Business » Energy

Bulgarian Govt Doesn't Pull the Plug on BA Oil Pipeline Yet

The Bulgarian government has approved a contribution to the Bulgarian state company for the construction of the vastly troubled Burgas-Alexandroupolis oil pipeline, which is at the bare minimum for keeping the project alive.

Business » Energy | July 13, 2011, Wednesday // 13:44 | Viewed: 1788

Canadian Company Announces Bulgarian Solar Park Investment

P2 Solar, Inc., based in Surrey, British Columbia, Canada, has announced it has executed an option agreement to develop a 7.3 MW solar power farm in Bulgaria.

Business » Energy | July 13, 2011, Wednesday // 08:39 | Viewed: 1966

German Firm Gehrlicher Completes Bulgarian Solar Plant

Gehrlicher Solar AG, a German company, has completed its first Bulgarian photovoltaic project, a 1.

Business » Energy | July 12, 2011, Tuesday // 14:54 | Viewed: 1886

Parvanov, Gul: Bulgaria, Turkey to Secure Plenty of Gas for Nabucco

Bulgaria and Turkey are going to use their contacts to secure more natural gas for the Nabucco gas than the future European gas transit pipeline needs, according to Presidents Georgi Parvanov and Abdullah Gul.

Business » Energy | July 11, 2011, Monday // 13:20 | Viewed: 2043

Bulgaria to Hold Auctions for Six Shale Gas Exploration Blocks

Bulgaria will hold auctions for a total of six shale gas exploration blocks, said Kristalina Stoykova from the Geological Institute at the Bulgarian Academy of Sciences (BAS).

Business » Energy | July 8, 2011, Friday // 13:53 | Viewed: 1913

Bulgaria Seriously Bent on Giving Up Russian Gas

Bulgaria is making definite steps to achieve a fourfold reduction in the amount of natural gas it is buying from Russia, according to an extensive publication by Russian paper Kommersant.

Business » Energy | July 7, 2011, Thursday // 14:40 | Viewed: 2664

Bulgarian Antitrust Watchdog Slaps Fines over Maritsa East 2 TPP Eco Upgrade

Bulgaria's Commission on Protection of Competition (CPC) has fined three companies which participated in the construction of desulphurisation installations at the state-owned thermal power plant Maritsa East 2.

Business » Energy | July 6, 2011, Wednesday // 17:36 | Viewed: 2242

Bulgaria Set to Benefit Big from Newly-Found Natural Gas Deposit

A newly-discovered natural gas deposit near Lovech in Northern Bulgaria contains 10 billion cubic meters of gas, Bulgaria's Minister of Economy, Energy, and Tourism announced.

Business » Energy | July 5, 2011, Tuesday // 20:33 | Viewed: 3637

Toshiba Inches towards Massive Bulgarian Investment with Carbon Capture Study

Toshiba is going to perform a feasibility study for the construction of a coal-fired thermal power plant in Bulgaria that will feature carbon capture and storage facilities (CCS), the Japanese company has announced.

Business » Energy | July 5, 2011, Tuesday // 19:02 | Viewed: 2859

Bulgaria, Russia Extend Belene NPP Deal by 3 Months, Russian Funding Mulled

Bulgaria's National Electric Company NEK and Russia's Atomstroyexport, a subsidiary of Rosatom, have signed an annex extending by 3 months their contract for the construction of the Belene NPP, which should become the second Bulgarian nuclear power plant.

Business » Energy | July 2, 2011, Saturday // 12:59 | Viewed: 2204

Russia 'Insulted' by Bulgaria's Treatment over BA Oil Pipeline

Russian oil pipeline operator Transneft will soon consider if it is still expedient to attempt further cooperation with Bulgaria on the trans-Balkan Burgas-Alexandroupolis oil pipeline project, Transneft President Nikolai Tokarev said on Friday.

Business » Energy | July 1, 2011, Friday // 21:00 | Viewed: 2423

France Bans Controversial Shale Gas Technology

 France became the first country in the world to ban the production of shale gas through the so-called hydraulic fracturing, lawmakers give the final vote on new piece of legislation.

Business » Energy | July 1, 2011, Friday // 16:10 | Viewed: 1975

Bulgarian-German Firm BCI to Invest EUR 200 M in Bulgarian Solar Park

Bulgarian-German company BCI OOD is going to invest over EUR 200 M in a photovoltaic park in the Kazanlak Municipality in Central Bulgaria.

Business » Energy | June 30, 2011, Thursday // 18:24 | Viewed: 3023

Bulgaria, Russia Agree on Nuclear Project Delay

Bulgaria and Russia have agreed to extend the negotiations over Belene nuclear project by another three months as of July.

Business » Energy | June 30, 2011, Thursday // 09:54 | Viewed: 1700

French, US MPs Cast Serious Doubts on Shale Gas

France is set to become the first country in the world to ban the production of shale gas, when lawmakers give the final vote on new legislation Thursday, writes Le Monde.

Business » Energy | June 29, 2011, Wednesday // 20:35 | Viewed: 1954

Bulgaria Solid Fuels Output Up 1.2% in March m/m

Bulgaria has witnessed a 1.2% monthly increase in the production of solid fuels to 2885 000 tons in March 2011, while the production of liquefied petroleum gas (LPG) has gone up by 66.7% to 10 000 tons in the same period.

Business » Energy | June 29, 2011, Wednesday // 12:04 | Viewed: 1254

Enel Wraps Up Sale of Bulgaria Plant Stake

Italian energy giant Enel has closed the sale of its majority stake in Maritsa East 3, a Bulgarian coal-fired plant, to US investment fund Contour Global, the company announced.

Business » Energy | June 28, 2011, Tuesday // 19:51 | Viewed: 2033

Areva, Westinghouse, WorleyParsons May Vie for Bulgaria's N-Plant Stress Test

Ten companies, associations and research institutes have been invited to compete for preparing the stress tests at Bulgaria's sole nuclear plant at Kozloduy, it emerged on Tuesday.

Business » Energy | June 28, 2011, Tuesday // 18:48 | Viewed: 1818

Bulgaria's State-Owned Power Utility NEK Welcomes New CEO

Mihail Andonov is the new executive director of Bulgaria's state-owned power utility NEK, Minister of Economy, Energy and Tourism Traicho Traikov announced Tuesday.

Business » Energy | June 28, 2011, Tuesday // 14:14 | Viewed: 1376

Bulgarians' Gas, Heating, Electricity Bills to Grow in July

Natural gas prices will grow by 4.7% from July and heating rates in Sofia will rise by slightly over 4%, according the the preliminary calculations of Bulgaria's State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | June 28, 2011, Tuesday // 13:22 | Viewed: 1193

Bulgarian PM Alleges of High-Rank Fraud at Start of Belene NPP

There is enough evidence that high-ranking Bulgarian officials have criminally mismanaged the Belene NPP project since its relaunch in 2006, according to Bulgarian PM Boyko Borisov.

Business » Energy | June 26, 2011, Sunday // 14:59 | Viewed: 1453