Business » Energy

Bulgaria's Power Utility CEZ to Invest in Key Cables Replacement

The Czech-owned power utility CEZ, servicing western Bulgaria, has announced that it will provide BGN 240 000 for renovation of the electricity distribution network in the town of Samokov.

Business » Energy | August 19, 2010, Thursday // 15:27 | Viewed: 1970

Bulgarian Power Utility CEZ Vows No Blackouts in Winter Resorts

The Czech-owned power utility CEZ has announced that there will be no power outages at the Bulgarian winter resorts in the territory served by the company.

Business » Energy | August 19, 2010, Thursday // 14:39 | Viewed: 1685

Rosatom: Ball on Belene NPP Is in Bulgaria's Court

Russia has provided the Bulgarian side with all data and documentation for the go-ahead of the project to build a second Nuclear Power Plant (NPP) in the Danube town of Belene, the Russian news agency Interfax reports Thursday.

Business » Energy | August 19, 2010, Thursday // 13:29 | Viewed: 1955

Bulgaria's Energy Watchdog: Gas Price Might Go Down

The Head of the Bulgarian State Commission for Energy and Water Regulation (DKEVR), Angel Semerdzhiev, stated there is a possibility to lower gas prices in the country during the third and fourth quarter of 2010.

Business » Energy | August 19, 2010, Thursday // 09:35 | Viewed: 1570

Bulgaria Watchdog: National Electric Co, EVN Guilty of Power Problems

The Bulgarian energy watchdog has decided that both the National Electric Company (NEK) and the Austria-owned power utility EVN were responsible for the problems with electric supply to the southern Black Sea coast.

Business » Energy | August 18, 2010, Wednesday // 18:40 | Viewed: 2184

Melrose Resources Opens New Fields in Bulgaria in Sept

British oil and gas explorer Melrose Resources announced it expects to receive a boost when the first of two Bulgarian fields begins production in September.

Business » Energy | August 18, 2010, Wednesday // 14:26 | Viewed: 2301

Bulgaria's Bulgargaz Mulls New 3% Gas Price Hike

The Bulgarian gas supplier Bulgargaz forecasts a 3% price increase in the beginning of October 2010, according to a company letter sent to Bulgarian media Tuesday.

Business » Energy | August 17, 2010, Tuesday // 20:55 | Viewed: 1301

Bulgarian Electric Co, EVN Exchange Blows over Resort Blackouts

The Bulgarian National Electric Company (NEK) attacked Tuesday the Austrian-owned power utility EVN, saying the problems with electric supply to the southern Black Sea coast are the latter's fault.

Business » Energy | August 17, 2010, Tuesday // 16:06 | Viewed: 1571

Melrose Upbeat on Bulgarian Gas Fields Production

British oil and gas explorer Melrose Resources reported a 30% rise in half yearly pre-tax profit, helped by higher oil prices, and said it expects to reveal increased production from its Bulgarian gas fields.

Business » Energy | August 17, 2010, Tuesday // 14:18 | Viewed: 1759

Bulgaria's CEZ Power Utility Attempts to Counter Overdue Bills

The Czech-owned power utility CEZ, servicing western Bulgaria, remind Monday they offer their customers the option to temporarily disconnect the electric supply of those who will be away from home for an extended period of time.

Business » Energy | August 16, 2010, Monday // 13:09 | Viewed: 1118

Bulgaria Eyes Azerbaijani Natural Gas Supply

Bulgaria, Georgia, and Azerbaijan will sign by September 24 an agreement for a preliminary research of possibilities for gas supply to Bulgaria.

Business » Energy | August 16, 2010, Monday // 09:17 | Viewed: 3025

Bulgarian Black Sea Coast Experiences Latest Blackout

The southern Bulgarian Black Sea coast continues to experience problems with the electric power supply, turning everyday life and vacation into an ordeal for thousands of residents and visitors.

Business » Energy | August 16, 2010, Monday // 08:14 | Viewed: 1655

Turkmenistan Offers Oil Drilling to US, Musters Chinese Money

Gas-rich former Soviet republic of Turkmenistan extended offers for drilling to major American gas and oil companies, according to an announcement by the Turkmen National Television.

Business » Energy | August 15, 2010, Sunday // 19:23 | Viewed: 2778

CEZ Invests in Bulgarian Mountain Resort Ribaritsa

Czech electric power utility CEZ announced a BGN 0.5 M investment in infrastructure in the resort village Ribaritsa in the Stara Planina mountains in central Bulgaria.

Business » Energy | August 15, 2010, Sunday // 18:02 | Viewed: 1714

Romania, Azerbaijan, Georgia Set for Natural Gas Summit

The presidents of Azerbaijan, Georgia, and Romania are going to meet in Baku in September as part of the three countries' joint natural gas supply project AGRI, whose realization also affects Bulgaria.

Business » Energy | August 13, 2010, Friday // 18:44 | Viewed: 2462

Bulgaria Might Reexport Natural Gas from Azerbaijan

Bulgaria might reexport some its future supplies of natural gas from Azerbaijan to other European states.

Business » Energy | August 13, 2010, Friday // 17:17 | Viewed: 2668

Bulgarian Electric Co Mulls Solution to Blackouts

Bulgaria's National Electric Company (NEK) held an emergency meeting Friday to come up with a plan for priority rehabilitation and replacement of elements of the electric power network.

Business » Energy | August 13, 2010, Friday // 12:13 | Viewed: 1284

Bulgarian Power Utility CEZ Launches Electronic Invoices

The Czech-owned power utility CEZ, one of the three major electric power suppliers in Bulgaria, will soon offer its customers the option to receive electronic invoices instead of paper ones.

Business » Energy | August 12, 2010, Thursday // 15:13 | Viewed: 1076

Gazprom: We Got Final Say on South Stream Route

Gazprom will have the final say for the South Stream route, despite Bulgaria's and Serbia's wishes, the press service of the Russian concern has told the Serbian daily "Blic".

Business » Energy | August 11, 2010, Wednesday // 10:23 | Viewed: 1771

Industry Minister: Serbia Eager for Bulgarian Belene NPP

Serbian Minister of Industry Petar Skundric told the Tanjug agency that participating in the construction of the future Belene NPP in Bulgaria will prove good for Serbia.

Business » Energy | August 10, 2010, Tuesday // 20:37 | Viewed: 2027

Zoellick: World Bank to Boost Bulgaria's Energy Security

The President of the World Bank Robert Zoellick, who is on an official visit to Bulgaria, met Tuesday with Bulgarian Minister of Economy and Energy Traicho Traikov to discuss the economic potential of Bulgaria.

Business » Energy | August 10, 2010, Tuesday // 15:38 | Viewed: 1675