Bulgaria's financial regulator has greenlighted the listing of the government's 33% minority stake in the local unit of Austria's EVN AG on the local stock exchange.
Russia's oil company Transneft has expressed dismay at the decision of the Bulgarian government to kill the project for the Burgas-Alexandroupolis oil pipeline, according to its representatives.
Bulgaria's Burgas-based Lukoil Neftochim has installed electronic measuring devices allowing the real-time transmission of fuel volume data to the customs authorities but information concerning fuel export has not been included at this stage.
Greece and Russia's failure to fulfill their commitments forced Bulgaria to walk out of the Burgas-Alexandroupolis pipeline deal, the country's energy minister has said.
Bulgaria will terminate its participation in the Burgas-Alexandroupolis oil pipeline project, said Deputy Prime Minister and Finance Minister Simeon Djankov after Wednesday's Cabinet session.
Russian nuclear energy company Rosatom's price offer for Bulgarian Belene NPP is spectacularly low and Bulgaria should hasten to accept it, said Rosatom's vice-director Kirill Komarov.
Energo Pro, the new owner of energy distribution grid in Northeast Bulgaria, will have to undergo a licensing procedure by the local energy watchdog before it it takes over the business of German E.ON, said Traicho Traikov, Minister of Economy, Energy and
Czech firm CEZ and Austrian firm EVN have no intention of selling their majority shares in the Bulgarian power utilities that they own, according to Bulgarian Economy and Energy Minister Traicho Traikov.
AES Geo Energy, a joint company between US energy giant AES and Bulgarian-German enterprise Geo Power is planning to build a second wind power park in Northeastern Bulgaria, Geo Power Manager Thomas Funke has announced.
Angel Semerdzhiev, Chair of the State Commission for Energy and Water Regulation (DKEVR), has given assurances that the sale of power distributor E.
Vanyo Tanov, head of Bulgaria's Customs Agency, has assured that all excise duty leaks in cigarette sales have been plugged.
German company E.ON has decided to shed its Bulgarian power utility E.ON Bulgaria due to an overregulated market and political attacks by senior government officials, according to Bulgarian comentators.
Russia's Gazprom Neft plans to buy another 7 filling stations in Bulgaria.
Overgas Iztok AD, the gas distribution subsidiary of Bulgaria's biggest private natural gas supplier, has registered a 12% year-on-year increase in sales for the period January 01-October 31.
The construction of the Bulgaria-Turkey gas grid interconnection may start within a year, according to Traicho Traikov, Bulgarian Minister of Economy, Energy and Tourism.
Shell Bulgaria has sought competition clearance for taking control of two sites of the Litex filling station chain.
By end-March 2012, all filling stations in Bulgaria must install automated electronic systems reporting volumes of fuel sold to the revenue administration.
The Bulgarian Socialist Party (BSP) has has tabled in Parliament a draft bill envisaging a ban on shale gas exploration and production in the country.
The European Commission proposed on Thursday to secure an additional EUR 185 M from 2013 to help Bulgaria dismantle four Soviet-era reactors at its sole nuclear power plant in Kozloduy.
The European Commission (EC) plans to set aside additional nuclear decommissioning aid of EUR 550 M after 2013 to help Bulgaria, Lithuania and Slovakia, reports say.
Bulgaria's Minimum Wage Goes Up Next Year
Bulgaria Still Waiting for Its Auto Manufacturing Plant