Business » Energy

Bulgarian Govt Grants New 'Final' Extension on BA Oil Pipeline

The Bulgarian government has granted Trans-Balkan Pipeline, a Bulgarian-Greek-Russian project company, another extension on the environmental assessment of the Burgas-Alexandroupolis oil pipeline project.

Business » Energy | August 22, 2011, Monday // 16:08 | Viewed: 2290

Bulgarian Customs Agency Head Should Go to Jail for Lukoil Fiasco - Ex Interior Minister

Former Interior Minister MP Rumen Petkov has accused Customs Agency head Vanyo Tanov of participating in top-level smuggling schemes.

Business » Energy | August 22, 2011, Monday // 13:30 | Viewed: 2117

Bulgarian Customs Agency Inspects Lukoil on Suspicions of Tax Evasion

Bulgaria's Customs Agency is checking whether Lukoil Neftochim is being siphoned off by its subsidiary Litasco, which controls volumes entering and exiting the oil refinery.

Business » Energy | August 22, 2011, Monday // 13:24 | Viewed: 2125

Bulgarian Customs Head: Lukoil Has Tax Problems, Gets Better

Lukoil Bulgaria has been chronically failing to adequately pay its taxes, according to Bulgarian Customs Agency head Vanyo Tanov.

Business » Energy | August 21, 2011, Sunday // 17:28 | Viewed: 2061

Lukoil Bulgaria Brags about Complying with 'One Third' of Law

Nearly one third (30%) of the electronic measuring devices, required by law, have been already installed by Lukoil Neftohim Burgas.

Business » Energy | August 20, 2011, Saturday // 17:03 | Viewed: 1894

Bulgaria Still Hopeful for Belene NPP despite Counter Suits with Russia

Even though it is tangled in counter-suits with Russia, Bulgaria's government still hopes that the talks for the Belene nuclear power plant project have a future, Mihail Andonov, head of the Bulgarian National Electric Company NEK has indicated.

Business » Energy | August 19, 2011, Friday // 16:10 | Viewed: 1884

Bulgaria Moves to Sue Russia as Belene NPP Ultimatum Expires

Russian state company Atomstroyexport has failed to comply with the ultimatum issued by Bulgaria's National Electric Company NEK, with the latter now moving to suit the former over unsettled equipment claims for the Belene NPP project.

Business » Energy | August 18, 2011, Thursday // 17:26 | Viewed: 1691

Bulgaria: Russian Roadmap for Belene NPP Non-Binding, Focus on Talks!

Bulgaria's National Electric Company NEK has responded to Russia's Atomstroyexport that the roadmap the Russians proposed for the troubled Belene nuclear plant project cannot be accepted as a legally binding document.

Business » Energy | August 17, 2011, Wednesday // 18:37 | Viewed: 2031

Bulgaria Justifies Melrose Hopes for Output Gains

Days after Edinburgh-based oil and gas explorer Melrose Resources abandoned a well on the Galata block in the western Black Sea, offshore Bulgaria, good financial results justified its decision to press ahead with its plans in the Balkan country.

Business » Energy | August 17, 2011, Wednesday // 17:54 | Viewed: 1932

Bulgaria Ex Envoy in Moscow: Borisov, Exit Belene in Peace!

The best thing Sofia and Moscow can do is give up their court battles over Belene nuclear project and draw the curtain on it peacefully, Bulgaria's former ambassador to the Russian capital has said.

Business » Energy | August 13, 2011, Saturday // 14:17 | Viewed: 2181

Bulgaria's Gas Supplier Predicts 20% Price Hike in Q4

The price of natural gas will go up 20% in the beginning of October, according to preliminary estimates of Bulgargaz.

Business » Energy | August 12, 2011, Friday // 15:36 | Viewed: 1541

Melrose Abandons Kaliakra East-1 Well in Bulgaria

Edinburgh-based oil and gas explorer Melrose Resources has abandoned a well on the Galata block in the western Black Sea, offshore Bulgaria, but is pressing ahead with its plans.

Business » Energy | August 12, 2011, Friday // 15:23 | Viewed: 1464

Lukoil Reduces Retail Fuel Prices in Bulgaria

Lukoil has reduced retail fuel prices at its filling station chain in Bulgaria.

Business » Energy | August 12, 2011, Friday // 11:18 | Viewed: 1386

Contract Gives Start to Bulgaria-Greece Gas Interconnection

A contract signed Thursday has become a "decisive" first step for the construction of the natural gas grid interconnection between Bulgaria and Greece, the Bulgarian Energy Holding announced.

Business » Energy | August 11, 2011, Thursday // 17:17 | Viewed: 2881

Lukoil Bulgaria Downs Fuel Prices, Far from Enough

Dominant fuel seller Lukoil Bulgaria decreased on Thursday petrol and diesel prices by some 2%, turning a blind eye to the much sharper drop in crude oil costs on global markets.

Business » Energy | August 11, 2011, Thursday // 13:58 | Viewed: 1540

Russia Offers Bulgaria 14th Extension of Belene Nuclear Plant Contract

Russia's Atomstroyexport, a subsidiary of state nuclear corporation Rosatom, has offered Bulgaria a new extension of the contract for the construction of the Belene nuclear power plant, amidst continuing haggling over the project's price.

Business » Energy | August 11, 2011, Thursday // 12:21 | Viewed: 2257

Bulgaria, Russia Get Tangled in Talks on Delayed Belene NPP Payments

Bulgaria and Russia have started negotiations on their claims for one another over delayed payments for equipment for the Belene nuclear power plant, parallel to the general talks on the fate of the troubled project.

Business » Energy | August 10, 2011, Wednesday // 13:09 | Viewed: 2140

Bulgarian Supreme Court to Rule on Lukoil License Case

Bulgaria's Supreme Administrative Court (VAS) is expected to rule Wednesday on the revocation of Lukoil Bulgaria's license to operate excise storage facilities.

Business » Energy | August 10, 2011, Wednesday // 11:10 | Viewed: 1657

TransAtlantic with Q2 Loss, Seeks Partners for Bulgarian Assets

TransAtlantic Petroleum, which recently acquired 100% of Direct Petroleum Bulgaria, has registered a larger than expected loss in the second quarter of 2011.

Business » Energy | August 10, 2011, Wednesday // 10:47 | Viewed: 1803

Bulgaria's Natural Gas Consumption, Output Grew in 2010 - Bulgargaz

Bulgaria's consumption of natural gas grew by 2% in 2010 compared with 2009, according to the newly released financial report of state company Bulgargaz.

Business » Energy | August 10, 2011, Wednesday // 08:41 | Viewed: 1238

WikiLeaks: Bulgaria, US Mulled New Refinery to Rival Neftochim

Bulgarian and American officials discussed two years ago the construction of a new, mid-sized oil refinery to compete with Neftochim, controlled by Russia's giant Lukoil, diplomatic cables, revealed by WikiLeaks, show.

Business » Energy | August 9, 2011, Tuesday // 18:21 | Viewed: 7563