Business » Energy

South Stream Bulgaria 'Keeps Spending Millions' Despite Project's Demise

The project company for abandoned South Stream spends BGN 4.

Business » Energy | May 18, 2016, Wednesday // 10:55 | Viewed: 2497

TAP 'to Supply Gas to Central, SE Europe' via Bulgaria-Greece Link

Greek Prime Minister Alexis Tsipras said on Tuesday the Trans-Adriatic Pipeline (TAP) would also supply Southeastern and Central Europe with gas through the Interconnector Greece-Bulgaria (IGB) when both are ready.

Business » Energy | May 17, 2016, Tuesday // 19:40 | Viewed: 2076

Bulgaria’s Anti-Trust Body Accuses CEZ Unit of Abuse of Dominant Market Position

Bulgaria's anti-trust regulator has accused the local electricity distribution arm of Czech power group CEZ of abusing its dominant market position.

Business » Energy | May 16, 2016, Monday // 21:03 | Viewed: 1941

Bulgaria’s Kozloduy Nuclear Plant Reconnects Unit 5 to Grid after Maintenance

Bulgaria’s sole Kozloduy nuclear power plant has completed the planned annual maintenance of one of its two operating reactors.

Business » Energy | May 16, 2016, Monday // 15:36 | Viewed: 1909

Bulgargaz Proposes to Cut Q3 Gas Price by 10%

Bulgargaz has proposed to cut natural gas price for consumers by 9.97% % for the third quarter of the year due to an expected drop in the price of gas supplies.

Business » Energy | May 10, 2016, Tuesday // 19:29 | Viewed: 2730

US Energy Envoy: New Gas Projects ‘Are Little More Than Distractions’

New proposals and MoUs for new gas projects sometimes “have little more than the goal of distracting from the good projects that are underway”, Amos Hochstein, US Special Coordinator for International Energy Affairs, said on Friday.

Business » Energy | May 6, 2016, Friday // 18:45 | Viewed: 3733

US-EU Energy Council Backs Bulgaria-Greece Gas Link

The US-EU Energy Council on Wednesday stressed the importance of Interconnector Greece-Bulgaria (IGB) and the Southern Gas Corridor for the regional energy system.

Business » Energy | May 5, 2016, Thursday // 10:12 | Viewed: 2960

Gazprom Puts Forward New South Stream Route

Russian energy giant Gazprom has tabled a new option to revive the South Stream pipeline, local media report.

Business » Energy | April 28, 2016, Thursday // 11:29 | Viewed: 6015

Bulgaria's NEK Repays EUR 309 M Debt to Local Unit of U.S.-based AES Corp

Bulgarian wholesale electricity supplier NEK has repaid EUR 309 M in outstanding debt owed to coal-fired AES 3C Maritza East I power plant, a subsidiary of U.

Business » Energy | April 27, 2016, Wednesday // 19:05 | Viewed: 2827

Bulgaria’s BEH Signs EUR 535 M Loan Deal to Repay Debt to Units of AES, ContourGlobal

State-owned Bulgarian Energy Holding (BEH) group has agreed a bridge loan of EUR 535 M to repay debt of its subsidiary NEK to the local units of U.

Business » Energy | April 25, 2016, Monday // 17:59 | Viewed: 4786

Competition Regulator Carries out Inspection at OMV Bulgaria

Officials of the Commission for Protection of Competition (KZK) are conducting a sudden inspection at the premises of OMV Bulgaria on Monday.

Business » Energy | April 25, 2016, Monday // 14:50 | Viewed: 4817

Bulgaria's Competition Watchdog Conducts Inspections at Shell, Eko

Officials of the Commission for Protection of Competition (KZK) are conducting sudden inspections at the premises of Shell Bulgaria and Eko Bulgaria on Friday.

Business » Energy | April 22, 2016, Friday // 15:57 | Viewed: 5048

Noble Globetrotter II to Start Drilling for Gas off Bulgaria’s Coast in May

The Noble Globetrotter II will start drilling for oil and gas in the Black Sea block of Khan Asparuh off Bulgaria’s coast early next month, Total's General Manager for Bulgaria, Xavier Faugeras, has announced.

Business » Energy | April 19, 2016, Tuesday // 16:54 | Viewed: 6183

Offshore Gas Exploration to Begin in Bulgaria's Khan Asparuh

The exploration vessel set to carry out the first drilling at the Black Sea block of Khan Asparuh is to be officially shown on Tuesday.

Business » Energy | April 19, 2016, Tuesday // 10:12 | Viewed: 5137

Energy's Future Not in Large-Scale Projects, Bulgaria President Says

Bulgarian President Rosen Plevneliev has called for the creation of a genuine European energy market.

Business » Energy | April 16, 2016, Saturday // 12:41 | Viewed: 4509

Bulgaria Seeks Inclusion into Visegrad Group's Energy Projects

Bulgaria's President Rosen Plevneliev has said his country is looking for Slovakia's support for its involvement in energy projects currently developed by the Visegrad Group.

Business » Energy | April 16, 2016, Saturday // 08:39 | Viewed: 5207

Bulgaria Seeks Chinese Investors into Nuclear Power

Bulgaria is looking for a strategic investor into an expansion of nuclear capacities, Energy Minister Temenuzhka Petkova has told a committee in Parliament.

Business » Energy | April 15, 2016, Friday // 10:27 | Viewed: 5384

Bulgaria Hikes Capital of Project Co for Abandoned Oil Pipeline

The Bulgarian government has issued new bonds boosting the capital of the project company managing the Burgas-Alexandroupoli oil pipeline, a ditched project between Bulgaria, Greece, and Russia.

Business » Energy | April 13, 2016, Wednesday // 12:36 | Viewed: 5351

Bulgaria Commissions Upgraded Strandzha Gas Compressor Station

Bulgaria has commissioned the third of four modernized compressor stations, which is transiting 85% of natural gas to the country’s neighbours, the Energy Ministry announced on Monday.

Business » Energy | April 11, 2016, Monday // 18:30 | Viewed: 4945

Bulgaria's Gas Hub Proposal 'Not on Agenda' in Moscow

Russian Energy Minister Alexander Novak has made clear that Bulgaria's intentions to build a "gas hub" are not being discussed in Moscow.

Business » Energy | April 9, 2016, Saturday // 11:57 | Viewed: 5469

Unit 5 of Bulgaria's Kozloduy Nuclear Plant Shut Down for Planned Repair

A unit of Kozloduy Nuclear Power Plant (NPP) in Bulgaria has been switched off to undergo repair, plant officials have said.

Business » Energy | April 9, 2016, Saturday // 11:13 | Viewed: 4880