Business » Energy

Gazprom Cancels Turkish Stream Pipeline Contract with Italy’s Saipem

Gazprom subsidiary South Stream Transport BV has suspended a contract with Italy’s Saipem SpA for the construction of the first line of the offshore section of the Turkish Stream gas pipeline.

Business » Energy | July 9, 2015, Thursday // 12:28 | Viewed: 6702

Bulgaria's Renewable Energy Producers Warn Against New Planned Fees

Amendments to the energy sector put forward by the government of Bulgaria contravene EU directives and the so-called Juncker Investment Plan, renewable energy producers say.

Business » Energy | July 9, 2015, Thursday // 07:37 | Viewed: 2611

Bulgaria Gov't, Businesses, Trade Unions Propose Energy Law Changes

Bulgarian business, labor unions and government officials have tabled new amendments to energy legislation which envisages state aid for industrial energy consumers.

Business » Energy | July 8, 2015, Wednesday // 17:56 | Viewed: 4026

Wirtschaftsblatt: Bulgaria, the End of a Big Energy Dream

Bulgaria will have to count on two prospective gas pipeline projects to secure to fulfill its recent dream and become a key player on the energy map, Austrian daily Wirtschaftsblatt says in an article.

Business » Energy | July 8, 2015, Wednesday // 16:46 | Viewed: 5897

Bulgaria’s Antitrust Watchdog Launches Sector Analysis of Fuel Retailing Market

The Commission for Protection of Competition (KZK) has launched a sector analysis of the fuel retailing market in Bulgaria.

Business » Energy | July 7, 2015, Tuesday // 11:07 | Viewed: 1911

Bulgaria Interested in Turkish Stream, Russian Official Says

Bulgaria is "also interested" in the realization of the Turkish Stream gas pipeline project, Russian Deputy Foreign Minister Vasily A.

Business » Energy | July 6, 2015, Monday // 13:04 | Viewed: 5826

Bulgaria's Energy Watchdog to Go On with Power Price Hike

Energy regulator KEVR's head Ivan Ivanov has said that his agency will not backtrack on plans to increase power prices for industrial consumers by up to 20%.

Business » Energy | July 6, 2015, Monday // 09:47 | Viewed: 4906

Bulgarian Village Lozen Suffers Unannounced Electricity Disruptions

The citizens of the Bulgarian village Lozen, located in the vicinity of the capital Sofia have alarmed local media and authorities on account of unannounced electricity disruptions.

Business » Energy | July 4, 2015, Saturday // 12:05 | Viewed: 2184

Bulgaria Moves to Criminalize Unauthorized Coal Mining

Bulgaria’s Energy Ministry has detected systematic unauthorized extraction of coal at the Bobov Dol basin.

Business » Energy | July 3, 2015, Friday // 08:14 | Viewed: 1921

Bulgarian Watchdog Orders Market Withdrawal of 10 000 Liters of Diesel Fuel

10 000 liters of diesel fuel have been withdrawn from the market following inspections by a regional unit of Bulgaria’s State Agency for Metrological and Technical Surveillance at filling stations on the territory of the Silistra municipality.

Business » Energy | July 2, 2015, Thursday // 14:56 | Viewed: 1875

Bulgarian Government to Establish Energy Security Council

The Bulgarian government will establish an energy security council, which will coordinate the national policy in the energy sector and define the Bulgarian priorities within the framework of the European Energy Union.

Business » Energy | July 1, 2015, Wednesday // 13:54 | Viewed: 2417

Bulgarian Energy Commission Postpones Price Increase Decision

The Еnergy and Water Regulatory Commission held a closed sitting Monday and took the decision of extending the term at which electricity prices would remain intact.

Business » Energy | June 30, 2015, Tuesday // 11:49 | Viewed: 1978

Westinghouse-led Group Wins EU Funding to Diversify Nuclear Fuel Supply to VVER Reactors

Westinghouse Electric Company and eight European consortium partners today announced that they have received EUR 2 million in funding from the European Union (EU) to establish the security of supply of nuclear fuel for Russian-designed reactors in the EU.

Business » Energy | June 29, 2015, Monday // 15:43 | Viewed: 2918

Bulgaria to Rely on Azerbaijan for Achieving Greater Energy Diversification – President

Bulgarian President Rosen Plevneliev stated on Sunday that the country will rely on Azerbaijan for achieving a greater diversification of its energy supplies.

Business » Energy | June 29, 2015, Monday // 09:26 | Viewed: 2049

Bulgaria-Greece Gas Link Has Potential to Break Russian Monopoly – FM

Bulgarian Foreign Minister Daniel Mitov pointed to the planned gas interconnector between Bulgaria and Greece as having the potential to break Russian monopoly.

Business » Energy | June 28, 2015, Sunday // 15:07 | Viewed: 3643

Russia Does U-Turn on Ukraine Gas Transit

Russian President Vladimir Putin has demanded the beginning of talks over the continuation of gas transit via Ukraine after 2019, Gazprom CEO Alexey Miller has said.

Business » Energy | June 27, 2015, Saturday // 15:45 | Viewed: 5587

Delaying Power Price Hike Harmful - Bulgaria Energy Min

Bulgarian Energy Minister Temenuzhka Petkova has warned a move to put off electricity price hikes will have a negative impact on the energy system.

Business » Energy | June 27, 2015, Saturday // 12:20 | Viewed: 2279

Price of Natural Gas in Bulgaria Drops by 7.53% as of July 1

The price of natural gas drops by BGN 40, from BGN 524 to BGN 484 per 1000 cubic meters of gas, from July 1, according to a decision of Bulgaria’s Commission for Energy and Water Regulation (KEVR).

Business » Energy | June 26, 2015, Friday // 14:41 | Viewed: 3736

Bulgarian Watchdog Postpones Decision on 1-Month Postponement of New Electricity Prices

Bulgaria’s Commission for Energy and Water Regulation (KEVR) has postponed by Tuesday a decision on the postponement of the entry into force of new electricity tariffs by 1 month.

Business » Energy | June 26, 2015, Friday // 13:57 | Viewed: 3819

Bulgaria Received No Invitation for Turkish Stream Meeting in April - Minister

Bulgaria has not received an official invitation for the meeting of foreign ministers of Serbia, Macedonia, Greece, Turkey, and Hungary in Budapest on April 7 over the Turkish Stream gas pipeline project, according to Foreign Minister Daniel Mitov.

Business » Energy | June 26, 2015, Friday // 13:04 | Viewed: 4364

Over 1000 Companies in Bulgaria to Stop Work for 1 Hour to Protest Power Price Hike

Over 1000 large companies in Bulgaria are stopping work or switching to reduced capacity for an hour on Friday to protest an anticipated 13-20% increase in power rates for the industry.

Business » Energy | June 26, 2015, Friday // 09:57 | Viewed: 2075