Business » Energy

Toshiba Confirms Investment in Bulgarian Solar Park

Japanese company Toshiba intends to continue its investments in the construction of a 10 MW solar park near the Southeastern Bulgarian town of Yambol.

Business » Energy | July 22, 2011, Friday // 12:01 | Viewed: 2609

Russia Moves to Sue Bulgaria over Belene NPP

A lawsuit has been launched by Russia's Atomstroyexport, a Rosatom subsidiary, demanding that Bulagria's National Electric Company (NEK) pay EUR 58 M euro in arrears for works on the construction of the Belene nuclear power plant.

Business » Energy | July 22, 2011, Friday // 09:11 | Viewed: 1476

Bulgarians Set to Rally Against Fuel Price Hike

A new protest against the fuel price hike is to take place in Bulgaria Friday.

Business » Energy | July 22, 2011, Friday // 08:36 | Viewed: 1336

EVN Wraps Up Deal for Major Bulgarian Hydro Power Plant

Austrian company EVN has approved a capital hike to boost its stake in the Bulgarian hydro power plant project "Gorna Arda" to 70%.

Business » Energy | July 21, 2011, Thursday // 19:48 | Viewed: 1708

Environmental, Social Impact Assessment Advisor Appointed for Nabucco

Italian engineering company D'Appolonia S.p.A. (D'Appolonia) has been appointed as new Environmental and Social Impact Assessment (ESIA) Advisor for the Nabucco Pipeline Project, effective from 1 June 2011.

Business » Energy | July 21, 2011, Thursday // 14:14 | Viewed: 3020

Russia Mulls Freezing South Stream Gas Line - Report

Moscow could soon freeze temporarily its gas pipeline project "South Stream" and increase gas export to Europe thanks to Germany as a reliable partner.

Business » Energy | July 20, 2011, Wednesday // 10:35 | Viewed: 2547

Bulgaria to Finalize Shale Gas Contract with Chevron in Days

Bulgaria will finalize shale gas exploration talks with US Chevron and seal a contract in the next few days, Energy Minister Traicho Traikov has announced.

Business » Energy | July 19, 2011, Tuesday // 17:18 | Viewed: 2549

Bulgaria to Face New Fuel Price Protest Friday

A Facebook group has urged Bulgarians to join a new fuel price protest.

Business » Energy | July 19, 2011, Tuesday // 15:45 | Viewed: 1591

Bulgaria, Romania Set Stage for Massive Danube Hydro-Energy Projects

Bulgaria and Romania's economy ministers have discussed two large-scale hydro-energy projects on the Danube, whose future realization is said to harbor great economic potential.

Business » Energy | July 18, 2011, Monday // 20:20 | Viewed: 2847

Co-Owners of Bulgarian Fuel Retailer Lock Horns Again

A Monday letter of Denis Ershov to the media produced a new episode of the prolonged shareholder battle over Petrol Holding, a major fuel company in Bulgaria.

Business » Energy | July 18, 2011, Monday // 17:50 | Viewed: 1937

Fuel Prices in Bulgaria Hit New Record Highs

Gasoline rates in Bulgaria have climbed to a new record high, stoking fears of a new wave of price hikes of related commodities.

Business » Energy | July 18, 2011, Monday // 13:42 | Viewed: 1865

Lukoil Hikes Bulgaria's Fuel Prices

Fuel prices in Bulgaria has reached new highs after Lukoil Bulgaria announced new minor increases.

Business » Energy | July 17, 2011, Sunday // 18:22 | Viewed: 2229

Bulgarian Ex Interior Minister Denies Lukoil Involvement in Smuggling Schemes

Bulgarian left-wing MP Rumen Petkov has rejected allegations that Lukoil participates in smuggling schemes.

Business » Energy | July 17, 2011, Sunday // 13:55 | Viewed: 1695

Bulgartransgaz CEO Appointed Head of Nabucco Bulgaria

The newly-appointed CEO of state-owned Bulgartransgaz company, a subsidiary of Bulgargaz, Kiril Temelkov will also be in charge of the Bulgarian firm for the realization of the Nabucco gas transit pipeline.

Business » Energy | July 15, 2011, Friday // 20:19 | Viewed: 2078

South Stream, Nabucco to Be Granted Third-Party Access Exemptions – Bulgarian Energy Minister

Bulgarian Energy Minister Traicho Traikov has expressed his confidence in the fact that the South Stream gas pipeline will be granted a derogation by the European Commission on third-party access requirements.

Business » Energy | July 14, 2011, Thursday // 18:03 | Viewed: 1903

Bulgarian Customs Threaten to Revoke Lukoil Neftochim's Tax Warehouse License

Bourgas-based refinery Lukoil Neftochim may be stripped of its license allowing it to operate as a tax warehouse, according to Customs Agency head Vanyo Tanov.

Business » Energy | July 13, 2011, Wednesday // 17:13 | Viewed: 1358

Bulgarian Energy Experts Assert Safety of Shale Gas Drilling

Bulgaria, represented by the state-owned Bulgarian Energy Holding and Bulgargaz, must step up its participation in shale gas exploration and production, according to a host of local energy experts.

Business » Energy | July 13, 2011, Wednesday // 15:13 | Viewed: 1646

Bulgarian Govt Doesn't Pull the Plug on BA Oil Pipeline Yet

The Bulgarian government has approved a contribution to the Bulgarian state company for the construction of the vastly troubled Burgas-Alexandroupolis oil pipeline, which is at the bare minimum for keeping the project alive.

Business » Energy | July 13, 2011, Wednesday // 13:44 | Viewed: 1788

Canadian Company Announces Bulgarian Solar Park Investment

P2 Solar, Inc., based in Surrey, British Columbia, Canada, has announced it has executed an option agreement to develop a 7.3 MW solar power farm in Bulgaria.

Business » Energy | July 13, 2011, Wednesday // 08:39 | Viewed: 1966

German Firm Gehrlicher Completes Bulgarian Solar Plant

Gehrlicher Solar AG, a German company, has completed its first Bulgarian photovoltaic project, a 1.

Business » Energy | July 12, 2011, Tuesday // 14:54 | Viewed: 1888

Parvanov, Gul: Bulgaria, Turkey to Secure Plenty of Gas for Nabucco

Bulgaria and Turkey are going to use their contacts to secure more natural gas for the Nabucco gas than the future European gas transit pipeline needs, according to Presidents Georgi Parvanov and Abdullah Gul.

Business » Energy | July 11, 2011, Monday // 13:20 | Viewed: 2043