Business » Energy

Bulgaria Needs Different Sources for Gas Price Drop

The price of natural gas might drop by 16% but only if Bulgaria managed to diversify its sources, according to the Balkan and Black Sea Oil and Gas Association.

Business » Energy | August 23, 2010, Monday // 14:50 | Viewed: 1610

Nabucco to Get Gas through Georgia, Iraq

The Nabucco pipeline project has modified its gas supply concept to include two feeder pipelines leading to Turkey – one from Georgia and one from Iraq.

Business » Energy | August 23, 2010, Monday // 13:33 | Viewed: 2613

Bulgaria's Power Utility CEZ to Improve Power Supply in Sofia

The Czech-owned power utility CEZ is planning to invest more than BGN 1 M for improving the quality of power supply in the region of Sofia and in Southwestern Bulgaria.

Business » Energy | August 22, 2010, Sunday // 20:04 | Viewed: 1630

Shut-down Looms for Bulgaria's Nuclear Safety Institute

Russia will sue Bulgaria over unpaid USD 1.35 M owed for the removal of used nuclear fuel, according to Prof. Yordan Stamenov, Director of the Institute for Nuclear Research and Nuclear Energy (INRNE) at the Bulgarian Academy of Sciences.

Business » Energy | August 21, 2010, Saturday // 16:10 | Viewed: 2055

Bulgaria Eyes HSBC, Societe Generale, Rothschild for Belene N-Plant Consultant

HSBC, Societe Generale and Rothschild have been shortlisted in the tender for a financial consultant of Bulgaria's planned Belene nuclear power plant, the country's energy holding announced.

Business » Energy | August 20, 2010, Friday // 19:06 | Viewed: 3631

Major Wind Power Investment Looming for Northeastern Bulgaria

The German-Bulgarian company SRS Bulgaria will invest close to BGN 500 M to create a wind power park nearby the town of General Toshevo in northeastern Bulgaria.

Business » Energy | August 20, 2010, Friday // 15:00 | Viewed: 2645

Bulgarian Authorities, Utilities to Mull Black Sea Electricity Blackout

Bulgaria's finance minister Simeon Djankov, Burgas region governor Konstantin Grebenarov and representatives of EVN and NEK utilities are to discuss Friday the power blackouts that left towns and thousands of tourists in the dark.

Business » Energy | August 19, 2010, Thursday // 15:52 | Viewed: 1812

Bulgaria's Power Utility CEZ to Invest in Key Cables Replacement

The Czech-owned power utility CEZ, servicing western Bulgaria, has announced that it will provide BGN 240 000 for renovation of the electricity distribution network in the town of Samokov.

Business » Energy | August 19, 2010, Thursday // 15:27 | Viewed: 1970

Bulgarian Power Utility CEZ Vows No Blackouts in Winter Resorts

The Czech-owned power utility CEZ has announced that there will be no power outages at the Bulgarian winter resorts in the territory served by the company.

Business » Energy | August 19, 2010, Thursday // 14:39 | Viewed: 1685

Rosatom: Ball on Belene NPP Is in Bulgaria's Court

Russia has provided the Bulgarian side with all data and documentation for the go-ahead of the project to build a second Nuclear Power Plant (NPP) in the Danube town of Belene, the Russian news agency Interfax reports Thursday.

Business » Energy | August 19, 2010, Thursday // 13:29 | Viewed: 1955

Bulgaria's Energy Watchdog: Gas Price Might Go Down

The Head of the Bulgarian State Commission for Energy and Water Regulation (DKEVR), Angel Semerdzhiev, stated there is a possibility to lower gas prices in the country during the third and fourth quarter of 2010.

Business » Energy | August 19, 2010, Thursday // 09:35 | Viewed: 1570

Bulgaria Watchdog: National Electric Co, EVN Guilty of Power Problems

The Bulgarian energy watchdog has decided that both the National Electric Company (NEK) and the Austria-owned power utility EVN were responsible for the problems with electric supply to the southern Black Sea coast.

Business » Energy | August 18, 2010, Wednesday // 18:40 | Viewed: 2182

Melrose Resources Opens New Fields in Bulgaria in Sept

British oil and gas explorer Melrose Resources announced it expects to receive a boost when the first of two Bulgarian fields begins production in September.

Business » Energy | August 18, 2010, Wednesday // 14:26 | Viewed: 2301

Bulgaria's Bulgargaz Mulls New 3% Gas Price Hike

The Bulgarian gas supplier Bulgargaz forecasts a 3% price increase in the beginning of October 2010, according to a company letter sent to Bulgarian media Tuesday.

Business » Energy | August 17, 2010, Tuesday // 20:55 | Viewed: 1301

Bulgarian Electric Co, EVN Exchange Blows over Resort Blackouts

The Bulgarian National Electric Company (NEK) attacked Tuesday the Austrian-owned power utility EVN, saying the problems with electric supply to the southern Black Sea coast are the latter's fault.

Business » Energy | August 17, 2010, Tuesday // 16:06 | Viewed: 1571

Melrose Upbeat on Bulgarian Gas Fields Production

British oil and gas explorer Melrose Resources reported a 30% rise in half yearly pre-tax profit, helped by higher oil prices, and said it expects to reveal increased production from its Bulgarian gas fields.

Business » Energy | August 17, 2010, Tuesday // 14:18 | Viewed: 1759

Bulgaria's CEZ Power Utility Attempts to Counter Overdue Bills

The Czech-owned power utility CEZ, servicing western Bulgaria, remind Monday they offer their customers the option to temporarily disconnect the electric supply of those who will be away from home for an extended period of time.

Business » Energy | August 16, 2010, Monday // 13:09 | Viewed: 1118

Bulgaria Eyes Azerbaijani Natural Gas Supply

Bulgaria, Georgia, and Azerbaijan will sign by September 24 an agreement for a preliminary research of possibilities for gas supply to Bulgaria.

Business » Energy | August 16, 2010, Monday // 09:17 | Viewed: 3025

Bulgarian Black Sea Coast Experiences Latest Blackout

The southern Bulgarian Black Sea coast continues to experience problems with the electric power supply, turning everyday life and vacation into an ordeal for thousands of residents and visitors.

Business » Energy | August 16, 2010, Monday // 08:14 | Viewed: 1655

Turkmenistan Offers Oil Drilling to US, Musters Chinese Money

Gas-rich former Soviet republic of Turkmenistan extended offers for drilling to major American gas and oil companies, according to an announcement by the Turkmen National Television.

Business » Energy | August 15, 2010, Sunday // 19:23 | Viewed: 2778

CEZ Invests in Bulgarian Mountain Resort Ribaritsa

Czech electric power utility CEZ announced a BGN 0.5 M investment in infrastructure in the resort village Ribaritsa in the Stara Planina mountains in central Bulgaria.

Business » Energy | August 15, 2010, Sunday // 18:02 | Viewed: 1714