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Business » Energy

Wind Energy Giant Suzlon Targets Bulgaria Growth

Wind turbine giant Suzlon has revealed that it has formed a joint venture with Volkswind Bulgaria in a bid to increase its growth in the Bulgarian wind energy market.

Business » Energy | April 28, 2010, Wednesday // 14:43 | Viewed: 2220

Putin: Russia, Italy Grant France's EDF Up to 20% of South Stream

French energy company Electricite de France may have a share of up to 20% of the South Stream gas transit pipeline, Russian PM Vladimir Putin announced.

Business » Energy | April 26, 2010, Monday // 18:41 | Viewed: 2471

Bulgaria's New Gas Deal Talks with Russia Grind to a Halt

The negotiations between Bulgaria and Russia for a new natural gas contract have come to a standstill, announced Dimitar Gogov, CEO of Bulgargaz.

Business » Energy | April 26, 2010, Monday // 18:25 | Viewed: 1924

Bulgaria Shuts Unit 5 of Kozloduy NPP for Repairs

One of the two functioning reactors of Bulgaria's Kozloduy nuclear plant, Unit 5, has been turned off for its scheduled annual repairs and refueling.

Business » Energy | April 26, 2010, Monday // 15:00 | Viewed: 1346

UK MEP Van Orden: Bulgaria Can Be Balkans' Energy Hub

The halting of Units 3 and 4 of Bulgaria's Nuclear Power Plant (NPP) "Kozloduy" will cost the European Union EUR 860 M by 2013, according to MEP, Geoffrey Van Orden.

Business » Energy | April 26, 2010, Monday // 13:43 | Viewed: 1517

Bulgaria Rejects Russian Loan, Share at Belene Nuclear Plant

Bulgaria does not want Russian funding for the Belene nuclear plant but seeks to secure the participation of EU investors, the country's deputy energy minister said.

Business » Energy | April 26, 2010, Monday // 12:16 | Viewed: 3409

Putin Signs South Stream Accord with Austria

Russian Prime Minister Vladimir Putin paid a visit to Vienna on Saturday, during which an intergovernmental agreement on Austria's joining the Russian-backed South Stream natural gas pipeline project was signed.

Business » Energy | April 24, 2010, Saturday // 17:12 | Viewed: 1666

Putin Arrives in Austria for South Stream Accord

Russian Prime Minister Vladimir Putin will pay a visit to Vienna on Saturday, during which an intergovernmental agreement on Austria's joining the Russian-backed South Stream natural gas pipeline project will be signed.

Business » Energy | April 24, 2010, Saturday // 10:58 | Viewed: 1321

Nabucco Starts Procuring Pipeline Construction Supplies

Nabucco Gas Pipeline International has launched a prequalification process as starting phase for the procurement of long lead items needed for the construction of the gas transit pipeline.

Business » Energy | April 23, 2010, Friday // 16:11 | Viewed: 2168

Romania Vows to Join South Stream Gas Transit Pipeline

Romania has started talks to join the Russian-sponsored South Stream gas transit pipeline, Romanian Economy Minister Adrian Videanu has announced.

Business » Energy | April 23, 2010, Friday // 14:07 | Viewed: 2106

Bulgaria's Enemona, Slovenske Elektrarne Ink EUR 55.48 M Deal

Bulgaria blue-chip energy Group Enemona has signed a EUR 55.5 M deal with Slovenske Elektrarne, a unit of Italy's Enel, to carry out works at Mochovce nuclear plant, the company announced.

Business » Energy | April 22, 2010, Thursday // 11:55 | Viewed: 2282

US Ambassador Advises GERB to Focus on Energy Efficiency

Energy efficiency is the biggest challenge before the Bulgarian cabinet's policy in the sector, US Ambassador to Sofia, James Warlick, believes.

Business » Energy | April 21, 2010, Wednesday // 12:53 | Viewed: 1568

Spanish Electra to Build Wind Power Park in Central Bulgaria

Spanish energy holding Electra plans to build a 100 MW wind power park in the central part of the country and has already bought 5000 decares of land, the company announced.

Business » Energy | April 21, 2010, Wednesday // 10:31 | Viewed: 2131

Austria Says to Join South Stream Pipeline Project

Austria has confirmed it will join the Russian-backed South Stream natural gas pipeline project.

Business » Energy | April 21, 2010, Wednesday // 08:57 | Viewed: 1558

Dundee Precious Plans for Bulgaria Suffer New Setback in Court

Toronto-based Dundee Precious Metals Inc. announced that a Bulgarian supreme court has confirmed the revocation of a 2008 environmental impact assessment resolution, which gave the green light to its gold and copper mine in Chelopech, Bulgaria.

Business » Energy | April 16, 2010, Friday // 15:34 | Viewed: 1871

Bulgaria 'Energy Mafia' Drained Billions from State Budget

Criminal abuse in the amount of BGN billions would be revealed through Bulgaria's latest high-profile police operation codenamed "The Untouchables.

Business » Energy | April 16, 2010, Friday // 11:15 | Viewed: 2073

Bulgaria Tries to Boost Natural Gas Trade with Turkmenistan

Bulgaria's Economy Minister Traicho Traikov has had meetings with a number of key officials in Turkmenistan in an attempt to boost economic ties with the Central Asian country.

Business » Energy | April 15, 2010, Thursday // 18:20 | Viewed: 3194

Bulgaria Wannabe Oligarch Linked to "Untouchable" Detainees

The ten suspects, who were arrested early on Thursday in the latest police raid against organized crime, code-named “The Untouchable”, are believed to have been linked to energy tycoon Hristo Kovachki, who is investigated on tax evasion charges.

Business » Energy | April 15, 2010, Thursday // 12:51 | Viewed: 1669

Bulgaria Prosecutors Ok with Belene Nuclear Power Plant

Bulgaria's prosecutors have abandoned plans for starting pre-trial proceedings over Belene nuclear power project due to lack of evidence for any wrongdoing.

Business » Energy | April 14, 2010, Wednesday // 15:48 | Viewed: 1888

Azerbaijan, Georgia, Romania Strike Liquefied Natural Gas Deal

Bulgaria's northern neighbor Romania has made a crucial deal with Azerbaijan and Georgia, through which liquefied natural gas will be transited from the Caspian Sea to Europe.

Business » Energy | April 14, 2010, Wednesday // 14:37 | Viewed: 1720

Bulgaria Govt Vows to Form New Energy Mega Structure

After renewing its plans to dissolve a mega-structure, which groups all big state-owned energy firms, Bulgaria's center-right government has decided to bring them together in a new holding.

Business » Energy | April 14, 2010, Wednesday // 11:31 | Viewed: 1494
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