Business » Energy

Bulgaria Sues Russia in Geneva over Belene Project

Bulgaria's state-run power grid operator has tabled a lawsuit in Geneva against Russia's state nuclear company Atomstroyexport over delayed payments on the planned Belene nuclear plant, the energy minister said on Thursday.

Business » Energy | October 6, 2011, Thursday // 15:31 | Viewed: 1880

Philips Unveils First Balkan Peninsula Showroom in Bulgaria

Philips has unveiled its first showroom in Bulgaria and on the Balkans displaying innovative home lighting solutions.

Business » Energy | October 6, 2011, Thursday // 14:35 | Viewed: 1927

Bulgaria Sues Russia over Belene Nuclear Project

Bulgaria's state-run power grid operator has tabled a lawsuit against Russia's state nuclear company Atomstroyexport over delayed payments on the planned Belene nuclear plant, the energy minister said on Thursday.

Business » Energy | October 6, 2011, Thursday // 11:31 | Viewed: 1924

Bulgarian Energy Minister Urges Careful Risk Assessment for Shale Gas Drilling

Bulgarian Minister of Economy, Energy and Tourism Traicho Traikov has conceded that shale gas prospecting implies risks, saying that the aim is to evaluate them correctly so as to keep the dangers to a minimum.

Business » Energy | October 6, 2011, Thursday // 11:03 | Viewed: 1338

ASE: Bulgaria's Belene NPP Project Passes Safety Stress-Test

The project for Bulgaria's second nuclear power plant in Belene has met the international "stress-test" safety requirements, announced Russian state company Atomstroyexport, which is supposed to construct the Belene NPP.

Business » Energy | October 4, 2011, Tuesday // 18:29 | Viewed: 1910

EU Urges Kazakhstan to Join Trans-Caspian Pipeline

The European Union has formally proposed that Kazakhstan join the Trans-Caspian Pipeline project designed to transport Central Asian gas to Europe, European Commissioner Gunther Oettinger said at the opening of the Eurasian forum KAZENERGY in Astana.

Business » Energy | October 4, 2011, Tuesday // 15:13 | Viewed: 3035

OMV Mulls Selling Business in Bulgaria, Eastern Europe - Report

Austrian energy giant OMV is mulling exiting its gas station business in Bulgaria and several other countries in Central and Eastern Europe, a report says.

Business » Energy | October 3, 2011, Monday // 19:11 | Viewed: 2242

Countdown on BA Oil Pipeline's Fate Starts in Bulgaria

Bulgaria's Environment Ministry is expected to decide the fate of the troubled Burgas-Alexandroupolis oil pipeline project within 30 days, as the project company TBP has submitted its environmental impact assessment.

Business » Energy | October 3, 2011, Monday // 18:37 | Viewed: 2235

Bulgaria, Russia Agree on New Nuclear Project Delay

Bulgaria and Russia have reached an agreement to extend the negotiations over Belene nuclear project by another six months as of the beginning of October amidst continuing haggling over its price and feasibility.

Business » Energy | October 3, 2011, Monday // 07:34 | Viewed: 1955

Bulgaria's Gas, Heating Prices Go Up Oct 1

Natural gas, hot water, and central heating have new, higher prices in Bulgaria, effective Saturday.

Business » Energy | October 1, 2011, Saturday // 11:10 | Viewed: 1660

Lukoil License Court Saga in Bulgaria Drags into November

The two trials for Lukoil's suspended tax warehouse operator permits at the Administrative Court Sofia City (ACSC) will continue on November 09.

Business » Energy | September 28, 2011, Wednesday // 17:13 | Viewed: 1763

Premier Power to Build 4 Solar Plants in Bulgaria

Premier Power has officially announced it will build four photovoltaic (PV) power plants totaling 16.

Business » Energy | September 28, 2011, Wednesday // 16:22 | Viewed: 2269

Lukoil President Denies Conflict with Bulgarian Govt over License Suspension

Lukoil President Vagit Alekperov has rejected allegations of a clash with the Bulgarian government, saying that the existing problems lie with technicalities.

Business » Energy | September 27, 2011, Tuesday // 19:29 | Viewed: 1847

Natural Gas Rates in Bulgaria to Add 6.67% Starting October

Natural gas prices will go up by 6.67% to BGN 594.37 per 1000 cu m, VAT excluded,as of October, according to an announcement of Bulgaria's State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | September 27, 2011, Tuesday // 14:20 | Viewed: 1125

Bulgaria Begs Russia for New Nuclear Project Delay

Bulgaria has approached Russia with a request to extend the negotiations over Belene nuclear project by another four months as of October, the economy minister has said.

Business » Energy | September 27, 2011, Tuesday // 12:54 | Viewed: 1762

Bulgaria Shuts 20-Year-Old Kozloduy NPP Reactor for Repairs

One of the two 1000 MW reactors of the Bulgarian nuclear power plant "Kozloduy" has been switched off for repairs, the NPP announced.

Business » Energy | September 26, 2011, Monday // 17:03 | Viewed: 1188

US Ambassador to Bulgaria Urges Impartial, Scientific Approach to Shale Gas

US Ambassador to Bulgaria James Warlick has urged a rational approach to the issue of shale gas, saying that America also faced environmental concerns in relation to the matter.

Business » Energy | September 26, 2011, Monday // 12:17 | Viewed: 1719

Azerbaijan May Start Shipping 1BCM of Natural Gas per Year to Bulgaria

President of Azerbaijan Ilham Aliyev has assured Bulgarian Minister of Economy, Energy and Tourism Traicho Traikov that there is available Azeri gas for Bulgaria apart from the volumes earmarked for the Nabucco pipeline.

Business » Energy | September 22, 2011, Thursday // 12:02 | Viewed: 2128

Iran Wants to Build Oil Refinery on Bulgaria's Black Sea Coast

Iran is interested in building an oil refinery in the Bulgarian Black Sea city of Varna, Iranian Ambassador to Bulgaria Golamreza Bageri Mogadam has announced.

Business » Energy | September 20, 2011, Tuesday // 13:38 | Viewed: 3361

Bulgaria's Energy Watchdog Sets Q4 Gas Price Hike at 8.6%

The price of natural gas in Bulgaria for the fourth quarter will be increased by 8.6%, according to a report of an expert work group of the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | September 20, 2011, Tuesday // 12:32 | Viewed: 1469

Bulgarian EconMin Sets on Caspian Energy Diversification Tour

Bulgaria's Economy and Energy Minister, Traicho Traikov, began Monday a tour of the Caspian and Caucasus region.

Business » Energy | September 19, 2011, Monday // 09:39 | Viewed: 1723