Business » Energy

French Technip Inks EUR 70 M Contract For Bulgarian Refinery

French oil services company Technip has been awarded a lump sum services contract for the phase 1 of a heavy residue hydrocracking complex to be built at their refinery located in the Bulgarian city of Burgas.

Business » Energy | January 21, 2011, Friday // 11:46 | Viewed: 1488

BNK Petroleum Eyes Bulgarian Shale Gas Resources

BNK Petroleum has became the third US company with interest in extracting Bulgaria's shale gas, according to the Bulgarian Prime Minister Boyko Borisov.

Business » Energy | January 21, 2011, Friday // 11:26 | Viewed: 2328

Japan JV to Build Huge Solar Plant in Bulgaria - Nikkei

Toshiba and Tokyo Electric Power will set up a local joint venture with the Japanese government to build one of the world's largest solar power stations in Bulgaria, according to a report.

Business » Energy | January 21, 2011, Friday // 09:36 | Viewed: 2449

Romania NPP Expansion Threatened by Major Companies Quitting

Major companies RWE, GDF Suez and Iberdrola have decided to quit the project for the building of additional Units 3 and 4 of the Romanian Cernavoda NPP.

Business » Energy | January 20, 2011, Thursday // 18:14 | Viewed: 2113

Bulgaria's Energy Minister Oscillates between Belene NPP and Kozloduy Expansion

The construction of two new reactors at the Kozloduy Nuclear Power Plant is on the table if Bulgaria decides against the construction of what should be its second NPP at Belene, according to Economy Minister Traikov.

Business » Energy | January 18, 2011, Tuesday // 15:33 | Viewed: 1916

Bulgaria to Start Exporting Electricity to Turkey in March

Bulgaria is expected to resume its electricity exports to Turkey at the end of March 2010, according to the head of the Bulgarian National Electric Company NEK, Krasimir Parvanov.

Business » Energy | January 18, 2011, Tuesday // 13:06 | Viewed: 1990

EC Courts Turkmenistan over Natural Gas Supplies

The EU countries see Turkmenistan as a key energy partner and are ready to purchase the country's natural gas, according to the President of the European Commission, Jose Manuel Barroso.

Business » Energy | January 16, 2011, Sunday // 13:43 | Viewed: 1680

Bulgaria's Largest Coal Mining Company to Invest BGN 88 M in 2011

Bulgaria's largest coal mining company - Maritsa Iztok Mines EAD – has announced a massive investment plan for 2011, after in 2010, and especially in the last quarter, it registered record output and profits.

Business » Energy | January 14, 2011, Friday // 18:23 | Viewed: 2356

China Said to Eye New Unit at Bulgaria's Kozloduy N-Plant

China's National Nuclear Corporation has reportedly voiced interest in the building of a seventh unit at Bulgaria's Kozloduy nuclear power plant, the closure of which was one of the conditions for the country's EU accession.

Business » Energy | January 14, 2011, Friday // 14:16 | Viewed: 2031

EU Strikes 'Breakthrough' Natural Gas Supply Deal with Azerbaijan

The EU has made a "breakthrough" deal with Azerbaijan on the supply of natural gas to the Union from the Caucasus country and on the development of the so called Southern Gas Corridor with several major pipelines including Nabucco.

Business » Energy | January 13, 2011, Thursday // 17:10 | Viewed: 3099

Nabucco Consortium Refutes Any Plans for Merger with South Stream

Nabucco Gas Pipeline International GmbH has formally refuted the information on merging of the Nabucco and South Stream projects stemming form a throwaway remark by the US ambassador to Italy, David Thorne.

Business » Energy | January 13, 2011, Thursday // 16:32 | Viewed: 2248

US Joins Calls for South Stream, Nabucco Merger

The rivaling gas pipeline projects in southern Europe, South Stream and Nabucco, should combine, the US Ambassador to Italy has said, echoing statements of some of the partners in the first project.

Business » Energy | January 11, 2011, Tuesday // 14:34 | Viewed: 1645

Ex Czech Ambassador Takes Over CEZ Bulgaria

The Czech-owned power utility CEZ, which services western Bulgaria, officially introduced their new Regional Manager – former Czech Ambassador to Sofia, Petr Dokladal.

Business » Energy | January 11, 2011, Tuesday // 13:37 | Viewed: 1648

Turkey Powers Through with 3rd Nuclear Plant Project

Leading French companies have offered Turkey to build what should become the country's third nuclear power plant, with projects for two other underway.

Business » Energy | January 10, 2011, Monday // 20:42 | Viewed: 2416

China Eyes Participation in Bulgarian Energy Projects

China National Electric Equipment Corporation (CNEEC) is interested in participation in projects in the Bulgarian energy sector, the company representatives have announced.

Business » Energy | January 10, 2011, Monday // 16:23 | Viewed: 1404

Minister: Serbia Wants to Join Bulgaria's Belene NPP

The Serbian government considers seriously its possible participation in Bulgaria's Belene Nuclear Power Plant, Serbia's Energy Minister Petar Skundric has said on Monday.

Business » Energy | January 10, 2011, Monday // 16:02 | Viewed: 1450

CEZ Sets Up Bulgarian Subsidiary for Renewable Energy Investments

Bulgaria's Czech-owned power utility CEZ has established a new subsidiary called CEZ Bulgaria Investments.

Business » Energy | January 7, 2011, Friday // 20:02 | Viewed: 1539

The Bulgaria 2010 Review: Energy

2010 saw much uncertainty on part of the Borisov Cabinet with respect to the fate of the Belene Nuclear Power Plant.

Business » Energy | January 6, 2011, Thursday // 22:57 | Viewed: 5617

CEZ Quits Romania's Cernavoda NPP Expansion Project

Czech energy company CEZ has sold its shares from the holding for the construction of a third and fourth reactor at the Romanian nuclear power plant Cernavoda.

Business » Energy | January 5, 2011, Wednesday // 19:47 | Viewed: 2305

Traikov Scolds Utility, Mine for Threatening Workers' Lives

Bulgarian Economy Minister Traicho Traikov has summoned to a special meeting the EVN power utility and the Balkan 2000 Mine over an incident that trapped 80 miners underground.

Business » Energy | January 4, 2011, Tuesday // 21:07 | Viewed: 1725

Bulgaria's Largest Coal Mining Company with Record Output

Bulgaria's largest coal mining company – Maritsa Iztok Mines EAD – surpassed its 2010 output target by 4%.

Business » Energy | January 4, 2011, Tuesday // 17:23 | Viewed: 2495