Business » Energy

Drilling at Bulgaria's Khan Asparuh to Begin in February 2016

First drilling at the Khan Asparuh block in the Black Sea, where significant gas deposits are though to lie, are now scheduled for February 2016, an official has said.

Business » Energy | March 22, 2015, Sunday // 12:21 | Viewed: 7179

EU Ready to Finance Bulgaria-Greece Gas Link, PM Borisov Says

Bulgaria’s Prime Minister Boyko Borisov said on Friday he has been assured by EU energy chief Maros Sefcovic that the European Commission will finance the construction of a gas interconnection between Bulgaria and its southern neighghbour Greece.

Business » Energy | March 20, 2015, Friday // 17:03 | Viewed: 1494

Bulgaria to Seek Juncker Plan Funding of EUR 1.410 B for 6 Energy Projects

Bulgaria will seek EUR 1.410 B under the Juncker Plan for energy projects, according to Energy Minister Temenuzhka Petkova.

Business » Energy | March 20, 2015, Friday // 15:56 | Viewed: 1189

Bulgaria’s Wind Power Capacity Installed in 2014 at 10.1 MW

Wind farms with a total capacity of 10.1 MW were installed in Bulgaria in 2014, according to the annual Wind Energy Barometer report of EurObserv'ER.

Business » Energy | March 20, 2015, Friday // 14:40 | Viewed: 5344

Industrial Energy Consumers in Bulgaria Demand 23% Gas Price Decrease as of April

Industrial energy consumers in Bulgaria have called for a 23% reduction in gas prices from April, instead of the 13% price decrease proposed by state-owned gas supplier Bulgargaz.

Business » Energy | March 19, 2015, Thursday // 21:30 | Viewed: 1180

Study: Bulgaria to be Most Heavily Affected by New Ukraine Gas Crisis

In the event that a new Ukrainian gas crisis of a scale similar to the 2009 one is to occur, Bulgaria will be the most heavily affected EU state.

Business » Energy | March 19, 2015, Thursday // 14:02 | Viewed: 1254

Bulgaria’s Mizia Oil and Gas to Conduct Oil, Gas Exploration at 4 Blocks

Bulgaria’s Mizia Oil and Gas company has obtained the right to conduct prospecting and exploration of oil and natural gas at Block 1-5 Devetaki, Block 1-7 Tarnak, Block 1-9 Mizia, and Block 1-10 Botevo.

Business » Energy | March 18, 2015, Wednesday // 13:22 | Viewed: 1255

Bulgaria Energy Min Assures South Stream Construction not Underway

No operations related to the South Stream gas pipeline are ongoing in Bulgaria, the country's Energy Minister Temenuzhka Petkova has said.

Business » Energy | March 13, 2015, Friday // 09:38 | Viewed: 1554

Turkish Stream May Be Delayed Until ‘At Least 2017’, Officials Say

The timeframe for the construction of Gazprom’s Turkish Stream gas pipeline project seems unrealistic, according to government and industry officials in Turkey, Reuters has reported.

Business » Energy | March 12, 2015, Thursday // 13:16 | Viewed: 1541

Russia to Return to Bulgaria 180 Tonnes of High-Level Radioactive Waste in 2025-2035

In the period 2025-2035, Russia is to return to Bulgaria 180 tonnes of high-level radioactive waste generated as a result of the functioning of units 1-4 of the Kozloduy Nuclear Power Plant, according to Dilyan Petrov, Executive Director of the State Ente

Business » Energy | March 12, 2015, Thursday // 09:44 | Viewed: 1458

Bulgaria’s National Electric Company Spends Most on Green Electricity

Bulgaria’s National Electric Company (NEK) spends the most on renewable energy and the least on electricity produced by the Kozloduy Nuclear Power Plant (NPP), according to Petar Iliev, Executive Director of NEK.

Business » Energy | March 12, 2015, Thursday // 08:07 | Viewed: 1247

Bulgaria’s State-Owned Gas Supplier Seeks 13.17% Gas Price Decrease as of April

Bulgaria’s state-owned gas supplier Bulgargaz has submitted with the Commission for Energy and Water Regulation a proposal for a decrease in the price of natural gas by 13.

Business » Energy | March 12, 2015, Thursday // 07:22 | Viewed: 987

Bulgargaz Expected to Seek 13% Cut in Gas Price

Bulgargaz is expected to ask Bulgaria’s energy regulator on Wednesday to cut gas prices for consumers for the second quarter of the year by 13.

Business » Energy | March 10, 2015, Tuesday // 20:37 | Viewed: 1114

Bulgaria Launches Tender for South Stream Gas Pipeline Public Procurement

Bulgaria’s Regional Development Ministry has launched a tender for the assignment of a public procurement related to the Bulgarian section of the offshore section of the South Stream gas pipeline.

Business » Energy | March 10, 2015, Tuesday // 10:12 | Viewed: 2127

Current Deficit at Bulgaria’s National Electric Company at BGN 600 M

The deficit at Bulgaria’s National Electric Company (NEK) stands at BGN 3.3 B, while the current deficit for 2014 amounts to BGN 600 M, according to Energy Minister Temenuzhka Petkova.

Business » Energy | March 9, 2015, Monday // 08:14 | Viewed: 1209

Westinghouse Fuel Performs Flawlessly in Ukraine NPP, Experts Say

Westinghouse Electric Company's fuel at the South Ukraine Nuclear Power Plant's Unit 3 has performed flawlessly over at least three nuclear cycles, the company has said in a statement.

Business » Energy | March 5, 2015, Thursday // 13:34 | Viewed: 1000

Europe Has No Alternative to Russian Gas at Present – Bulgaria’s Deputy PM

The Bulgarian government sees no alternative to Russian gas supplies to Europe and is ready to examine the terms of receiving deliveries via Turkish Stream, according to Deputy Prime Minister Ivaylo Kalfin.

Business » Energy | March 5, 2015, Thursday // 13:09 | Viewed: 1215

Bulgaria, Azerbaijan Seek to Unblock Nabucco Gas Project

Bulgaria and Azerbaijan's leaders are to seek a renewal of the Nabucco gas pipeline project which came to a halt a few years back, Bulgarian PM Boyko Borisov has announced.

Business » Energy | March 4, 2015, Wednesday // 13:55 | Viewed: 2617

Bulgaria Regrets Russia’s Decision to Quit South Stream - Ambassador

Bulgaria regrets Moscow’s decision to stop work on the South Stream gas pipeline, according to Bulgaria’s Ambassador to Russia Boyko Kotsev.

Business » Energy | March 2, 2015, Monday // 14:30 | Viewed: 2401

Gazprom Approves Capital Increase of South Stream Transport B.V.

The Board of Directors of Gazprom has approved a capital increase of EUR 569.4 M for South Stream Transport B.V.

Business » Energy | March 2, 2015, Monday // 11:52 | Viewed: 3197

EVN Proposes Rise in Electricity Prices of 6.98%

The electricity company supplying Southeast Bulgaria EVN made a proposal for the price of the service to rise by 6.98% starting July 1 of 2015 in an official statement.

Business » Energy | February 27, 2015, Friday // 15:46 | Viewed: 1332