Business » Energy

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

Turkey to Build Its 3rd Nuclear Power Plant on Bulgarian Border

Turkey plans to construct a nuclear power plant right on the Bulgarian border in the region of Eastern Thrace, virtually on the Black Sea coast.

Business » Energy | April 6, 2011, Wednesday // 16:36 | Viewed: 9885

Ousted Bulgarian NEK Director Denies Wrongdoing

Bulgaria's Deputy Prime Minister and Finance Minister, Simeon Djankov, had been appraised of all details and had approved the final version of annex 12, signed Tuesday by the Bulgarian National Electric Company, NEK, and the Russian "Atomstroyexport.

Business » Energy | April 6, 2011, Wednesday // 14:52 | Viewed: 1399

Bulgarian Parliament Holds Energy Minister Hearing over Belene

Bulgaria's Minister of Economy and Energy, Traicho Traikov, is going to appear in plenary hall Wednesday to inform the Members of the Parliament about contracts signed with Russia for the project to build a second Nuclear Power Plant, NPP, in the Dan

Business » Energy | April 6, 2011, Wednesday // 11:56 | Viewed: 1426

Bulgarian Opposition Demands Urgent Explanation on Belene Blunder

Bulgaria's right-wing Blue Coalition demanded Wednesday to urgently summon to the Parliament Economy and Energy Minister, Traicho Traikov, and Prime Minister, Boyko Borisov, to explain the latest energy blunder.

Business » Energy | April 6, 2011, Wednesday // 10:41 | Viewed: 1615

Russian Ambassador: Bulgarian Minister Too Emotional on Belene Nuclear Plant

The Russian Ambassador to Sofia, Yuriy Isakov, has stated late Tuesday that the project to build a second Nuclear Power Plant, NPP, in the Danube town of Belene is of strong interest for Bulgaria.

Business » Energy | April 6, 2011, Wednesday // 08:18 | Viewed: 1684

Rosatom: Bulgaria Committed to Sign EPC Contract by June 1

Russia and Bulgaria will sign until June 1 an engineering, procurement and construction (EPC) contract for building a nuclear power plant at Belene, in the north of the Balkan country, a representative of Rosatom said.

Business » Energy | April 5, 2011, Tuesday // 21:02 | Viewed: 1915

Rosatom Denies Bulgaria Nuclear Plant Frozen

Rosatom has not taken a decision to freeze the Belene plant, a spokesman for the company said in Moscow on Tuesday.

Business » Energy | April 5, 2011, Tuesday // 20:12 | Viewed: 1464

Russia Bullies Bulgaria over Belene N-Plant - Right-Wingers

Russia is piling up huge pressure on Bulgaria to convince it into building Belene nuclear power plant and Tuesday's controversial agreement is yet another proof of that, according to the leader of the country's biggest right-wing party.

Business » Energy | April 5, 2011, Tuesday // 19:45 | Viewed: 1724

Bulgaria Commits Major Blunder in Nuclear Talks with Russia, NEK CEO Fired

Bulgaria's Economy Minister Traicho Traikov has fired the head of the National Electric Company NEK Krasimir Parvanov over a blunder in the negotiations with Russian company Rosatom for the construction of the Belene NPP.

Business » Energy | April 5, 2011, Tuesday // 18:25 | Viewed: 2010

Bulgaria, Russia Strike Deal on Belene Nuclear Plant Negotiations

Bulgarian National Electric Comany and Russian Atomstroyexport have reached a deal Tuesday to extend their negotiations on the planned Belene NPP.

Business » Energy | April 5, 2011, Tuesday // 17:50 | Viewed: 1635

Bulgarian EconMin: Belene NPP in Legal Vacuum, Might Be Frozen

The Belene NPP has fallen into a legal vacuum and any developments might be frozen for 3 months, announced Bulgarian Minister of Economy and Energy Traicho Traikov Tuesday.

Business » Energy | April 5, 2011, Tuesday // 12:59 | Viewed: 1210

Gas de France May Invest EUR 100 M in Bulgarian Biomass

The French energy giant Gas de France Suez considers investing EUR 100 M in Bulgarian biomass plants, the country's Agriculture Minister Miroslav Naydenov announced Monday.

Business » Energy | April 4, 2011, Monday // 18:25 | Viewed: 1790

Bulgaria Govt Urged to List Belene N-Plant on Stock Exchange

Bulgaria's government should list on the stock exchange the new company for the second nuclear power plant at Belene to test the economic viability of the controversial project, the chairman of the country's energy forum has suggested.

Business » Energy | April 4, 2011, Monday // 14:39 | Viewed: 1501

Minister: Ukraine Works Against South Stream

The South Stream natural gas pipeline project is not in the best interest of Ukraine and the country is working against it, according to Ukrainian Minister of Energy Yuriy Boyko.

Business » Energy | April 2, 2011, Saturday // 10:21 | Viewed: 1788

Bulgaria's Kozloduy NPP with Record Electricity Production in 2011 Q1

Bulgaria's only operational nuclear power units in the Kozloduy plant have registered their largest quarterly production of electricity in their history in January-March 2011.

Business » Energy | April 1, 2011, Friday // 16:42 | Viewed: 1690

'Last-Minute' Bulgaria-Russia Talks on Belene Nuclear Plant Drag On

The last-minute talks between Bulgaria's NEK and Russia's Rosatom over the fate of the Belene nuclear plant project, which were supposed to be concluded Thursday night, have dragged on.

Business » Energy | April 1, 2011, Friday // 16:28 | Viewed: 1923

Bulgaria Sees 48% Increase in Natural Gas Production Dec 2010

Bulgaria's production of natural gas in December 2010 compared to November 2010 increased by 48.

Business » Energy | April 1, 2011, Friday // 12:21 | Viewed: 1566

Sofia Municipality Eyes Bulgarian Govt's Stake in CEZ Power Utility

Sofia Municipality intends to start talks with Bulgaria's Economy Ministry in order to acquire the state minority stake in CEZ Electrorazpredelenie, the power utility supplying electricity to Sofia and Western Bulgaria.

Business » Energy | March 31, 2011, Thursday // 20:09 | Viewed: 1623

AES Launches Bulgaria's Galabovo TPP in April

US energy giant AES is going to launch its Bulgarian thermal power plant AES Galabovo by the end of April, after a delay of several months, but only with a part of its total capacity.

Business » Energy | March 31, 2011, Thursday // 17:11 | Viewed: 3589

Bulgaria, Russia Go for 3-Month Moratorium in Tangled Last-Minute Talks on Belene NPP

Bulgarian and Russian state companies are rushing for a last-ditch effort in negotiations for the fate of the Belene nuclear power plant project on March 31, the day when their previous agreement expires.

Business » Energy | March 31, 2011, Thursday // 14:49 | Viewed: 2083