Business » Energy

CEZ Power Utility Halts Blackouts over Holidays

The Czech-owned power utility CEZ, servicing southwestern Bulgaria, is temporarily putting on hold the planned repairs which involve interruptions in electric power supply.

Business » Energy | December 19, 2010, Sunday // 12:10 | Viewed: 1657

Bulgaria's Energy Watchdog to Further Decrease Natural Gas Price

Bulgaria's State Commission for Energy and Water Regulation will further increase the planned drop in the price of the natural gas by more than 5% starting January 2011.

Business » Energy | December 18, 2010, Saturday // 16:43 | Viewed: 1783

New French Hydro-Power Plant Unveiled in Bulgaria

The Dzherman hydro-power plant, an investment of "Electricite de France Energies Nouvelles" (EDF EN), was formally opened in Southwestern Bulgaria on Saturday.

Business » Energy | December 18, 2010, Saturday // 14:20 | Viewed: 2093

Bulgaria's Key Economic Ministers Diverge on Belene NPP

Bulgaria's two key ministers with economic portfolios have expressed somewhat differing views on the future of the project for the country's second nuclear power plant at Belene.

Business » Energy | December 18, 2010, Saturday // 10:45 | Viewed: 2053

Overgas Disputes Tender Awarding Exploration Rights to Park Place Energy

The Bulgarian private natural gas supplier Overgas is disputing a tender to award exploration rights for a Bulgarian plot to Park Place Energy Corp, a North American oil and gas exploration company.

Business » Energy | December 17, 2010, Friday // 20:42 | Viewed: 1809

Bulgaria Announces 3 New Bids for Oil and Gas Exploration

The Bulgarian government announced Thursday three new bids for exploration for oil and gas in the northern parts of the country.

Business » Energy | December 16, 2010, Thursday // 18:55 | Viewed: 2754

Bulgaria Might Kill Burgas-Alexandroupolis Pipeline by Not Paying Dues

Bulgaria has failed to pay the EUR 6 M that it owes as its contribution to the joint project company with Greece and Russia, which is supposed to construct the Burgas-Alexandroupolis oil pipeline.

Business » Energy | December 16, 2010, Thursday // 14:37 | Viewed: 2820

Bulgaria to Have New Renewable Energy Act

Bulgaria's new Renewable Energy source act will be ready in two weeks, the country's Energy Minister has stated.

Business » Energy | December 14, 2010, Tuesday // 19:17 | Viewed: 2803

South Korean SDN Builds EUR 150 M Solar Park in Bulgaria

Bulgaria's economy minister will launch officially on Tuesday the construction works of a EUR 150 M, 45-megawatt solar park in central Bulgaria, near the city of Veliko Tarnovo.

Business » Energy | December 14, 2010, Tuesday // 11:23 | Viewed: 2236

Greece: Bulgaria Serves American Interests by Blocking Oil Pipeline

Bulgaria has been slammed by senior Greek government officials over its stalling of the construction of Burgas-Alexandroupolis oil pipeline.

Business » Energy | December 13, 2010, Monday // 20:35 | Viewed: 2479

Mild Technical Failure Occurs at Bulgaria's Kozloduy NPP

A short circuit has occurred in a transformer located in the the Bulgarian Kozloduy NPP's so called "Special Corpus 3" – a non-nuclear unit – on Sunday.

Business » Energy | December 13, 2010, Monday // 15:27 | Viewed: 1127

Bulgaria Doubles Electricity Export in 2010

Bulgaria has marked a record high of sales of electricity abroad in 2010, doubling the amount sold for the previous year.

Business » Energy | December 11, 2010, Saturday // 18:29 | Viewed: 2157

Bulgaria, Russia to Hold New Belene NPP Talks

Russian company Atomstroyexport representatives will visit Bulgaria coming week to effect further negotiations on the Belene NPP.

Business » Energy | December 11, 2010, Saturday // 13:33 | Viewed: 1505

Fortum Share Not Equal to Finland Having Part in Belene NPP - Ambassador

The Fortum energy company makes its own decisions and does not represent the Finnish energy interests in Bulgaria, the Finnish Ambassador in Sofia Tarja Laitiainen said in an exclusive interview for (Sofia News Agency)

Business » Energy | December 10, 2010, Friday // 17:56 | Viewed: 1779

Bulgargaz to Offer 2% Cheaper Natural Gas in 2011 Q1

Bulgaria's state-owned monopoly Bulgargaz has asked the state regulator to decrease the consumer price for natural gas in the first quarter of 2011 by close to 2%

Business » Energy | December 10, 2010, Friday // 15:57 | Viewed: 1679

Economic Analyst Firm Speaks up Against Bulgaria's Belene NPP

The economic consultancy firm Candole has published a study debunking five alleged "myths" about Bulgaria's potential second NPP, arguing that the country should abandon the project.

Business » Energy | December 8, 2010, Wednesday // 12:48 | Viewed: 1505

EVN to Sign Contract for Bulgarian Hydro Power Plant in 2011 Q1

Austrian company EVN is expected to purchase a 70% stake in the Bulgarian hydro power plant project "Gorna Arda" from Turkish company Ceylan in the first quarter of 2011.

Business » Energy | December 8, 2010, Wednesday // 08:11 | Viewed: 2335

Bulgaria's Largest Thermal Power Plant under Investigation

The second biggest energy company in Bulgaria, the Maritsa East 2 Thermal Power Plant, is under investigation for law violations, according to Plovdiv's Regional Prosecutor's Office.

Business » Energy | December 6, 2010, Monday // 17:47 | Viewed: 1782

Bulgaria's FinMin: Belene Price Is Great Success

The agreement between Bulgaria and Russia for the EUR 6.3 B price of the future Nuclear Power Plant in the Danube town of Belene can be seen as great success.

Business » Energy | December 6, 2010, Monday // 08:53 | Viewed: 1621

Bulgaria's President Hints Costly Belene NPP Deal Fault of Ex Cabinet

Bulgarian President Georgi Parvanov has suggested that the former Cabinet of PM Sergey Stanishev yielded to Russian pressure on determining escalation costs for the construction of the Belene NPP back in 2008.

Business » Energy | December 2, 2010, Thursday // 12:22 | Viewed: 2333

Bulgarian Govt Proceeds with Shutdown of Tycoon's Thermal Plant

The Bulgarian authorities closed down two more units of the troubled thermal power plant Brikel owned by controversial energy tycoon Hristo Kovachki.

Business » Energy | December 1, 2010, Wednesday // 15:54 | Viewed: 1548