Business » Energy

Bulgaria Decides Fate of Embattled Utilities Head

Bulgaria's energy holding, which groups the country's top energy assets, is expected to decide on Thursday the fate of the National Electric Company head following objections to a deal he signed with Russian partners for a nuclear power plant project.

Business » Energy | April 14, 2011, Thursday // 08:42 | Viewed: 1549

Bulgaria Signs Up Areva to Back Its Nuclear Interests in EU

Bulgaria's Borisov Cabinet has succeeded in becoming closer with Areva, apparently harboring hopes to get the powerful French nuclear corporation to help it protect its nuclear interests in the EU.

Business » Energy | April 13, 2011, Wednesday // 17:42 | Viewed: 1818

Bulgaria, Areva Sign Cooperation Memorandum

The Bulgarian Energy Holding (BEH) and the Areva company signed a cooperation memorandum covering crucial spheres of the country's energy sector on Wednesday.

Business » Energy | April 13, 2011, Wednesday // 17:20 | Viewed: 1929

Bulgarian Energy Minister: No Room for Sulking in Politics

Bulgaria's Minister of Economy and Energy, Traicho Traikov, declared Tuesday the project to build a second Nuclear Power Plant in the Danube town of Belene in Bulgaria was "staying with him.

Business » Energy | April 12, 2011, Tuesday // 11:54 | Viewed: 1822

HSBC Gets EUR 2 M Consulting Contract for Bulgaria's Belene NPP

The Bulgarian government has signed a consulting contract with UK-based company HSBC for the financial analysis for the project for the construction of the Belene nuclear power plant.

Business » Energy | April 12, 2011, Tuesday // 09:08 | Viewed: 2666

Russian Media: Fate of Bulgarian Nuke Plans Decided in London

The fate of Bulgaria's project to build a second Nuclear Power Plant in the Danube town of Belene is going to be decided in London, the Russian daily Kommersant writes Monday.

Business » Energy | April 11, 2011, Monday // 08:14 | Viewed: 1605

Russia-Backed Nuclear Project in Bulgaria 'Pig in a Poke'

The plans for a new Russia-backed nuclear plant in northern Bulgaria aim to help Moscow lay its hands on the energy market, impose a monopoly on the prices and keep them high, a right-winger leader has said.

Business » Energy | April 10, 2011, Sunday // 21:01 | Viewed: 2230

Bulgaria Ministers Make Up, Tie Up N-Plant with Output Price

Bulgaria's government will make up its mind about the future of its second nuclear power plant project in Belene, depending on how profitable the export price of its output will be, the government said on Sunday.

Business » Energy | April 10, 2011, Sunday // 18:17 | Viewed: 1908

Bulgaria Contracts HSBC on Belene Nuclear Project Monday

The Bulgarian Energy Holding will sign on Monday a contract with HSBC, one of UK's biggest banks, for consultancy services, to help it decide how to proceed and attract new investors for the planned Belene nuclear power plant.

Business » Energy | April 10, 2011, Sunday // 17:06 | Viewed: 2114

Borisov: Northwest Bulgaria Eager for Belene Nuclear Plant

Northwestern Bulgaria, the poorest EU region, is eager for the construction of the vastly troubled Belene nuclear power plant, according to Bulgarian Prime Minister Boyko Borisov.

Business » Energy | April 8, 2011, Friday // 20:35 | Viewed: 2018

Bulgarian EconMin Shows No Regrets over Belene NPP Scandal

Bulgaria's Minister of Economy and Energy Traicho Traikov has said he "stays behind his words and actions" after "firing" the National Electric Company head for signing an annex to the agreement with the Russian side on the country's Belene NPP.

Business » Energy | April 8, 2011, Friday // 14:50 | Viewed: 1649

Bulgaria PM Fuels Suspicions of Strong Ties with Oil Oligarch

Bulgaria's prime minister has run, yet one more time, to the defense of the head of Lukoil Bulgaria, owner of the only oil refinery in the country, Valentin Zlatev, widely considered to be the back seat ruler.

Business » Energy | April 8, 2011, Friday // 14:36 | Viewed: 2320

Gloating Russian Media: Bulgaria PM on Our Side of The Fence

The scandal, which shattered the Bulgarian government, following the signing of an agreement with Rosatom Corp on Belene nuclear power plant, is close to a beneficial for Russia resolution, according to local media.

Business » Energy | April 7, 2011, Thursday // 15:10 | Viewed: 1397

Price of Bulgaria's Nuclear Plant Not Subject to Moscow Talks

The issue with the price of the project to build a second Nuclear Power Plant in the town of Belene in Bulgaria has not been discussed in Moscow Wednesday evening at the meeting of the Bulgarian-Russian Inter-Governmental Commission for Trade, Economic, S

Business » Energy | April 7, 2011, Thursday // 12:06 | Viewed: 1524

Bulgaria Power Utility Chief: Contract with Russia Not Binding

Krasimir Parvanov, head of Bulgaria's National Electricity Co. who was fired and reinstated after signing an agreement with Rosatom Corp, claims the document is not legally binding.

Business » Energy | April 7, 2011, Thursday // 10:46 | Viewed: 1398

Russia Pushes Bulgaria for Progress on Burgas-Alexandroupolis Pipeline

Russian Energy Minister Sergey Shmatko has renewed calls for Bulgaria to take measures in order to push ahead the project for the construction of the Burgas-Alexandroupolis oil pipeline.

Business » Energy | April 7, 2011, Thursday // 08:31 | Viewed: 1833

Traikov, Russians Play It Cool in Moscow despite Bulgaria's Belene NPP Scandal

Bulgaria's Economy Minister Traicho Traikov and Russian Energy Minister Sergey Shmatko have not demonstrated any agitation over the scandal that shook the Bulgarian government regarding the Bulgarian-Russian talks for the Belene NPP.

Business » Energy | April 7, 2011, Thursday // 00:58 | Viewed: 1410

Borisov, Djankov Reverse Belene NPP Scandal, EconMin on the Defensive

The scandal that shook Tuesday night the Bulgarian government over the latest agreements signed with Russia for the Belene nuclear power plant has seen a dramatic twist on Wednesday.

Business » Energy | April 6, 2011, Wednesday // 21:42 | Viewed: 1411

Bulgarian FinMin Seeks to Quell Govt Conflict over Belene NPP Scandal

Bulgarian Finance Minister Simeon Djankov believes there is no conflict in the Bulgarian government even though the Cabinet has been shaken by a scandal over the talks with Russia for the Belene NPP.

Business » Energy | April 6, 2011, Wednesday // 21:06 | Viewed: 1260

EC to Stage All-Out Probe of Bulgaria's Belene Nuclear Project by 2011 End

The European Commission is going for an all-out review of the legal and safety framework of Bulgaria's already big time troubled Belene nuclear power plant project, including over the seismic risk.

Business » Energy | April 6, 2011, Wednesday // 20:06 | Viewed: 1705

Bulgaria's EconMin Dealt 2 Blows over Belene NPP Scandal

Bulgaria's Minister of Economy, Energy and Tourism, Traicho Traikov, has received a final warning from the country's PM, Boyko Borisov over pledging he will fire the head of the National Electrical Company (NEK).

Business » Energy | April 6, 2011, Wednesday // 17:44 | Viewed: 1585