Business » Energy

Bulgaria Commits Major Blunder in Nuclear Talks with Russia, NEK CEO Fired

Bulgaria's Economy Minister Traicho Traikov has fired the head of the National Electric Company NEK Krasimir Parvanov over a blunder in the negotiations with Russian company Rosatom for the construction of the Belene NPP.

Business » Energy | April 5, 2011, Tuesday // 18:25 | Viewed: 2015

Bulgaria, Russia Strike Deal on Belene Nuclear Plant Negotiations

Bulgarian National Electric Comany and Russian Atomstroyexport have reached a deal Tuesday to extend their negotiations on the planned Belene NPP.

Business » Energy | April 5, 2011, Tuesday // 17:50 | Viewed: 1635

Bulgarian EconMin: Belene NPP in Legal Vacuum, Might Be Frozen

The Belene NPP has fallen into a legal vacuum and any developments might be frozen for 3 months, announced Bulgarian Minister of Economy and Energy Traicho Traikov Tuesday.

Business » Energy | April 5, 2011, Tuesday // 12:59 | Viewed: 1210

Gas de France May Invest EUR 100 M in Bulgarian Biomass

The French energy giant Gas de France Suez considers investing EUR 100 M in Bulgarian biomass plants, the country's Agriculture Minister Miroslav Naydenov announced Monday.

Business » Energy | April 4, 2011, Monday // 18:25 | Viewed: 1791

Bulgaria Govt Urged to List Belene N-Plant on Stock Exchange

Bulgaria's government should list on the stock exchange the new company for the second nuclear power plant at Belene to test the economic viability of the controversial project, the chairman of the country's energy forum has suggested.

Business » Energy | April 4, 2011, Monday // 14:39 | Viewed: 1501

Minister: Ukraine Works Against South Stream

The South Stream natural gas pipeline project is not in the best interest of Ukraine and the country is working against it, according to Ukrainian Minister of Energy Yuriy Boyko.

Business » Energy | April 2, 2011, Saturday // 10:21 | Viewed: 1789

Bulgaria's Kozloduy NPP with Record Electricity Production in 2011 Q1

Bulgaria's only operational nuclear power units in the Kozloduy plant have registered their largest quarterly production of electricity in their history in January-March 2011.

Business » Energy | April 1, 2011, Friday // 16:42 | Viewed: 1690

'Last-Minute' Bulgaria-Russia Talks on Belene Nuclear Plant Drag On

The last-minute talks between Bulgaria's NEK and Russia's Rosatom over the fate of the Belene nuclear plant project, which were supposed to be concluded Thursday night, have dragged on.

Business » Energy | April 1, 2011, Friday // 16:28 | Viewed: 1923

Bulgaria Sees 48% Increase in Natural Gas Production Dec 2010

Bulgaria's production of natural gas in December 2010 compared to November 2010 increased by 48.

Business » Energy | April 1, 2011, Friday // 12:21 | Viewed: 1566

Sofia Municipality Eyes Bulgarian Govt's Stake in CEZ Power Utility

Sofia Municipality intends to start talks with Bulgaria's Economy Ministry in order to acquire the state minority stake in CEZ Electrorazpredelenie, the power utility supplying electricity to Sofia and Western Bulgaria.

Business » Energy | March 31, 2011, Thursday // 20:09 | Viewed: 1624

AES Launches Bulgaria's Galabovo TPP in April

US energy giant AES is going to launch its Bulgarian thermal power plant AES Galabovo by the end of April, after a delay of several months, but only with a part of its total capacity.

Business » Energy | March 31, 2011, Thursday // 17:11 | Viewed: 3606

Bulgaria, Russia Go for 3-Month Moratorium in Tangled Last-Minute Talks on Belene NPP

Bulgarian and Russian state companies are rushing for a last-ditch effort in negotiations for the fate of the Belene nuclear power plant project on March 31, the day when their previous agreement expires.

Business » Energy | March 31, 2011, Thursday // 14:49 | Viewed: 2084

Bulgaria's Energy Watchdog Ups Gas Prices by 4.5% for Q2

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has decided to increase the natural gas price for the second quarter of 2011 by 4.47%.

Business » Energy | March 31, 2011, Thursday // 12:21 | Viewed: 1211

Bulgarian Govt Delays BA Oil Pipeline Decision by 2 More Months

Bulgaria's Environment Ministry has given the Trans-Balkan Pipeline company two more months to complete its report on the environmental impact of the Burgas-Alexandroupolis oil pipeline.

Business » Energy | March 30, 2011, Wednesday // 18:10 | Viewed: 1661

Info Blackout in Bulgaria over Belene as Time Ticks Away

A day ahead of the deadline for Sofia and Moscow to agree on whether to build two 1,000 megawatt nuclear reactors at Belene, in the north, officials refuse to provide any information about how the project will develop.

Business » Energy | March 30, 2011, Wednesday // 12:11 | Viewed: 1887

EU Energy Commissioner Asks Russia to Let Nabucco Live

EU Energy Commissioner Gunther Oettinger has called upon Russia not to exert pressure in order to block the Nabucco gas pipeline project, a competitor of its own project South Stream.

Business » Energy | March 28, 2011, Monday // 17:07 | Viewed: 2389

Bulgaria, Russia Strike Moratorium Deal on on Belene Nuclear Project

Bulgaria and Russia have reached an agreement to sign next week a 3-month moratorium on the project to build a second Nuclear Power Plant in Bulgaria's Danube town of Belene.

Business » Energy | March 27, 2011, Sunday // 10:47 | Viewed: 2290

Bulgaria Ahead of the Game in Stress-Testing Kozloduy NPP

Bulgaria has already started stress tests of its nuclear power plant in Kozloduy – and has been commended by the European Council for that, Prime Minister Boyko Borisov announced in Brussels Friday.

Business » Energy | March 25, 2011, Friday // 19:33 | Viewed: 1487

Bulgarian Officials Baffled by Rosatom Comment on Belene NPP Price

Bulgarian government officials and MPs were thrown in an awkward confusion over the mention of a new, higher price for the construction of the Belene nuclear power plant by a senior official of Russian state corporation Rosatom.

Business » Energy | March 25, 2011, Friday // 18:01 | Viewed: 1759

Bulgarian Energy Watchdog: Up to 4.5% Gas Price Hike for Q2

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has annoucned it will not allow an increase of natural gas prices from Q2 of 2011 by more than 4.

Business » Energy | March 25, 2011, Friday // 14:11 | Viewed: 1484

Bulgaria's 'Blue' Rightists Demand Referendum on Belene NPP

The Bulgarian rightist Blue Coalition has insisted that the future of the country's Belene nuclear power plant should be decided through a referendum.

Business » Energy | March 25, 2011, Friday // 12:37 | Viewed: 1486