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Business » Energy

UK JKX Secures Weatherford Rig for Drilling in Bulgaria

Britain's JKX Oil & Gas, the operator of the B1-Golitza license in Bulgaria, has signed on a CCC-500 drilling unit through Weatherford for two wells in Bulgaria’s onshore B1-Golitza Block, the company announced.

Business » Energy | May 25, 2010, Tuesday // 08:26 | Viewed: 2172

IBM to Help Bulgarians Monitor Energy Use

In a 30-month research project geared specifically for the UK and Bulgaria, energy consultant Hildebrand installed small energy monitors at different homes in five European cities.

Business » Energy | May 23, 2010, Sunday // 12:12 | Viewed: 1413

IFC Plans EUR 59 M Package for Bulgaria Solar Project

The International Finance Corp. (IFC) is planning to offer a package of EUR 59 M to the French based firm EDF Energies Nouvelles SA for the construction of a solar energy project in South Bulgaria.

Business » Energy | May 22, 2010, Saturday // 11:25 | Viewed: 1924

Bulgaria Businesses Set to Avoid UN Carbon Trading Ban

The Bulgarian Environment Ministry has advised businesses to avoid the upcoming ban on carbon trading by recording their surplus for 2009 in the register of another European country.

Business » Energy | May 21, 2010, Friday // 18:18 | Viewed: 1847

British, Austrian Utilities Eye Enel Stake in Bulgaria Thermal Plant

British utility International Power and Austria's EVN have shown interest in acquiring the majority stake of Italian energy giant Enel in Maritsa East 3, a Bulgarian coal-fired plant with a capacity of 908 megawatts, reports say.

Business » Energy | May 21, 2010, Friday // 13:00 | Viewed: 1975

Bulgaria Confirms Break up of Energy Mega Structure

Bulgaria's center-right government has confirmed plans to dissolve a mega-structure, which groups all big state-owned energy firms.

Business » Energy | May 21, 2010, Friday // 11:10 | Viewed: 1520

Bulgarian Natural Gas Price May Skyrocket over Euro Collapse

Natural gas prices in Bulgaria will go up in the summer of 2010 although it is unclear yet by how much, according to the chair of the responsible state regulator.

Business » Energy | May 20, 2010, Thursday // 14:35 | Viewed: 1864

Serbia Says to Eye Participation in Bulgaria's Nuclear Project

Serbia's energy minister has confirmed reports that the country is considering participation in Bulgaria's second nuclear power plant, which has stalled over lack of funding.

Business » Energy | May 19, 2010, Wednesday // 19:05 | Viewed: 1762

Melrose Resources Teams Up with GSP Jupiter in Bulgaria

Edinburgh-based oil explorer Melrose Resources has contracted the jackup GSP Jupiter to drill the Kavarna East prospect in the Bulgarian sector of the Black Sea in July.

Business » Energy | May 19, 2010, Wednesday // 17:28 | Viewed: 2288

Ambassador Warlick: US Interested in Bulgarian Energy Sector

The US might be able to supply nuclear fuel to Bulgaria's Nuclear Power Plant (NPP) "Kozloduy" and the 2nd NPP "Belene," which is still in project stage.

Business » Energy | May 19, 2010, Wednesday // 13:27 | Viewed: 1722

Bulgaria Supreme Court Rules against CEZ Power Utility Late Fees

A five-member team of Bulgaria's Supreme Administrative Court (VAS) ruled Tuesday that the fines collected by the power utility CEZ over delayed customers' payments are illegal.

Business » Energy | May 18, 2010, Tuesday // 14:35 | Viewed: 1481

Minister Certain about Attracting US Investors to Bulgaria's Energy

US companies have become interested in investing in Bulgarian energy projects, according Minister of Economy, Energy, and Tourism, Traicho Traikov.

Business » Energy | May 18, 2010, Tuesday // 11:10 | Viewed: 1546

Atomstroyexport: No Comment on Belene NPP Dispute with Bulgaria

Russian state-owned company Atomstroyexport, which is supposed to construct Bulgaria's second nuclear power plant at Belene, has failed to deny or confirm information that it has hired a US consultancy over possible future disputes with the Bulgarian gove

Business » Energy | May 18, 2010, Tuesday // 09:56 | Viewed: 1813

Bulgaria PM Favors German Investors for Nuclear Project

Bulgaria has all permits and could begin the construction of its second Nuclear Power Plant (NPP) in the Danube town of Belene as early as tomorrow, Prime Minister, Boyko Borisov says.

Business » Energy | May 17, 2010, Monday // 21:30 | Viewed: 1788

Czech Media: Russia to Sue Bulgaria over Nuclear Project

The Russian company Atomstroiexport is preparing to file a lawsuit against the Bulgarian cabinet, the Czech media E15.

Business » Energy | May 17, 2010, Monday // 17:39 | Viewed: 1888

Austria's Alpine Bau Dumps Bulgaria's Troubled Hydropower Project

Austria's Alpine Bau has withdrawn from the construction of Gorna Arda hydropower project in southern Bulgaria, leaving energy firm EVN the sole partner of the majority owner, dominant state power utility NEK.

Business » Energy | May 16, 2010, Sunday // 15:01 | Viewed: 2154

Gazprom Executives Slam Bulgaria before Watching AC/DC Gig

Senior Gazprom executives criticized Bulgaria in a press briefing in Sofia on Friday over delays in the realization of the South Stream gas transit pipeline project.

Business » Energy | May 14, 2010, Friday // 20:45 | Viewed: 2821

Siemens Wins Order for Heating Power Plant in Bulgaria

Siemens Energy has received an order from Bulgaria for erection of a combined cycle district heating power plant, the company announced.

Business » Energy | May 14, 2010, Friday // 11:50 | Viewed: 2183

Bulgaria May Lose Turkish Energy Market over Russian Deal

Bulgaria might lose Turkey as an electricity export market as a result of the energy deals that the latter has signed with Russia, an expert has warned.

Business » Energy | May 13, 2010, Thursday // 18:07 | Viewed: 1707

Bulgaria Floats 33% Stake in E.ON Utility

Bulgaria will list its 33% minority stake in E.ON, one of the three power distributors in the country, to enliven the local stock exchange and boost revenues, the economy and energy minister announced on Tuesday.

Business » Energy | May 11, 2010, Tuesday // 11:23 | Viewed: 1610

China Mulls Participation in Bulgarian Nuclear Power Plant - Report

China and Serbia are considering a joint participation in the project to build a second Nuclear Power Plant in Bulgaria's Danube town of Belene.

Business » Energy | May 10, 2010, Monday // 20:42 | Viewed: 2466
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