Business » Energy

Bulgaria PM Breaks Ground for New Cogeneration Plant

Bulgaria's Prime Minister Boyko Borissov and Lower Austria Governor Erwin Proell will break ground for a new co-generation facility in Plovdiv, Southern Bulgaria.

Business » Energy | September 13, 2010, Monday // 10:00 | Viewed: 1441

Bulgarian Economy Minister Heads for World Energy Congress in Montreal

Bulgaria's Minister of Economy, Energy, and Tourism, Traicho Traikov, is taking part in the 21st World Energy Congress in Montreal, Canada.

Business » Energy | September 12, 2010, Sunday // 12:38 | Viewed: 1621

Macedonia Wants to Become Gas Transit Center, Eyes Nabucco

Authorities in Macedonia are seriously looking into opportunities for the country to join Nabucco, according to Minister of Economy Fatmir Besimi, quoted by Macedonian daily Vecer.

Business » Energy | September 11, 2010, Saturday // 12:12 | Viewed: 1924

Bulgaria's Bulgargaz Offers Lower Gas Price for Q4

The Bulgarian state owned company "Bulgargaz" has offered a 1,36% decrease pf the price for natural gas for the fourth quarter of 2010.

Business » Energy | September 9, 2010, Thursday // 19:20 | Viewed: 1703

Bulgaria 'Present' at Russian Pipeline Meeting Unbeknownst to Govt

Bulgaria appeared to have been represented at a Wednesday's meeting in Moscow on the fate of the Burgas-Alexandroupolis oil pipeline in spite of earlier denial by the Finance Ministry.

Business » Energy | September 8, 2010, Wednesday // 18:46 | Viewed: 1811

Sofia Unaware of Moscow Wed Meeting over Oil Pipeline

Bulgaria's finance ministry has denied their representatives are expected in Moscow on September 8 for talks on the construction of the Burgas-Alexandroupolis oil pipeline.

Business » Energy | September 8, 2010, Wednesday // 10:17 | Viewed: 1405

Bulgaria, Romania Mull Joint Hydropower, Nabucco Efforts

Bulgarian and Romanian government representatives met in Bucharest and reached agreements on a number of joint energy pursuits, reported quoting the Romanian Ministry of Economy.

Business » Energy | September 7, 2010, Tuesday // 13:43 | Viewed: 1723

Financial Appraisal Deal Brings Nabucco Closer to Securing Funding

The shareholders and project company of Nabucco have singed a mandate letter with three international financial institutions for the appraisal of the future pipeline, which has been hailed as a key step forward.

Business » Energy | September 6, 2010, Monday // 19:33 | Viewed: 2498

Bulgaria to Get BGN 41 M Dividend from Power Utility CEZ

The Bulgarian government is going to receive a dividend of BGN 41 M from the Czech-owned power utility CEZ Bulgaria.

Business » Energy | September 6, 2010, Monday // 17:59 | Viewed: 1651

Italy's Enel to Sell Bulgarian Power Plant in Fall 2010

CEO of Enel SpA, Fulvio Conti, has said the Italian company will sell its stake in Bulgaria's Maritsa East 3 power plant in the fall of 2010.

Business » Energy | September 5, 2010, Sunday // 12:59 | Viewed: 2049

Russian President Replaces Rosneft CEO - Report

Russian President Dmitri Medvedev had ordered the cabinet to nominate Eduard Khudaynatov for President of Rosneft, the Russian information agency RIA Novosti reports, citing a Kremlin spokesperson.

Business » Energy | September 4, 2010, Saturday // 18:52 | Viewed: 1930

Bulgarian President Mysteriously Certain of Bright Future for Belene NPP

Bulgaria has come very close to the construction of its second nuclear power plant in Belene, according to President Georgi Parvanov.

Business » Energy | September 3, 2010, Friday // 21:33 | Viewed: 1900

Russia, Turkey Fall Out over Samsun-Ceyhan Oil Pipeline Project

Russia and Turkey will be starting their negotiations for the construction of the Samsun-Ceyhan oil pipeline from scratch because of disagreements, announced Russian company Transneft.

Business » Energy | September 3, 2010, Friday // 18:57 | Viewed: 3616

Bulgaria Opposition Slams EVN Stake in Hydro Project

Bulgaria's left-wing opposition have harshly criticized an agreement under which Austrian utility EVN acquired a majority stake in the hydro project on the Arda river, known as Gorna Arda.

Business » Energy | September 3, 2010, Friday // 16:56 | Viewed: 1700

UK JKX Spuds Bulgarian Wells

Britain's JKX Oil & Gas, the operator of the B1-Golitza license in Bulgaria, began on Thursday a two-well drill program in the country to test targets with an estimated resource of up to 60 billion cubic feet (Bcf).

Business » Energy | September 2, 2010, Thursday // 16:10 | Viewed: 1846

Regulations Chaos in Bulgaria Said to Repulse Renewable Energy Investors

Chaos and red tape in Bulgaria's regulations are believed to be a major obstacle to attracting large-scale foreign investments in renewable energy, according to analyst Zlatin Sarastov.

Business » Energy | September 1, 2010, Wednesday // 20:35 | Viewed: 2830

Bulgarian Power Utilities' Audits on Their Way to Prosecutor

The audits of the three Bulgarian power utilities have already been sent to the Prosecutor's Office, the Head of the State Commission for Energy and Water regulation (DKEVR), Angel Semerdzhiev, announced Tuesday.

Business » Energy | August 31, 2010, Tuesday // 16:46 | Viewed: 1553

French GDF Suez Set to Enter Bulgarian Energy Market

The Romanian affiliate of the French electricity generation and distribution company Gas de France Suez (GDF Suez) has submitted an application for a license in Bulgaria.

Business » Energy | August 31, 2010, Tuesday // 14:40 | Viewed: 1873

RWE Strikes Deal with Iraq Kurds for Nabucco

RWE Group AG, Germany's second- largest utility, announced it has signed a cooperation agreement with the Kurdistan Regional Government in Iraq, which included future gas supply for the Nabucco pipeline project.

Business » Energy | August 28, 2010, Saturday // 10:21 | Viewed: 2041

US Companies Expected to Focus on Bulgaria's Nuclear, Renewable Energy, Shale Gas

American companies are showing increased interest in various energy projects in Bulgaria, the new Bulgarian Ambassador to the USA, Elena Poptodorova told (Sofia News Agency) in an exclusive interview.

Business » Energy | August 27, 2010, Friday // 23:45 | Viewed: 3191

Bulgarian Energy Minister: Serbia, Others Have 'General' Interest in Belene NPP

Serbia, Greece and Croatia have an interest in investing in future Bulgarian Belene NPP "just in principle" and no specific offers have been extended this far, said Bulgarian Minister of Energy Traicho Traikov.

Business » Energy | August 27, 2010, Friday // 12:19 | Viewed: 1611