A new protest against the fuel price hike is to take place in Bulgaria Friday.
Austrian company EVN has approved a capital hike to boost its stake in the Bulgarian hydro power plant project "Gorna Arda" to 70%.
Italian engineering company D'Appolonia S.p.A. (D'Appolonia) has been appointed as new Environmental and Social Impact Assessment (ESIA) Advisor for the Nabucco Pipeline Project, effective from 1 June 2011.
Moscow could soon freeze temporarily its gas pipeline project "South Stream" and increase gas export to Europe thanks to Germany as a reliable partner.
Bulgaria will finalize shale gas exploration talks with US Chevron and seal a contract in the next few days, Energy Minister Traicho Traikov has announced.
Bulgaria and Romania's economy ministers have discussed two large-scale hydro-energy projects on the Danube, whose future realization is said to harbor great economic potential.
A Monday letter of Denis Ershov to the media produced a new episode of the prolonged shareholder battle over Petrol Holding, a major fuel company in Bulgaria.
Bulgarian left-wing MP Rumen Petkov has rejected allegations that Lukoil participates in smuggling schemes.
The newly-appointed CEO of state-owned Bulgartransgaz company, a subsidiary of Bulgargaz, Kiril Temelkov will also be in charge of the Bulgarian firm for the realization of the Nabucco gas transit pipeline.
Bulgarian Energy Minister Traicho Traikov has expressed his confidence in the fact that the South Stream gas pipeline will be granted a derogation by the European Commission on third-party access requirements.
Bourgas-based refinery Lukoil Neftochim may be stripped of its license allowing it to operate as a tax warehouse, according to Customs Agency head Vanyo Tanov.
Bulgaria, represented by the state-owned Bulgarian Energy Holding and Bulgargaz, must step up its participation in shale gas exploration and production, according to a host of local energy experts.
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.
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.
Gehrlicher Solar AG, a German company, has completed its first Bulgarian photovoltaic project, a 1.
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.
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).
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.
Direct Investment into Bulgaria on the Rise Y/Y
A Third of Bulgarians Facing Energy Poverty