Business » Energy

US Delegation Meeting Bulgaria's Energy Minister

A US delegation has arrived at the Bulgarian Energy Ministry for negotiations, the ministry has confirmed.

Business » Energy | April 2, 2015, Thursday // 11:43 | Viewed: 1371

Bulgaria Cannot Uphold Agreement on Kozloduy NPP Unit 7 with US Westinghouse - PM

Bulgaria is only ready to work on the agreement with Westinghouse Electric for unit 7 of the Kozloduy NPP provided that the company participates in the project as an investor, according to Prime Minister Boyko Borisov.

Business » Energy | April 1, 2015, Wednesday // 15:48 | Viewed: 2318

Bulgaria’s Gorna Arda Hydropower Complex Project Not Frozen

The Gorna Arda hydropower complex project has not been frozen despite the fact that the launch of construction works has been delayed for almost a year.

Business » Energy | March 31, 2015, Tuesday // 09:05 | Viewed: 1116

Construction of Gas Interconnector Greece-Bulgaria May Start in March 2016

The construction of the second Bulgaria-Greece gas pipeline interconnection (IGB Pipeline) may start in March 2016, according to reports of Bulgaria’s Energy Ministry.

Business » Energy | March 30, 2015, Monday // 14:55 | Viewed: 1957

Bulgargaz CEO Anticipates 13% Gas Price Decrease from April, 10% Decrease from July

Petyo Ivanov, CEO of Bulgaria’s state-owned gas supplier Bulgargaz, has said that gas rates are expected to drop by around 13% from April, with a possibility for a new price decrease of up to 10% in July.

Business » Energy | March 30, 2015, Monday // 09:59 | Viewed: 1142

Bulgarian Project Company for Oil Pipeline Burgas-Alexandroupolis Welcomes New CEO

The Bulgarian project company established for the Burgas-Alexandroupolis oil pipeline, which was suspended several years ago, will undergo a senior-level reshuffle as of March 31.

Business » Energy | March 27, 2015, Friday // 19:43 | Viewed: 1325

Bulgarian Energy Ministry to Review Westinghouse Contract

The agreement between Bulgarian government and the US-based company Westinghouse regarding the construction of a seventh block to the Kozlodui nuclear power plant will be reviewed.

Business » Energy | March 26, 2015, Thursday // 15:49 | Viewed: 1653

Bulgaria Coalition Partners to Back Ivan Ivanov as Energy Committee Head

The main coalition partners in Bulgaria's government have agreed to support the candidacy of Ivan Ivanov, an energy expert and former lawmaker, to take over the national energy regulator KEVR.

Business » Energy | March 26, 2015, Thursday // 10:33 | Viewed: 1016

EU Commission Accuses Bulgarian Energy Holding of Gas Market Abuse

State-owned Bulgarian Energy Holding (BEH) has been charged with breaching EU anti-trust rules, the European Commission said on Monday.

Business » Energy | March 23, 2015, Monday // 14:56 | Viewed: 1393

Dismantling of Bulgarian NPP Kozloduy's Smaller Units Starts

The partition of the smaller units of the nuclear power station Kozlodui has started so that the metal remnants can be submitted for recycling.

Business » Energy | March 23, 2015, Monday // 13:58 | Viewed: 894

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: 7345

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: 1556

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: 1245

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: 5398

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: 1228

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: 1315

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: 1323

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: 1586

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: 1575

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: 1536

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: 1285