American energy company AES is intentionally protracting its project for building a solar power plant near Silistra, because it wants changes introduced in Bulgaria's law on renewable energy, said Minister of Energy Traicho Traikov.
Bulgaria's economy minister has tried to assuage opposition fears over a deal that granted Austrian utility EVN a majority stake in a hydro project on the Arda river, known as Gorna Arda.
The South Stream gas pipeline project cannot possibly become a priority project for the European Union said Friday Marlene Holzner, spokesperson for EU Energy Commissioner Günther Oettinger.
Bulgaria's former prime minister and Socialist leader Sergey Stanishev has slammed an agreement under which the Austrian utility EVN got a majority stake in Bulgaria hydro project on the Arda river, known as Gorna Arda.
International credit agency Fitch has placed Bulgaria-based fuel distributor Petrol AD's Long-term Issuer Default Rating (IDR) of 'CC' on Rating Watch Negative (RWN).
Bulgaria's former Energy Minister, Rumen Ovcharov, will not be probed by the Sofia City Appellate Prosecutor's Office over the annexes to the gas contracts signed with Russia in 2006.
Bulgaria must pay by the end of the year an installment of EUR 67 M for its second nuclear power plant project, which has stalled over lack of a new investor and funding, a deputy minister has said.
Natural gas prices in Bulgaria will go down in the fall of 2010 as a result of extraction from three new deposits discovered by UK-based company Melrose resources.
AES Corp., the U.S. power producer with operations in more than two dozen countries, is keen on constructing in Bulgaria a USD 400 M solar power plant with a capacity of 80 megawatts, the American ambassador in Sofia announced.
Bulgaria is going to have to pay penalties of about EUR 0.5 B if it gives up and thus kills the Burgas-Alexandroupolis oil pipeline project, according to former PM Sergey Stanishev.
The Czech-owned electric power utility CEZ will invest BGN 1 936 000 M in renovation of the "Metro"subfeeder, which provides electricity to the northwestern region of the Bulgaria's capital.
The Bulgarian State Commission for Energy and Water Regulation (DKEVR) is joining the probe of the causes of the power outage that left thousands along the country's Black Sea coast without electricity.
Greek PM George Papandreou, who is on an official visit to Bulgaria, reiterated Greece's strong commitment to the completion of projected Burgas-Alexandroupolis oil pipeline.
Bulgaria's Supreme Administrative Court has confirmed the decision of the Competition Protection Commission to fine the Austrian utility EVN for an alleged abuse of its dominant position on the electricity market.
The China Development Bank has expressed interest in financing Serbia's investment participation in Bulgaria's Belene NPP project, reported Serbian news agency Blic Monday.
Bulgaria's police and State Agency for National Security (DANS) are to probe the power outage that left thousands along the country's Black Sea coast without electricity.
The Bulgarian government is well aware the Burgas-Alexandroupolis oil pipeline project is profitable for Bulgaria, vice-president of Russian oil company Transneft Mikhail Barkov said, as quoted Monday by RIA Novosti.
The Economy Ministry has appointed a second Executive Director of the state megastructure "Bulgarian Energy Holding.
The Belene Nuclear Power Plant project is vastly beneficial to Bulgaria but is delayed by the Borisov government for political reasons, according to Socialist MP Rumen Petkov.
There is no way that the Burgas-Alexandroupolis oil pipeline project can be realized, according to Bulgarian Prime Minister Boyko Borisov.
Crews of the Bulgarian National Electric Company (NEK) were able to fix at 1:40 pm Saturday the two serious breakdowns of its electric posts, which left some Black Sea resorts without electricity.
Photo Exhibition Of Sofia's Old Public Baths
Bulgaria C-bank Allows Corpbank’s Debtors to Repay Loans
Local policeman investigated for allegedly stealing aid for Mizia flood victims
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