Business » Energy

Bulgarian Govt, Westinghouse Move Closer to Cooperation

Bulgarian Prime Minister Boyko Borisov has met with Westinghouse President for EMEA Anders Jackson and VP for Southern Europe Jose Gutierrez.

Business » Energy | May 27, 2011, Friday // 15:47 | Viewed: 2006

Bulgaria, Russia Still in Discord on Belene Nuclear Project Price

Bulgaria and Russia are not getting closer in reaching an agreement on the price of the project to build a second Nuclear Power Plant, NPP, in the Danube town of Belene.

Business » Energy | May 26, 2011, Thursday // 10:56 | Viewed: 2040

EU Vows Not to Set Barriers for South Stream Gas Pipeline

The EU will not set unjustified restrictions regarding the construction of the South Stream gas pipeline, which is supposed to transit Russian gas to Europe, Gunther Oettinger, EU Energy Commissioner, stated Wednesday.

Business » Energy | May 25, 2011, Wednesday // 18:32 | Viewed: 1497

Russia to Campaign for Granting South Stream EU Priority Status

The Russian Ministry of Energy and state-run gas giant Gazprom will present the South Stream gas pipeline project at the EU headquarters in Brussels Wednesday.

Business » Energy | May 25, 2011, Wednesday // 12:17 | Viewed: 1636

TBP Offers Bulgaria New Offloading Technology for BA Oil Pipeline

Trans-Balkan Pipeline, the company in charge of the construction of the Burgas-Alexandroupolis oil pipeline, has offered the Bulgarian government a new technology for unloading oil to address environmental concerns.

Business » Energy | May 24, 2011, Tuesday // 18:37 | Viewed: 2023

Bulgaria to Sign on Nabucco Pipeline in Turkey on June 6

Bulgaria's Bulgargaz, a subsidiary of the Bulgarian Energy Holding, will participate in the official signing of an agreement on the Nabucco gas transit pipeline in Turkey on June 6, 2011.

Business » Energy | May 23, 2011, Monday // 15:19 | Viewed: 2567

Bulgaria's Kozloduy NPP Among World's Most Tested - EconMin

Bulgaria's Kozloduy Nuclear Power Plant is among the most scrutinized NPPs in the world, according to the country's Energy and Economy Minister, Traicho Traikov.

Business » Energy | May 20, 2011, Friday // 13:18 | Viewed: 1426

South Steam Shareholders to Strike New Agreement in 2011

A new shareholders' agreement for the South Stream gas transit pipeline will be signed in 2011, Gazprom CEO Alexei Miller has announced.

Business » Energy | May 19, 2011, Thursday // 19:28 | Viewed: 1983

US Contour Global OKed to Buy Enel Stake in Bulgaria Plant

Bulgaria's antitrust regulator has given approval to US investment fund Contour Global to acquire the majority stake of Italian energy giant Enel in Maritsa East 3, a Bulgarian coal-fired plant.

Business » Energy | May 19, 2011, Thursday // 09:46 | Viewed: 2273

Irish Island Renewable Energy Said to Eye Bulgaria Wind Park

Irish company Island Renewable Energy may build a wind park in the Northern Bulgarian Suhindol municipality,Nikolay Nikolov, its executive director for Southeast Europe, has announced.

Business » Energy | May 18, 2011, Wednesday // 20:36 | Viewed: 2180

Shale Gas to Win Bulgaria's Energy Independence - Minister

The shale gas resources in Bulgaria could greatly improve the country's energy independence and would create a new alternative for its gas needs, Bulgarian Economy and Energy Minister, Traicho Traikov, declared.

Business » Energy | May 18, 2011, Wednesday // 18:43 | Viewed: 1873

Lukoil: USD 100 Per Barrel is Fair Oil Price

The current price of oil around USD 100 per barrel is completely fair, according to Russian oil company Lukoil's president Vagit Alekperov.

Business » Energy | May 17, 2011, Tuesday // 08:07 | Viewed: 1824

Bulgarian Energy Watchdog to Raise Prices of Electricity from Renewables

Prices of electricity from wind, hydropower and biomass will be increased from July 1, Bulgaria's State Commission for Energy and Water Regulation (DKEVR), said in a statement Friday.

Business » Energy | May 16, 2011, Monday // 18:30 | Viewed: 3293

Bulgarian Tycoon Sells Heating Utilities to Offshore Companies

Bulgarian energy tycoon Hristo Kovachki has been allowed to sell two heating utilities to offshore companies registered in the Seychelles.

Business » Energy | May 16, 2011, Monday // 16:30 | Viewed: 2075

Shell VP in Sofia: Transport's Energy Efficiency Future Lies with 3 'S'-s

Smart consumption, smart machines, and smart infrastructure is the future of energy efficiency, according to Hans van der Loo, Vice President of Shell International and head of the company's EU Liaison Office.

Business » Energy | May 14, 2011, Saturday // 09:17 | Viewed: 2249

Bulgaria Gears Up for New Gas Price Hike in July

Bulgargaz has called for a new 7.12% gas price hike from July in its latest media statement.

Business » Energy | May 12, 2011, Thursday // 18:20 | Viewed: 1544

Bulgaria's Kozloduy NPP Launches New Spent Fuel Depot

A new dry spent nuclear fuel storage facility was officially launched at Bulgaria's Kozloduy NPP by the country's PM, Boyko Borisov, and Economy and Energy Minister, Traicho Traikov.

Business » Energy | May 12, 2011, Thursday // 17:38 | Viewed: 2442

UniCredit, Raiffeisen Seek to Broker E.ON Bulgaria 33% Sale

UniCredit SpA (UCG), Italy's biggest bank and Vienna-based Raiffeisen Bank International AG (RBI) have bought tender documents to broker Bulgaria's 33% stake sale in an E.ON AG unit, Bloomberg agency reported.

Business » Energy | May 12, 2011, Thursday // 16:44 | Viewed: 1819

PM: Bulgarian Economy Needs Own Nuclear Power

Bulgaria is fully committed to developing its nuclear energy sector, stated PM Boyko Borisov at a foreign investment forum held in Sofia Tuesday.

Business » Energy | May 10, 2011, Tuesday // 16:28 | Viewed: 2225

Bulgaria Might Opt for Short-Term Gas Contracts with Gazprom

Bulgaria might chose to press for short-term contracts for natural gas delivery with Russian giant Gazprom after 2012, stated vice-Minister of Energy Mariy Kosev Tuesday.

Business » Energy | May 10, 2011, Tuesday // 15:33 | Viewed: 1836

Nabucco Pipeline Delayed for 2 Years over Natural Gas Supplies

The much-anticipated EU-sponsored Nabucco gas transit pipeline will be delayed by two years, the Nabucco consortium has announced raised doubts of increasing uncertainty about the project.

Business » Energy | May 6, 2011, Friday // 17:29 | Viewed: 2507