Business » Energy

Gazprom Prepares Romania's South Stream Accession in 2011

Russian energy company Gazprom and Romania's Transgas have signed a memorandum considered the last step before Romania formally joins the South Stream gas transit pipeline.

Business » Energy | October 13, 2010, Wednesday // 20:08 | Viewed: 2013

Bulgarian Govt to Shut Tycoon's Power Plant

Bulgaria's government is unyielding in its intention to shut down a major thermal power plant owned by energy tycoon Hristo Kovachki.

Business » Energy | October 13, 2010, Wednesday // 18:31 | Viewed: 2466

Minister: Serbia Eager to Invest in Bulgaria's Belene NPP

Serbia is eagerly expecting a formal proposal on the part of the Bulgarian government to invest in the Belene NPP project, stated Serbian Minister of Energy Petar Skundric.

Business » Energy | October 12, 2010, Tuesday // 18:56 | Viewed: 1415

Gazprom CEO Miller to Visit Bulgaria

Gazprom CEO Alexei Miller will visit Bulgaria Friday to discuss delivery of Russian natural gas and the future South Stream gas pipeline project.

Business » Energy | October 12, 2010, Tuesday // 17:01 | Viewed: 1239

Bulgaria Extends NPP Contract with Russian Atomstroyexport

Bulgaria has extended by six months the contract with Russian company Atomstroyexport for the construction of stalled Belene NPP, confirming earlier reports.

Business » Energy | October 12, 2010, Tuesday // 16:29 | Viewed: 1288

US Investor Eyes Bulgaria's Used Nuclear Fuel

There is a major US investor, interested in becoming involved in activities related to the processing of used nuclear fuel in Bulgaria, American Ambassador, James Warlick, says.

Business » Energy | October 12, 2010, Tuesday // 14:35 | Viewed: 1187

No Relief for Wind Parks as Bulgarian Watchdog Stops Power Line Tender

Bulgaria's Competition Protection Agency has terminated a tender for a new type of power line that was supposed to alleviate the insufficient transit capacity in the Northeast.

Business » Energy | October 11, 2010, Monday // 20:51 | Viewed: 2072

Russian Press: Bulgaria 'the Problematic' Country for South Stream

Bulgaria is the country which was named as problematic for the realization of the South Stream gas transit pipeline mentioned by Italian PM Berlusconi in St. Petersburg on Saturday.

Business » Energy | October 11, 2010, Monday // 16:02 | Viewed: 1910

Bulgaria to Extend N-Plant Contract with Atomstroyexport - Report

Bulgaria's contract with Russia's Atomstroyexport, commissioned to build the planned 2,000 megawatt Belene nuclear plant on the Danube River, which has stalled over lack of funding, will be extended by six months, reports say.

Business » Energy | October 10, 2010, Sunday // 20:03 | Viewed: 2093

Putin, Berlusconi Inspired by Prospects of Germany Joining South Stream

The Prime Ministers of Russia and Italy, Vladimir Putin and Silvio Berlusconi, have paved the way for German companies to join the South Stream gas transit pipeline.

Business » Energy | October 9, 2010, Saturday // 19:32 | Viewed: 2706

Mitschek: Nabucco to Get Enough Gas in 2015

The EU-sponsored gas transit pipeline Nabucco has achieved much progress so far, Reinhard Mitschek, Managing Director of Nabucco Gas Pipeline International GmbH said for (Sofia News Agency).

Business » Energy | October 8, 2010, Friday // 20:32 | Viewed: 1817

JKX Oil and Gas Abandons Well in Eastern Bulgaria

Britain's JKX Oil & Gas, the operator of the B1-Golitza license in Bulgaria, announced it has plugged and abandoned the Staro Oryahovo South R-01 exploration well in the eastern part of the country.

Business » Energy | October 8, 2010, Friday // 15:20 | Viewed: 1616

RWE: Nabucco Decision No Earlier than 2011

German utility RWE AG Friday said a decision on whether to invest in the European Union-backed Nabucco natural gas pipeline will be made only in 2011.

Business » Energy | October 8, 2010, Friday // 13:46 | Viewed: 1388

US Company Lands Permit for Shale Gas Prospecting in Bulgaria

The Bulgarian government has formally approved a 5-year concession for oil and gas prospecting in a 400 area in northeast Bulgaria for North American company Park Place Energy Corp.

Business » Energy | October 7, 2010, Thursday // 15:33 | Viewed: 2175

Inter RAO to Acquire Enel's Bulgaria Coal-Fired Plant - Report

Russia's state power trader Inter RAO has been tipped as the most likely buyer of a majority stake in Bulgaria's Maritsa East 3 coal-fired power plant, controlled by Italy's Enel SpA, according to reports.

Business » Energy | October 7, 2010, Thursday // 15:26 | Viewed: 1723

Bulgaria Gets Crucial Environment Assessment of Oil Pipeline

Bulgaria's environment ministry has received an environment assessment study of the planned Burgas-Alexandroupolis oil pipeline and is expected to rule on it in a month.

Business » Energy | October 6, 2010, Wednesday // 13:57 | Viewed: 1576

Sofia Heating Utility Ready to Enter Winter Mode

The heating utility in Bulgaria's capital Sofia "Toplofikatsiya" announces Tuesday they are ready to provide heat to customers if the latter so desire.

Business » Energy | October 5, 2010, Tuesday // 17:28 | Viewed: 1485

Bulgaria Pushes Nabucco Forward after Talks with Turkey, Georgia

Bulgaria has coordinated its position on the Nabucco gas transit pipeline with Turkey and Georgia, and will be seeking further support from the EU to accelerate the project.

Business » Energy | October 4, 2010, Monday // 20:43 | Viewed: 2413

Bulgaria to Start Exporting Electricity to Turkey Once Again

Bulgaria should be able to start exporting electricity to Turkey end of October, the energy ministers of the two countries agreed in Sofia.

Business » Energy | October 4, 2010, Monday // 20:19 | Viewed: 2070

Bulgaria Negotiates Transit of Azerbaijan Gas with Georgia

Bulgaria is in negotiations with Georgia for the transit of 2 billion cubic meters of natural gas from Azerbaijan.

Business » Energy | October 4, 2010, Monday // 19:51 | Viewed: 1443

S&P Downgrades Bulgaria Electricity Utility Rating

Standard&Poor's Ratings Services announced it has lowered the corporate credit rating on Bulgaria-based National Electricity Utility NEK.

Business » Energy | October 2, 2010, Saturday // 18:18 | Viewed: 1456