KEYWORDS TODAY:   South KoreaUkraineDonetsk

Business » Energy

EVN To Sue Bulgaria For EUR 1 B

The electricity distributing company EVN has hired an international lawyer and plans to sue Bulgaria for EUR 1 B if its business is nationalized.

Business » Energy | March 25, 2014, Tuesday // 13:07 | Viewed: 1090

Liberalization of Bulgaria's Electricity Market Will Increase Prices

The 2015 liberalization of Bulgaria's electricity market will increase the prices by 30-40%, if energy efficiency is not improved, warn experts.

Business » Energy | March 24, 2014, Monday // 14:28 | Viewed: 1141

Bulgarian Watchdog Vows No Power Price Hikes, Supply Disruptions

Bulgaria's State Commission for Energy and Water Regulation (DKEVR) has assured that a possible suspension of the licenses of local power distributors will not affect consumers.

Business » Energy | March 23, 2014, Sunday // 15:41 | Viewed: 1145

Bulgarian Ex Energy Minister: No Power Price Hikes by EP Elections

Former Bulgarian Energy Minister Rumen Ovcharov has suggested that electricity prices can remain unchanged by the European Parliament elections in May.

Business » Energy | March 23, 2014, Sunday // 11:23 | Viewed: 997

Blacklisted Russian Tycoon to Build South Stream - Report

Gennady Timchenko, included in US list of sanctions over Ukraine, is to build Bulgaria's part of the South Stream.

Business » Energy | March 21, 2014, Friday // 17:39 | Viewed: 1959

Bulgarian Minister Snubs Accusation of Blundering South Stream Project

Bulgarian Energy Minister Dragomir Stoynev has rejected accusations that the current government is to blame for bringing the South Stream gas pipeline project to a standstill.

Business » Energy | March 21, 2014, Friday // 15:21 | Viewed: 1959

OMV Sets Eyes on Potential Black Sea Gas Deposits

Significant amounts of natural gas could be extracted from Bulgaria's Khan Asparuh deep-water block, OMV believes.

Business » Energy | March 21, 2014, Friday // 12:55 | Viewed: 1130

Key South Stream Shareholder Doubts Its Future

The future of the South Stream pipeline is unclear and probably it will not be realized soon, said the head of the Italian company Eni, Paolo Scaroni.

Business » Energy | March 21, 2014, Friday // 11:54 | Viewed: 1082

Fitch Ratings Affirms Bulgarian Energy Holding at 'BB+'

Fitch Ratings has affirmed the Bulgarian Energy Holding's long-term foreign currency issuer default rating (IDR) and long-term local currency IDR at 'BB+' with a stable outlook.

Business » Energy | March 20, 2014, Thursday // 16:32 | Viewed: 1023

Bulgaria's Energy Watchdog Pledges No Power Price Hike

There will be no price hike for the electricity in Bulgaria, said Elenko Bozhkov of the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | March 20, 2014, Thursday // 14:58 | Viewed: 1228

Bulgarian Employer Associations Seek Representation in Energy Watchdog

The Confederation of Employers and Industrialists in Bulgaria (CEIBG) has demanded representation in the energy watchdog.

Business » Energy | March 20, 2014, Thursday // 13:29 | Viewed: 674

Warm Weather Might Bring Losses to Bulgaria's NPP

he decreased electricity consumption might bring BGN 8 M losses to Bulgaria's nuclear power plant Kozlodui.

Business » Energy | March 20, 2014, Thursday // 13:19 | Viewed: 682

Bulgargaz To Cut Natural Gas Price by 5% in April

A total of 4.56% price reduction of natural gas is expected as of April 1, Bulgaria's State Commission for Energy and Water Regulation chair Boyan Boev announced.

Business » Energy | March 20, 2014, Thursday // 11:59 | Viewed: 718

Bulgarian Energy Watchdog to Cancel Permits of Power Distributors

Bulgaria's energy watchdog DKEVR has launched a procedure to suspend the license of power distributors in the country.

Business » Energy | March 19, 2014, Wednesday // 15:33 | Viewed: 1267

Power Distributor EVN Orders Green Energy Restrictions

EVN has requested that renewable energy plants connected to its power grid in Bulgaria dwindle production capacities by 60%.

Business » Energy | March 19, 2014, Wednesday // 13:47 | Viewed: 1088

Electricity Price Hike 'Possible', Says Bulgarian Energy Watchdog

Prices of electricity might go up if power distributors can prove their expenses have increased.

Business » Energy | March 19, 2014, Wednesday // 11:30 | Viewed: 759

Bulgaria Watchdog to Decide on Suspending Power Distributors' Permits

Bulgaria's State Commission for Energy and Water Regulation is to decide Wednesday on a procedure for the termination of the licenses of the three power distributors.

Business » Energy | March 19, 2014, Wednesday // 09:25 | Viewed: 827

Debts of Sofia Heating Utility to Bulgargaz Swell to BGN 0.5B

The debts of heating utility Toplofikatsiya Sofia to the Bulgarian Energy Holding (BEH) have increased to BGN 555 000 000.

Business » Energy | March 19, 2014, Wednesday // 08:57 | Viewed: 671

Bulgaria's EDCs: We Are Concerned About the Energy Sector

Two of three of Bulgaria's electricity distribution companies (EDCs), EVN and CEZ, expressed their concern with the situation with the country's energy sectors.

Business » Energy | March 18, 2014, Tuesday // 16:27 | Viewed: 866

EVN, Energo-Pro Fined BGN 1 M Each, CEZ To Follow Suit

The State Commission for Energy and Water Regulation (DKEVR) fined the power distributors EVN and Energo-Pro BGN 1 M each, said the commission's head Boyan Boev.

Business » Energy | March 18, 2014, Tuesday // 12:55 | Viewed: 926

Bulgarian Photovoltaic Association Proposes Energy Board

The Bulgarian Photovoltaic Association (BPVA) has proposed the establishment of an energy board for the financial stabilization and restructuring of the energy sector.

Business » Energy | March 17, 2014, Monday // 20:44 | Viewed: 1122
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria