Business » Energy

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

Bulgaria Is Falling Behind National Biofuel Targets – Audit Office

Bulgaria’s National Audit Office has cautioned in a report that the country is falling to meet biofuel production and use targets.

Business » Energy | June 25, 2015, Thursday // 16:05 | Viewed: 1693

Bulgarian MPs Pave Way for 1-Month Power Price Freeze

Energy Act amendments allowing Bulgaria’s Commission for Energy and Eater Regulation (KEVR) to extend by up to a month the ongoing regulatory period ending on June 30 have passed first and second reading in parliament.

Business » Energy | June 25, 2015, Thursday // 14:31 | Viewed: 1463

Bulgaria Power Co 'to Return to Profitability' in 2016

The new pricing model due to be applied by Bulgaria's national energy regulator KEVR will help the state-owned utility company return to profitability next year, KEVR's head has said.

Business » Energy | June 24, 2015, Wednesday // 12:45 | Viewed: 4060

Bulgarian Parliament to Hold Hearing of Energy Watchdog over Electricity Prices

The Bulgarian Parliament will start its work on Wednesday by holding a hearing of the Commission for Energy and Water Regulation (KEVR) on its proposed model for electricity prices from July 1.

Business » Energy | June 24, 2015, Wednesday // 08:32 | Viewed: 3436

Bulgaria Parliament Committee Agrees to Delay Power Price Hike

A committee with Bulgaria's Parliament overseeing activities at energy watchdog KEVR has passed amendments to put off an increase in electricity prices for a month.

Business » Energy | June 23, 2015, Tuesday // 19:04 | Viewed: 3122

Bulgaria 'Determined Not to Renew Oil Pipeline' - Russia Energy Min

Russian Energy Minister Alexander Novak on Tuesday said his Bulgarian colleagues haven't changed their mind about withdrawing from the Burgas-Alexandroupolis pipeline project.

Business » Energy | June 23, 2015, Tuesday // 17:01 | Viewed: 3437

Saipem 700 Pipe-Laying Vessel Leaves Bulgaria’s Port Burgas To Join Turkish Stream

The special vessel that was supposed to lay the pipes for the South Stream gas pipeline has left Bulgaria’s Port Burgas to start work on the Turkish Stream gas pipeline project.

Business » Energy | June 23, 2015, Tuesday // 14:20 | Viewed: 5423

Energy Watchdog Chair Sheds Light on Discount on Power Tariff Component for Industrial Consumers

Ivan Ivanov, Chair of Bulgaria’s Commission for Energy and Water Regulation, has underscored that EU law entitles large industrial enterprises to discounts on the “obligation to society” surcharge included in electricity prices.

Business » Energy | June 23, 2015, Tuesday // 12:53 | Viewed: 2966

Bulgarian Associations of Employers Seek Power Price Freeze by end-2015

Bulgaria’s four major associations of employers have called for a power price freeze by end-2015.

Business » Energy | June 21, 2015, Sunday // 16:30 | Viewed: 1988

Bulgaria’s Govt Opposes Power Price Hike as of July 1 – Deputy PM

Bulgaria’s government opposes the planned increase in power rates as of July 1, according to Deputy Prime Minister Tomislav Donchev.

Business » Energy | June 21, 2015, Sunday // 14:28 | Viewed: 2012

Bulgaria Fully Compliant with EU Rules after South Stream Cancellation – Foreign Minister

Bulgaria ensured compliance with all EU rules after the suspension of the South Stream gas pipeline project, according to Foreign Minister Daniel Mitov.

Business » Energy | June 21, 2015, Sunday // 12:14 | Viewed: 2493

Bulgaria’s PM, Ministers, Discuss Power Rate Hike for Industrial Consumers

Bulgarian Prime Minister Boyko Borisov has summoned a meeting of all ministers over the planned increase in electricity prices for industrial consumers as of July 1.

Business » Energy | June 21, 2015, Sunday // 10:48 | Viewed: 1820

Bulgaria Power Price Hike 'Backed by Intl Business Unions'

Several business unions of international companies have moved to support Bulgarian energy watchdog KEVR's intention to increase electricity prices for industrial consumers, Capital Daily says.

Business » Energy | June 20, 2015, Saturday // 15:04 | Viewed: 3537

Bulgaria Tables Gas Hub Proposal in Russia

Bulgarian Energy Minister Temenuzhka Petkova has told Russian counterpart Alexander Novak that Sofia is proposing the construction of a gas hub on Bulgarian soil.

Business » Energy | June 20, 2015, Saturday // 11:56 | Viewed: 4785

Bulgaria PM 'Ready to Join Protests over Power Price Hike'

Prime Minister Boyko Borisov has said he will join demonstrations of business unions against planned hikes in electricity prices if such action is called.

Business » Energy | June 20, 2015, Saturday // 11:32 | Viewed: 2259