Business » Energy

Greece: Bulgaria's Balking at Oil Pipeline Is 'Madness'

Bulgaria's evolution towards a negative position with respect to the construction of the Burgas-Alexandroupolis oil pipeline in unjust and unjustified, according to a Greek Deputy Minister.

Business » Energy | January 31, 2011, Monday // 15:57 | Viewed: 4627

CEZ Shocked, Outraged by Growth of Cable Thefts in Bulgaria

Bulgaria's Czech-owned power utility CEZ has announced that the damages the company suffered from thefts of cables from its network almost doubled in 2010 compared to 2009.

Business » Energy | January 30, 2011, Sunday // 17:12 | Viewed: 2239

Turkish Minister 'Delays' Nabucco till 2017

A statement of Turkish Energy Minister Taner Yildiz has delayed by two years the entering into operation of the EU-sponsored gas transit pipeline Nabucco.

Business » Energy | January 28, 2011, Friday // 17:22 | Viewed: 2233

Bulgarian Lederbel Wins Black Sea Oil Bid

The Bulgarian Lederbel BG has won the tender to explore for oil in the Black Sea, region of Silistar, overcoming two other Bulgarian and one US company.

Business » Energy | January 28, 2011, Friday // 14:07 | Viewed: 1960

Russian Inter RAO Mulls Borrowing EUR 300 M to Buy Bulgarian TPP

Russian state-owned energy company Inter RAO considers to borrow EUR 300 M in order to buy the Bulgarian Maritsa East 3 Thermal Power Plant from the Italian Enel.

Business » Energy | January 28, 2011, Friday // 10:21 | Viewed: 2387

Rosneft, Exxon Mobil Sign Black Sea Oil Exploration Deal

Russian energy company Rosneft and US group Exxon Mobil have signed a USD 1 B deal for creating a joint venture to explore for oil under the Black Sea.

Business » Energy | January 27, 2011, Thursday // 14:10 | Viewed: 2674

Bulgaria Tangled in New Gas Price Talks with Gazprom

Bulgaria's state natural gas company Bulgargaz has started a new round of talks with Russian energy giant Gazprom on the price of natural gas supplies.

Business » Energy | January 26, 2011, Wednesday // 16:15 | Viewed: 2253

New Jersey-Based Company Acquires Land for Solar Plants in Bulgaria

Euro Solar Parks, Inc., a company based in New Jersey, USA, has announced the completion of its acquisition of two land properties for solar parks in Bulgaria.

Business » Energy | January 26, 2011, Wednesday // 14:56 | Viewed: 2470

Enel in Talks with US, Russian Bidders for Bulgaria Plant - Report

Italian energy giant Enel is holding talks with US investment fund Contour Global and Russia's InterRAO for its majority stake in Maritsa East 3, a Bulgarian coal-fired plant, local media reports.

Business » Energy | January 25, 2011, Tuesday // 19:21 | Viewed: 2404

Swiss Alpiq Boosts Capacity of Wind Farm in Bulgaria

Vetrocom Limited, a subsidiary of the Swiss energy group Alpiq Holding Ltd, is set to expand up to 72.5 megawatts the capacity of its wind farm in Bulgaria, the company announced.

Business » Energy | January 25, 2011, Tuesday // 17:27 | Viewed: 1986

Toshiba Offers Bulgaria Massive Renewable Energy, Smart Grids Project

Japan's Toshiba Corporation has offered Bulgaria a large-scale project in the field of renewable energy, "smart electricity grids" and electric cars.

Business » Energy | January 24, 2011, Monday // 19:14 | Viewed: 4145

Critics Fear Finnish Company Can Be Russia's 'Trojan Horse' in Bulgarian NPP

Finnish company "Fortum" could be the "Trojan horse" of Russian state company Rosatom in the project for the second Bulgarian nuclear power plant Belene, according to the rightist Blue Coalition.

Business » Energy | January 21, 2011, Friday // 20:54 | Viewed: 2667

French Technip Inks EUR 70 M Contract For Bulgarian Refinery

French oil services company Technip has been awarded a lump sum services contract for the phase 1 of a heavy residue hydrocracking complex to be built at their refinery located in the Bulgarian city of Burgas.

Business » Energy | January 21, 2011, Friday // 11:46 | Viewed: 1488

BNK Petroleum Eyes Bulgarian Shale Gas Resources

BNK Petroleum has became the third US company with interest in extracting Bulgaria's shale gas, according to the Bulgarian Prime Minister Boyko Borisov.

Business » Energy | January 21, 2011, Friday // 11:26 | Viewed: 2328

Japan JV to Build Huge Solar Plant in Bulgaria - Nikkei

Toshiba and Tokyo Electric Power will set up a local joint venture with the Japanese government to build one of the world's largest solar power stations in Bulgaria, according to a report.

Business » Energy | January 21, 2011, Friday // 09:36 | Viewed: 2449

Romania NPP Expansion Threatened by Major Companies Quitting

Major companies RWE, GDF Suez and Iberdrola have decided to quit the project for the building of additional Units 3 and 4 of the Romanian Cernavoda NPP.

Business » Energy | January 20, 2011, Thursday // 18:14 | Viewed: 2113

Bulgaria's Energy Minister Oscillates between Belene NPP and Kozloduy Expansion

The construction of two new reactors at the Kozloduy Nuclear Power Plant is on the table if Bulgaria decides against the construction of what should be its second NPP at Belene, according to Economy Minister Traikov.

Business » Energy | January 18, 2011, Tuesday // 15:33 | Viewed: 1916

Bulgaria to Start Exporting Electricity to Turkey in March

Bulgaria is expected to resume its electricity exports to Turkey at the end of March 2010, according to the head of the Bulgarian National Electric Company NEK, Krasimir Parvanov.

Business » Energy | January 18, 2011, Tuesday // 13:06 | Viewed: 1989

EC Courts Turkmenistan over Natural Gas Supplies

The EU countries see Turkmenistan as a key energy partner and are ready to purchase the country's natural gas, according to the President of the European Commission, Jose Manuel Barroso.

Business » Energy | January 16, 2011, Sunday // 13:43 | Viewed: 1680

Bulgaria's Largest Coal Mining Company to Invest BGN 88 M in 2011

Bulgaria's largest coal mining company - Maritsa Iztok Mines EAD – has announced a massive investment plan for 2011, after in 2010, and especially in the last quarter, it registered record output and profits.

Business » Energy | January 14, 2011, Friday // 18:23 | Viewed: 2356

China Said to Eye New Unit at Bulgaria's Kozloduy N-Plant

China's National Nuclear Corporation has reportedly voiced interest in the building of a seventh unit at Bulgaria's Kozloduy nuclear power plant, the closure of which was one of the conditions for the country's EU accession.

Business » Energy | January 14, 2011, Friday // 14:16 | Viewed: 2031