Business » Energy

Bulgaria 'Offers Azerbaijan Energy Cooperation Package'

The Bulgarian government has unveiled a package of energy cooperation projects on which it would seek to work with Azerbaijan, Bulgaria's Ambassador to the country has said.

Business » Energy | August 31, 2015, Monday // 11:23 | Viewed: 2107

Mining Industry Accounts for 5% of Bulgaria’s GDP – Energy Minister

The mining industry generates 5% of Bulgaria’s GDP and provides jobs for over 24 000 people, according to Energy Minister Temenuzhka Petkova.

Business » Energy | August 29, 2015, Saturday // 15:40 | Viewed: 1949

Price of Natural Gas in Bulgaria May Drop by over 13.6% as of October

The price of natural gas may drop by more than 13.6% as of October, according to Ivan Ivanov, Chair of the Commission for Energy and Water Regulation (KEVR).

Business » Energy | August 27, 2015, Thursday // 12:44 | Viewed: 3200

Watchdog OKs Agreement between Bulgaria’s National Power Co, ContourGlobal Maritsa East 3 TPP

Bulgaria’s Commission for Energy and Water Regulation (KEVR) has approved the power purchase agreement between US-owned thermal power plant ContourGlobal Maritsa East 3 TPP and the National Electric Company (NEK).

Business » Energy | August 27, 2015, Thursday // 12:18 | Viewed: 1703

Bulgarian Authorities Place Seals on 660 Tonnes of Fuel amid Filling Station Probes

Bulgarian authorities have temporarily blocked the sale of a total of 660 tonnes of fuel by placing seals at filling stations amid ongoing inspections.

Business » Energy | August 27, 2015, Thursday // 08:41 | Viewed: 1722

US-owned TPP AES Bulgaria Finalizes Agreement with National Power Utility

US-owned thermal power plant AES 3C Maritza East I and Bulgaria’s National Electric Company (NEK) have finalized the agreement on amending the long-term contract for purchasing electricity generated by the TPP.

Business » Energy | August 26, 2015, Wednesday // 12:36 | Viewed: 1934

Bulgarian PM Points to Trans-Caspian Pipeline as Step Towards Energy Diversification

Bulgarian Prime Minister Boyko Borisov pointed to the Trans-Caspian gas pipeline as a possible step towards the achievement of greater energy diversification.

Business » Energy | August 25, 2015, Tuesday // 14:14 | Viewed: 3220

Bulgaria Ready to Start Building South Stream Immediately, Former Energy Minister Says  

Bulgaria is able to start building the cancelled South Stream gas pipeline project as early as tomorrow, the country’s former Energy Minister Dragomir Stoynev said on Wednesday.

Business » Energy | August 19, 2015, Wednesday // 18:24 | Viewed: 3530

Turkey Sends Turkish Stream Agreement to Russia

Turkish Minister Taner Yildiz on Wednesday told reports he has sent a draft agreement on Turkish Stream to Moscow and is now waiting for a response.

Business » Energy | August 19, 2015, Wednesday // 13:15 | Viewed: 2374

Bulgarian Energy Holding Looking for Money to Pay Debts

The Bulgarian Energy Holding (BEH) is now considering options to pay off debts to the AES and ContourGlobal thermal power plants, Bulgarian Energy Minister Temenuzhka Petkova has said.

Business » Energy | August 19, 2015, Wednesday // 11:34 | Viewed: 1698

Bulgaria 'Never Gave Up Building South Stream'

Bulgaria didn't quit the South Stream gas pipeline project, Energy Minister Temenuzhka Petkova has said.

Business » Energy | August 19, 2015, Wednesday // 09:12 | Viewed: 2468

Total Preparing to Start Drilling for Oil, Gas off Bulgarian Coast Early Next Year

France’s Total is preparing to start drilling for oil and gas off Bulgaria’s Black Sea coast in early 2016, Reuters reported.

Business » Energy | August 18, 2015, Tuesday // 16:35 | Viewed: 3181

Oil, Gas Explorations in Black Sea to Begin in February 2016 – Bulgarian PM

Bulgarian Prime Minister Boyko Borisov announced on Saturday that the oil and gas explorations in the continental shelf of the Black Sea will begin in February next year.

Business » Energy | August 15, 2015, Saturday // 16:57 | Viewed: 3581

Bulgaria's New Energy Mix Keeps Central Role of TPPs, Renewables

AES and ContourGlobal thermal power plants, alongside renewable energy sources, will remain the primary sources in the energy mix of Bulgaria, a recent document shows.

Business » Energy | August 11, 2015, Tuesday // 22:06 | Viewed: 2520

Bulgargaz Plans 13.65% Cut in Q4 Gas Price

State-owned Bulgargaz said on Monday it plans to cut natural gas price for consumers by 13.

Business » Energy | August 10, 2015, Monday // 16:34 | Viewed: 1905

World Bank to Audit Bulgaria’s Energy Market Prior to Full Liberalization

The World Bank will draft a comprehensive review of the financial state of Bulgaria’s energy sector and identify steps towards full liberalization of the electricity market by the end of the year under a deal signed on Friday.

Business » Energy | August 7, 2015, Friday // 18:09 | Viewed: 2952

Romania, Bulgaria Seek New Builder for Giurgiu-Ruse Gas Pipeline Section

Romania and Bulgaria are looking for new builders of the 26 kilometer Giurgiu-Ruse gas pipeline.

Business » Energy | August 6, 2015, Thursday // 08:46 | Viewed: 2952

Bulgaria’s Maritsa Iztok 2 Thermal Power Plant Reports BGN 28.6 M Net Loss in H1, 2015

State-owned thermal power plant Maritsa Iztok 2 closed the first half of 2015 at a net loss of BGN 28.634 M, compared to a profit of BGN 1.440 M for H1, 2014, according to a report of the company.

Business » Energy | August 5, 2015, Wednesday // 11:12 | Viewed: 1892

Bulgaria State Energy Cos to Save BGN 20 M This Year - Minister

Bulgarian Energy Minister Temenuzhka Petkova has said that state-owned companies in the sector will be able to save some BGN 20 M in 2015.

Business » Energy | August 3, 2015, Monday // 10:46 | Viewed: 2097

Energy Watchdog Head Refuses to Resign Despite Pressure from Businesses

Bulgarian energy watchdog head has said he won't step down amid calls from employer unions which have demanded his resignation over a hike in power prices for industrial consumers.

Business » Energy | August 3, 2015, Monday // 10:09 | Viewed: 2302

Bulgaria’s Prime Minister Pledges New Control Unit to Prevent Energy Fraud Schemes

Bulgaria’s Prime Minister has pledged a new special unit comprising prosecutors, officers of the State Agency for National Security (DANS), and experts that would oversee the energy sector.

Business » Energy | August 2, 2015, Sunday // 16:52 | Viewed: 2773