romania to replace Bulgaria as the major Balkan hub of the Russian gas transit pipeline South Stream.

Business » Energy | October 15, 2010, Friday // 15:22 | Viewed: 1570

Bulgaria, Russia to Set up South Stream JV by Nov 2010

Sofia and Moscow have agreed to establish a 50/50 joint venture by November this year for the building of the Bulgarian part of the Russian-led natural gas pipeline South Stream.

Business » Energy | October 15, 2010, Friday // 12:41 | Viewed: 1809

Bulgaria to Push for Lower Gas Prices during Gazprom CEO Visit

Bulgaria's government will make a new attempt to cut gas prices and sign a direct gas supply contract with Russian energy giant Gazprom during the one-day visit to Sofia of its chief executive officer Alexei Miller.

Business » Energy | October 15, 2010, Friday // 08:00 | Viewed: 1533

Gazprom Renews Threat to Swap Bulgaria for Romania in South Stream

Russian energy giant Gazprom has practically renewed its threat to replace Bulgaria with Romania as the primary transit hub of the South Stream gas pipeline.

Business » Energy | October 14, 2010, Thursday // 14:12 | Viewed: 1879

Bulgarian Power Utility CEZ Invests BGN 3 M in Winter Repairs

The Czech-owned electric power utility CEZ, servicing western Bulgaria, announces BGN 2.9 M in new investments in their network.

Business » Energy | October 14, 2010, Thursday // 12:18 | Viewed: 1441

Gazprom Prepares Romania's South Stream Accession in 2011

Russian energy company Gazprom and Romania's Transgas have signed a memorandum considered the last step before Romania formally joins the South Stream gas transit pipeline.

Business » Energy | October 13, 2010, Wednesday // 20:08 | Viewed: 2013

Bulgarian Govt to Shut Tycoon's Power Plant

Bulgaria's government is unyielding in its intention to shut down a major thermal power plant owned by energy tycoon Hristo Kovachki.

Business » Energy | October 13, 2010, Wednesday // 18:31 | Viewed: 2466

Minister: Serbia Eager to Invest in Bulgaria's Belene NPP

Serbia is eagerly expecting a formal proposal on the part of the Bulgarian government to invest in the Belene NPP project, stated Serbian Minister of Energy Petar Skundric.

Business » Energy | October 12, 2010, Tuesday // 18:56 | Viewed: 1415

Gazprom CEO Miller to Visit Bulgaria

Gazprom CEO Alexei Miller will visit Bulgaria Friday to discuss delivery of Russian natural gas and the future South Stream gas pipeline project.

Business » Energy | October 12, 2010, Tuesday // 17:01 | Viewed: 1239

Bulgaria Extends NPP Contract with Russian Atomstroyexport

Bulgaria has extended by six months the contract with Russian company Atomstroyexport for the construction of stalled Belene NPP, confirming earlier reports.

Business » Energy | October 12, 2010, Tuesday // 16:29 | Viewed: 1288

US Investor Eyes Bulgaria's Used Nuclear Fuel

There is a major US investor, interested in becoming involved in activities related to the processing of used nuclear fuel in Bulgaria, American Ambassador, James Warlick, says.

Business » Energy | October 12, 2010, Tuesday // 14:35 | Viewed: 1187