Business » Energy

Putin Says Russia 'Could Build Bulgaria Offshoot of Turkish Stream'

Russia might direct a new pipe to Bulgaria functioning as a ramification of its planned gas pipeline to Turkey, President Vladimir Putin has hinted.

Business » Energy | February 18, 2015, Wednesday // 00:45 | Viewed: 2521

Russian Rosatom to Start Building Two Units at Hungarian NPP

The Russian nuclear power corporation Rosatom will start the construction of two units at the Hungarian nuclear power plant (NPP) Paks in the spring.

Business » Energy | February 17, 2015, Tuesday // 21:51 | Viewed: 1335

Future of Oil Prices Remains Unclear

Rosneft CEO Igor Sechin stated Friday that if investment in the oil industry goes back up, oil prices may remain at USD 60- 80 per barrel.

Business » Energy | February 13, 2015, Friday // 19:30 | Viewed: 1143

Liberalisation of Electricity Market to be Concluded by End of Year – MP

Delyan Dobrev, chairperson of the parliamentary Energy Committee, said that the liberalisation of the electricity market in Bulgaria should be completed in practice by the end of the year.

Business » Energy | February 13, 2015, Friday // 14:57 | Viewed: 1427

Turkey Determined to Build TANAP Gas Pipeline

Turkish Energy Minister Taner Yildiz has described the Trans Anatolian Natural Gas Pipeline (TANAP) as a priority project for the country.

Business » Energy | February 13, 2015, Friday // 10:26 | Viewed: 1971

Gas Interconnector with Greece Expected to be Launched by 2018

Bulgarian Energy Minister Temenuzhka Petkova said on Thursday that the planned gas interconnection grid with Greece is expected to become fully operational by 2018.

Business » Energy | February 12, 2015, Thursday // 16:00 | Viewed: 1195

Vertical Gas Corridor May Be Ready by 2019 – Romanian Media

The development of plans for the construction of a Vertical Corridor connecting the gas grids of Bulgaria, Greece, and Romania has reached an advanced stage, according to Romanian authorities.

Business » Energy | February 12, 2015, Thursday // 12:39 | Viewed: 1387

Bulgargaz to Propose Gas Price Cut for Q2, 2015 to Energy Watchdog

Bulgaria’s state-owned gas supplier Bulgargaz will propose a reduction in the price of natural gas in Q2, 2015 to the energy watchdog.

Business » Energy | February 11, 2015, Wednesday // 17:27 | Viewed: 925

Bulgaria Allocates Further BGN 15 M for Energy Effectiveness Projects

The Bulgarian government decided at its meeting on Wednesday to allocate further BGN 15 M for additional co-financing of energy effectiveness projects.

Business » Energy | February 11, 2015, Wednesday // 14:57 | Viewed: 903

Bulgarian Minister to Attend Meeting of Consultative Council on Southern Gas Corridor

Bulgaria’s Energy Minister Temenuzhka Petkova will take part in the first meeting of the Consultative Council on the Southern Gas Corridor project.

Business » Energy | February 11, 2015, Wednesday // 13:40 | Viewed: 1009

Bulgaria to Launch Tenders for Silistar, Teres Exploration Blocks in 2 Weeks

Delyan Dobrev, head of Bulgaria’s parliamentary energy committee, has presented an upcoming tendering procedure for two Black Sea exploration blocks to representatives of Norwegian oil and gas company Statoil.

Business » Energy | February 10, 2015, Tuesday // 18:09 | Viewed: 1416

Oil Trade Challenges Outlined in International Energy Agency Report

The USA is pointed out as the leader in world oil markets in the annual Medium-Term Oil Market report published by the International Energy Agency on Tuesday.

Business » Energy | February 10, 2015, Tuesday // 12:45 | Viewed: 1061

Bulgarian President: EU Energy Union to Deepen Integration

Bulgarian President Rosen Plevneliev said on Monday that the establishment of an EU Energy Union will bring the level of European political and economic integration to a new level.

Business » Energy | February 10, 2015, Tuesday // 08:08 | Viewed: 1530

Proposed Gas Hub in Bulgaria to Cost EUR 2.2 B, PM Borisov Says

Building a gas distribution centre in Bulgaria to serve South Eastern Europe and the EU would cost EUR 2.2 B, Prime Minister Boyko Borisov said on Monday.

Business » Energy | February 9, 2015, Monday // 19:48 | Viewed: 1279

Bulgaria’s Port Varna Registers Profit of BGN 2 M from Storing South Stream Pipes

Port Varna has registered a profit of over BGN 2 M for the past five months from the processing and storing of 65 tonnes of pipes earmarked for the offshore section of South Stream, according to Dimitar Atanasov, Chairman of the BoD of Port Varna.

Business » Energy | February 9, 2015, Monday // 17:25 | Viewed: 1153

CSEE Moves to Diversify Gas Supplies

Finding three different sources of natural gas supplies in order to reduce dependence on Russian deliveries will the main task of a new European energy body set up on Monday in Sofia.

Business » Energy | February 9, 2015, Monday // 16:40 | Viewed: 1133

PM Borisov: Bulgaria Has Potential to Become Gas Distribution Center

Bulgaria is one of the most intensely interested EU countries in guaranteeing the security of energy supplies and achieving energy diversification, according to Bulgarian Prime Minister Boyko Borisov.

Business » Energy | February 9, 2015, Monday // 13:43 | Viewed: 1277

Sofia Hosts Energy Diversification Talks

High-level negotiations on the possibility of building a gas hub in Bulgaria will be held on Monday.

Business » Energy | February 9, 2015, Monday // 10:10 | Viewed: 1001

Bulgaria's CEZ Pledges to Improve Quality of Services after Lozen Protests

In an official press release, electricity distributing company CEZ has taken up the responsibility of improving the quality of the provided services in Lozen.

Business » Energy | February 8, 2015, Sunday // 16:46 | Viewed: 1282

Hundreds Stage Protest Over CEZ Power Failures in Bulgaria's Lozen

Close to 400 protesters from the Sofia village of Lozen gathered on Sunday to express their dissatisfaction with the services of CEZ electricity distribution company.

Business » Energy | February 8, 2015, Sunday // 14:43 | Viewed: 1823

Gazprom, Botas Map Out Turkish Stream Route

Gazprom's CEO Alexey Miller and Turkey's Minister of Energy and Natural Resources Taner Yildiz have discussed the details over the launch of Turkish Stream.

Business » Energy | February 8, 2015, Sunday // 13:58 | Viewed: 1709