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Business » Energy

Bulgaria Fines Austrian Utility EVN

Bulgaria's anti-trust watchdog has imposed BGN 337,347 fine on Austrian utility EVN for an alleged abuse of its dominant position on the electricity market, it said on Tuesday.

Business » Energy | June 8, 2010, Tuesday // 15:03 | Viewed: 1251

Tishman Hosts Round Table on Bulgarian Nuclear Projects

The Los Angeles based, leading real estate company, Tishman International, hosted Monday a round table titled: Nuclear Energy, Economy and Market Situation, Perspectives.

Business » Energy | June 7, 2010, Monday // 19:09 | Viewed: 1512

Bulgarian State Gas Company to Request Price Hike

The Bulgarian state gas company Bulgargaz is going to request a substantial raise in price of "at least 23%" before the end of this month.

Business » Energy | June 7, 2010, Monday // 13:41 | Viewed: 1333

Bulgaria Draws Hefty Dividend from EVN Power Utility

The Bulgarian State will draw a BGN 1.65 M dividend for 2009 from the power utility EVN, the company informs Wednesday.

Business » Energy | June 2, 2010, Wednesday // 19:15 | Viewed: 1763

Bulgarians Face Heating Price Hike

The hot water price for Bulgarian consumers, who use central heating in their homes, is going up between 10% and 35%, beginning July 1.

Business » Energy | June 1, 2010, Tuesday // 15:56 | Viewed: 1466

Bulgaria PM, Stock Exchange Reps Discuss Floating Stakes

The management of the Bulgarian Stock Exchange is expected to confer with the prime minister this week to discuss the privatization of shares in state-owned companies to enliven the local stock exchange and boost revenues.

Business » Energy | May 31, 2010, Monday // 15:08 | Viewed: 1327

Bulgarian Power Utility CEZ Takes Up 69 New Projects

Czech-owned electricity distribution company CEZ has announced the investment of BGN 4 M in 69 new energy projects in Western Bulgaria.

Business » Energy | May 30, 2010, Sunday // 12:57 | Viewed: 1458

Greens MEP: Bulgaria's Belene NPP Extremely Dangerous

Bulgaria's second nuclear power plant must not be built because it is too dangerous, according to the Co-Chair of the Greens EP Group, Rebeca Harms.

Business » Energy | May 28, 2010, Friday // 18:20 | Viewed: 1648

Bulgaria Seeks to Attract US Companies for Coal Seam Gas Drilling

Bulgaria is seeking US investors for coal seam gas drilling, announced Economy Minister Traicho Traikov after his meeting with Juan Verde, US Deputy Assistant Secretary of Commerce.

Business » Energy | May 28, 2010, Friday // 17:07 | Viewed: 2250

Bulgargaz Denies Conflict with Russian Gas Supply Intermediary

State-owned gas company Bulgargaz has denied being in conflict with Overgas, the major intermediary in the supply of natural gas in Bulgaria.

Business » Energy | May 28, 2010, Friday // 16:12 | Viewed: 4165

AES Eyes Enel Stake in Bulgaria Thermal Plant

AES Corp., the US power producer with operations in more than two dozen countries, is interested in acquiring Enel’s stake in the Bulgaria’s Maritsa East 3 coal-fired power plant.

Business » Energy | May 28, 2010, Friday // 12:27 | Viewed: 1761

Overgas Snubs State-Owned Bulgargaz in Contract Negotiations

Overgas is not negotiating a new contract with Bulgargaz because it considers the the State company a parasite structure, the Ovegas CEO, Sasho Donchev, told reporters Thursday.

Business » Energy | May 27, 2010, Thursday // 19:47 | Viewed: 2106

Italy's Enel Denies Interest in Bulgaira's Belene Nuclear Plant

Italy's largest energy utility Enel has denied the announcements that it has shown interest in investing in Bulgaria's second nuclear power plant Belene.

Business » Energy | May 25, 2010, Tuesday // 15:08 | Viewed: 2178

Italgen Buys Bulgarian Wind Unit

Italgen, the energy generation arm of Italian cement giant Italcementi, has acquired a 49% stake in Gardawind, the owner of two Bulgarian wind farms with total capacity of 18 MW, the company announced.

Business » Energy | May 25, 2010, Tuesday // 13:20 | Viewed: 1488

Lukoil Says Invested in Bulgaria Refinery USD 1 B

Lukoil, Russia's largest non-state oil producer, announced it has invested USD 1 B into an upgrade in its Bulgarian refinery Lukoil Neftochim Burgas to meet EU requirements.

Business » Energy | May 25, 2010, Tuesday // 10:57 | Viewed: 1782

UK JKX Secures Weatherford Rig for Drilling in Bulgaria

Britain's JKX Oil & Gas, the operator of the B1-Golitza license in Bulgaria, has signed on a CCC-500 drilling unit through Weatherford for two wells in Bulgaria’s onshore B1-Golitza Block, the company announced.

Business » Energy | May 25, 2010, Tuesday // 08:26 | Viewed: 2172

IBM to Help Bulgarians Monitor Energy Use

In a 30-month research project geared specifically for the UK and Bulgaria, energy consultant Hildebrand installed small energy monitors at different homes in five European cities.

Business » Energy | May 23, 2010, Sunday // 12:12 | Viewed: 1413

IFC Plans EUR 59 M Package for Bulgaria Solar Project

The International Finance Corp. (IFC) is planning to offer a package of EUR 59 M to the French based firm EDF Energies Nouvelles SA for the construction of a solar energy project in South Bulgaria.

Business » Energy | May 22, 2010, Saturday // 11:25 | Viewed: 1924

Bulgaria Businesses Set to Avoid UN Carbon Trading Ban

The Bulgarian Environment Ministry has advised businesses to avoid the upcoming ban on carbon trading by recording their surplus for 2009 in the register of another European country.

Business » Energy | May 21, 2010, Friday // 18:18 | Viewed: 1847

British, Austrian Utilities Eye Enel Stake in Bulgaria Thermal Plant

British utility International Power and Austria's EVN have shown interest in acquiring the majority stake of Italian energy giant Enel in Maritsa East 3, a Bulgarian coal-fired plant with a capacity of 908 megawatts, reports say.

Business » Energy | May 21, 2010, Friday // 13:00 | Viewed: 1975

Bulgaria Confirms Break up of Energy Mega Structure

Bulgaria's center-right government has confirmed plans to dissolve a mega-structure, which groups all big state-owned energy firms.

Business » Energy | May 21, 2010, Friday // 11:10 | Viewed: 1520
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