Business » Energy

Bulgarian Govt to Sell Up to 25% of State Energy Holding

Bulgaria's Cabinet is considering privatizing a minority share of the state-owned Bulgarian Energy Holding, a deputy economy minister has confirmed.

Business » Energy | January 27, 2012, Friday // 19:34 | Viewed: 2221

Russia's Lukoil Pours USD 1.5 B in Hydrocracking Facility in Bulgaria

The Lukoil Neftochim Refinery in Bulgaria's Burgas, a subsidiary of the Russian energy giant, has kicked off a USD 1.5 B investment in a large hydrocracking catalyst installation that will process petroleum waste.

Business » Energy | January 25, 2012, Wednesday // 18:08 | Viewed: 5554

Bulgarians Eager to Export Anti-Shale Gas Ideas to Romania

The entity that triggered the recent mass protests against shale gas exploration and extraction in Bulgaria is eager to spread anti-shale gas awareness to the neighbor country of Romania, it has been made clear.

Business » Energy | January 24, 2012, Tuesday // 16:36 | Viewed: 2229

Bulgarian Watchdog Assuages Fears of Electricity Price Hike

In the aftermath of wide-spread rumors that prices of electric power will go up anywhere between 10% and 20%, Bulgaria's energy and waters watchdog announced that the increase will be more moderate.

Business » Energy | January 24, 2012, Tuesday // 13:05 | Viewed: 1933

Court-Approved Agreement Ends Lukoil vs Bulgarian Customs Lawsuit

The Lukoil Neftochim vs Customs Agency lawsuit was terminated Tuesday as the Administrative Court Sofia City approved an agreement reached between the parties.

Business » Energy | January 24, 2012, Tuesday // 12:22 | Viewed: 2423

Bulgarian State Mines Committed Harakiri with Payment Promises - Expert

Prof. Atanas Tasev, energy expert, has criticized the governing body of Bulgaria's biggest coal-mining company, the Maritsa Iztok Mines, for making a highly injudicious wage commitment.

Business » Energy | January 23, 2012, Monday // 14:28 | Viewed: 1849

Gazprom Allowed to Acquire 7 More Gas Stations in Bulgaria

The Commission on Protection of Competition (CPC) has cleared the acquisition of seven filling stations by NIS Petrol EOOD, a company owned by Russian energy giant Gazprom.

Business » Energy | January 23, 2012, Monday // 13:06 | Viewed: 1959

Bulgarian EconMin: Huge Money at Stake over Shale Gas

Bulgaria's Economy and Energy Minister, Traicho Traikov, believes that powerful financial interests were behind the mass protests in the country against the exploration of shale gas.

Business » Energy | January 23, 2012, Monday // 09:48 | Viewed: 2686

8 Day Strike at Bulgarian State Mines Ends

Talks between employers and trade unions at Bulgaria's Maritsa Iztok coal mines ended successfully, with the parties agreeing, putting an end to a major strike that started last Sunday.

Business » Energy | January 22, 2012, Sunday // 10:35 | Viewed: 1671

New Round of Talks over Bulgarian State Mines Strike

Talks between the management of Bulgaria's biggest State-owned coal-mining company, the Maritsa Iztok Mines, and the syndicates resume Saturday, while the strike is in its seventh day.

Business » Energy | January 21, 2012, Saturday // 12:05 | Viewed: 1876

Ukraine: Trilateral Deal with EU, Russia Only Way to Avoid Gas War

Creating a consortium with Russia and the European Union is the only way to solve the "gas dispute" between Moscow and Kiev, according to Ukrainian Prime Minister Mykola Azarov.

Business » Energy | January 20, 2012, Friday // 19:29 | Viewed: 2265

Bulgarian Socialists Say Govt Protects Interests of Big Business

Socialist MP Anton Kutev has accused the government of upholding the interests of big business.

Business » Energy | January 20, 2012, Friday // 16:59 | Viewed: 1641

Bulgaria to Respond to Miners' Strike by Stopping Electricity Export

Commenting on the strike at the state-owned coal mining company, Bulgarian Energy Minister Traicho Traikov announced that Bulgaria would stop exporting electricity at 01 a.

Business » Energy | January 20, 2012, Friday // 15:47 | Viewed: 1815

Bulgarian Maritsa Iztok Mines Drop Legal Claim against Strike

The governing body of Bulgaria's biggest State-owned coal-mining company, the Maritsa Iztok Mines, has withdrawn Friday morning its claim with the Court to declare the workers' strike illegal.

Business » Energy | January 20, 2012, Friday // 14:02 | Viewed: 1781

Talks on Bulgaria's Maritsa Iztok Mines Strike Resume

Тhe talks between the  governing body of Bulgaria' s biggest State-owned coal-mining company, the Maritsa Iztok Mines, and the syndicates are resuming Friday, while the strike there is entering its sixth day.

Business » Energy | January 20, 2012, Friday // 08:13 | Viewed: 1687

Poland Shale Gas Ambitions Undaunted by Bulgarian 'No'

The ban on the exploration and production of shale gas in Bulgaria has in no way affected the resolution of the Polish government to pursue the approach in Poland.

Business » Energy | January 19, 2012, Thursday // 19:44 | Viewed: 2863

US Grows More Pessimistic on Nabucco Pipeline

The full implementation of the Nabucco gas pipeline becomes less probable every year, according to the the Special Envoy on Eurasian Energy Issues of the US State Department Richard Morningstar.

Business » Energy | January 19, 2012, Thursday // 18:48 | Viewed: 2395

Bulgarian Govt Will Reverse Shale Gas Ban Within Months – Expert

Ilian Vassilev, energy expert and former Ambassador of Bulgaria to Russia, has criticized the government for the newly imposed all-out ban on hydraulic fracturing, saying that it betrayed weakness.

Business » Energy | January 19, 2012, Thursday // 16:02 | Viewed: 2699

German Investors Show Interest in Biomass Production in Bulgaria

German investors have shown interest in biomass production in Bulgaria, according to Agriculture Minister Miroslav Naydenov, who is on a visit to Berlin.

Business » Energy | January 19, 2012, Thursday // 14:06 | Viewed: 2012

Watchdog Clears E.ON Bulgaria Sale to Energo-Pro

Bulgaria's Commission on Protection of Competition (CPC) has cleared the acquisition of E.ON Bulgaria EAD by Czech utility Energo-Pro.

Business » Energy | January 19, 2012, Thursday // 12:27 | Viewed: 2051

Strike Day 5 at Bulgaria's Maritsa Iztok Mines

The strike at Bulgaria' s biggest state-owned coal-mining company, the Maritsa Iztok Mines, headed into a fifth day on Thursday.

Business » Energy | January 19, 2012, Thursday // 11:42 | Viewed: 1308
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