Business » Energy

Gazprom Ready to Boost Gas Supplies to China By 1000 BCM

Russia's state-owned energy concern Gazprom could increase gas flow to China by 100 billion cubic meters on a yearly basis in the near future, CEO Alexey Miller said Tuesday.

Business » Energy | October 8, 2014, Wednesday // 13:44 | Viewed: 1141

Bulgaria's Gas Links with Turkey, Serbia and Greece 3 to 5 Years Delayed

There is currently no decrease in Bulgaria's gas pipeline network pressure, or in the delivered gas volumes from Russia, Deputy Minister of Economy and Energy Anton Pavlov said.

Business » Energy | October 7, 2014, Tuesday // 19:35 | Viewed: 1408

EU Commission Criticizes Bulgaria's 'Low' Electricity Prices

Bulgaria ranks among eleven EU member states suffering from deficits in power tariffs, the European Commission believes.

Business » Energy | October 7, 2014, Tuesday // 16:02 | Viewed: 1551

Three Countries Give Bulgaria EUR 16 M for Energy Efficiency

Norway, Iceland and Liechtenstein have announced they will grant some EUR 16 M to support Bulgarian projects involving energy efficiency and renewables.

Business » Energy | October 7, 2014, Tuesday // 15:19 | Viewed: 1251

Mogherini: South Stream Gas Pipeline Not On EU Priority List

The South Stream gas pipeline is not a priority in the EU’s energy strategy, according to Federica Mogherini, the incoming EU High Representative for Foreign Policy and Security Policy.

Business » Energy | October 7, 2014, Tuesday // 09:52 | Viewed: 3381

Caretaker Govt Replaces CEO of South Stream Bulgaria

Dimitar Gogov, former head of state-owned gas supplier Bulgargaz EAD, has been appointed CEO of South Stream Bulgaria, the company tasked with building the Bulgarian section of the South Stream gas pipeline.

Business » Energy | October 7, 2014, Tuesday // 07:39 | Viewed: 1369

Russian Minister: South Stream Gas Pipeline Has Not Been Suspended

The South Stream gas pipeline project has not been suspended and is being implemented despite the complications, according to Russian Energy Minister Alexander Novak.

Business » Energy | October 5, 2014, Sunday // 15:50 | Viewed: 1267

Bulgaria Power Distributors Warn of Possible Power Brownouts

Dwindling resources to support the electricity supply network could quite possibly result in power cuts, EDCs operating in Bulgaria maintain.

Business » Energy | October 3, 2014, Friday // 11:30 | Viewed: 1467

Energy Watchdog Approves Electricity Price Hike

Bulgaria's energy watchdog DKEVR approved the new, higher prices of electricity, effective as of October 1.

Business » Energy | October 1, 2014, Wednesday // 15:12 | Viewed: 1432

Energy Watchdog Postpones Decision On Price Hike For Wednesday

Bulgaria's energy watchdog (DKEVR) will decide on the new, higher, electricity prices on Wednesday, reports the Bulgarian National Radio.

Business » Energy | September 30, 2014, Tuesday // 21:07 | Viewed: 1259

Aurubis to Invest EUR 75 M in Its Copper Plant in Bulgaria's Pirdop

Germany's leading copper producer Aurubis is planning to invest EUR 75 M in its plan in the town of Pirdop, Aurubis Bulgaria CEO Tim Kurt has announced.

Business » Energy | September 30, 2014, Tuesday // 09:54 | Viewed: 1215

Bulgarian Energy Watchdog to Decide on Electricity Bills

A final decision is expected Tuesday at the state energy regulator DKEVR about the price hike in electricity to be enforced on October 1.

Business » Energy | September 30, 2014, Tuesday // 08:17 | Viewed: 851

Bulgaria's Photovoltaics Demand EU Recommendations in Energy Sector

The Bulgarian Photovoltaic Association (BPVA) has proposed that the government invite experts from the EU Commission to for a new assessment of the troubled energy sector.

Business » Energy | September 29, 2014, Monday // 19:48 | Viewed: 983

Energy Watchdog Chair: Power Price Hike by over 10% Is Socially Unacceptable

Svetla Todorova, Chair of Bulgaria’s State Commission for Energy and Water Regulation (DKEVR), has suggested that a 10% power price hike as of October 1 is the socially tolerable limit.

Business » Energy | September 29, 2014, Monday // 11:50 | Viewed: 889

Rosen Plevneliev Urges Prompt Energy Sector Reforms

Bulgaria's President Rosen Plevneliev urged prompt reforms of the country's energy sector, first thing after the elections next week.

Business » Energy | September 27, 2014, Saturday // 13:27 | Viewed: 1141

Power Price Hike as of October is Unavoidable – Bulgaria’s Energy Minister

Bulgaria’s caretaker Minister of Economy and Energy Vasil Shtonov has argued that the power price hike by 10% as of October 1 is an unavoidable step for the stabilization of the market.

Business » Energy | September 26, 2014, Friday // 16:42 | Viewed: 1360

Construction Of Offshore Part Of South Stream To Start In November

The laying of pipes on the bottom of Black Sea for the South Stream gas pipeline starts in November, said the spokesperson of South Stream Transport Jasper Jansen, quoted by the BTA wire service.

Business » Energy | September 26, 2014, Friday // 11:26 | Viewed: 1374

Industrial Electricity Prices in Bulgaria Are 20-30% Higher than in Greece - BFIEC

Electricity prices for the industry in Bulgaria are 20-30% higher than in Greece, which imports electricity from Bulgaria, according to Konstantin Stamenov from the Bulgarian Federation of Industrial Energy Consumers (BFIEC).

Business » Energy | September 25, 2014, Thursday // 15:50 | Viewed: 1095

NEK Expects Additional BGN 1 B Deficit

Bulgaria's National Electricity Company (NEK) expects a BGN 1 B deficit for the current regulation period, said the company's Ventsislav Markov at a session of the energy watchdog DKEVR.

Business » Energy | September 25, 2014, Thursday // 12:03 | Viewed: 864

Ukraine's Foreign Minister: Gas Transit To Bulgaria Not In Danger

Ukraine's Foreign Minister Pavlo Klimkin assured his Bulgarian counterpart Daniel Mitov, that the gas transit from Russa is not jeopardised, said Bulgaria's Foreign Ministry in a press statement.

Business » Energy | September 24, 2014, Wednesday // 17:00 | Viewed: 1101

Expansion of Bulgaria’s Chiren Gas Depot to Cost EUR 200 M

The expansion of Bulgaria’s Chiren underground gas depot will cost around EUR 200 M, according to Kiril Temelkov, CEO of state-owned gas transmission operator Bulgartransgaz.

Business » Energy | September 24, 2014, Wednesday // 08:25 | Viewed: 982