Business » Energy

Bulgaria's NEK Repays EUR 309 M Debt to Local Unit of U.S.-based AES Corp

Bulgarian wholesale electricity supplier NEK has repaid EUR 309 M in outstanding debt owed to coal-fired AES 3C Maritza East I power plant, a subsidiary of U.

Business » Energy | April 27, 2016, Wednesday // 19:05 | Viewed: 2895

Bulgaria’s BEH Signs EUR 535 M Loan Deal to Repay Debt to Units of AES, ContourGlobal

State-owned Bulgarian Energy Holding (BEH) group has agreed a bridge loan of EUR 535 M to repay debt of its subsidiary NEK to the local units of U.

Business » Energy | April 25, 2016, Monday // 17:59 | Viewed: 4842

Competition Regulator Carries out Inspection at OMV Bulgaria

Officials of the Commission for Protection of Competition (KZK) are conducting a sudden inspection at the premises of OMV Bulgaria on Monday.

Business » Energy | April 25, 2016, Monday // 14:50 | Viewed: 4935

Bulgaria's Competition Watchdog Conducts Inspections at Shell, Eko

Officials of the Commission for Protection of Competition (KZK) are conducting sudden inspections at the premises of Shell Bulgaria and Eko Bulgaria on Friday.

Business » Energy | April 22, 2016, Friday // 15:57 | Viewed: 5070

Noble Globetrotter II to Start Drilling for Gas off Bulgaria’s Coast in May

The Noble Globetrotter II will start drilling for oil and gas in the Black Sea block of Khan Asparuh off Bulgaria’s coast early next month, Total's General Manager for Bulgaria, Xavier Faugeras, has announced.

Business » Energy | April 19, 2016, Tuesday // 16:54 | Viewed: 6228

Offshore Gas Exploration to Begin in Bulgaria's Khan Asparuh

The exploration vessel set to carry out the first drilling at the Black Sea block of Khan Asparuh is to be officially shown on Tuesday.

Business » Energy | April 19, 2016, Tuesday // 10:12 | Viewed: 5162

Energy's Future Not in Large-Scale Projects, Bulgaria President Says

Bulgarian President Rosen Plevneliev has called for the creation of a genuine European energy market.

Business » Energy | April 16, 2016, Saturday // 12:41 | Viewed: 4527

Bulgaria Seeks Inclusion into Visegrad Group's Energy Projects

Bulgaria's President Rosen Plevneliev has said his country is looking for Slovakia's support for its involvement in energy projects currently developed by the Visegrad Group.

Business » Energy | April 16, 2016, Saturday // 08:39 | Viewed: 5227

Bulgaria Seeks Chinese Investors into Nuclear Power

Bulgaria is looking for a strategic investor into an expansion of nuclear capacities, Energy Minister Temenuzhka Petkova has told a committee in Parliament.

Business » Energy | April 15, 2016, Friday // 10:27 | Viewed: 5491

Bulgaria Hikes Capital of Project Co for Abandoned Oil Pipeline

The Bulgarian government has issued new bonds boosting the capital of the project company managing the Burgas-Alexandroupoli oil pipeline, a ditched project between Bulgaria, Greece, and Russia.

Business » Energy | April 13, 2016, Wednesday // 12:36 | Viewed: 5460

Bulgaria Commissions Upgraded Strandzha Gas Compressor Station

Bulgaria has commissioned the third of four modernized compressor stations, which is transiting 85% of natural gas to the country’s neighbours, the Energy Ministry announced on Monday.

Business » Energy | April 11, 2016, Monday // 18:30 | Viewed: 5046

Bulgaria's Gas Hub Proposal 'Not on Agenda' in Moscow

Russian Energy Minister Alexander Novak has made clear that Bulgaria's intentions to build a "gas hub" are not being discussed in Moscow.

Business » Energy | April 9, 2016, Saturday // 11:57 | Viewed: 5495

Unit 5 of Bulgaria's Kozloduy Nuclear Plant Shut Down for Planned Repair

A unit of Kozloduy Nuclear Power Plant (NPP) in Bulgaria has been switched off to undergo repair, plant officials have said.

Business » Energy | April 9, 2016, Saturday // 11:13 | Viewed: 4896

Overgas Takes Gazprom to Court over Halt in Supplies

Bulgaria's biggest private gas supplier Overgas is challenging actions of Russian energy giant Gazprom in court, three months after the company faced a halt in deliveries.

Business » Energy | April 7, 2016, Thursday // 12:18 | Viewed: 5284

Austria’s Habau Signs Deal to Build Last Section of Bulgaria-Romania Gas Link

Bulgartransgaz and Transgaz, the gas transmission operators of Bulgaria and Romania, have signed a contract with Austria’s Habau PPS Pipeline Systems SRL for the construction of the last section of a gas link between the two southeast E

Business » Energy | April 6, 2016, Wednesday // 16:38 | Viewed: 4506

Bulgaria's Competition Regulator Conducts Inspections at Lukoil, Rompetrol

Officials of the Commission for Protection of Competition (KZK) are conducting sudden inspections at the offices of Lukoil Bulgaria and Rompetrol Bulgaria on Wednesday

Business » Energy | April 6, 2016, Wednesday // 13:59 | Viewed: 4556

Bulgarian Energy Regulator Plans Stiffer Sanctions for Electricity Theft

Bulgaria’s energy regulator plans to treble the price of electricity paid in cases of power theft and also increase the period, for which the penalty tariff is applied retroactively.

Business » Energy | April 5, 2016, Tuesday // 22:05 | Viewed: 4434

Bulgaria, Romania to Sign Deal with Austria’s Habau to Build Gas Link across Danube

The gas transmission operators of Bulgaria and Romania, Bulgartransgaz and Transgaz, will sign a contract with Austria’s Habau PPS Pipeline Systems SRL for the construction of the section of a gas interconnection under the Danube river.

Business » Energy | April 5, 2016, Tuesday // 20:35 | Viewed: 4511

Six Companies Submit Offers to Use Bulgaria-Greece Gas Link

Bulgaria's government has received six indicative offers to use capacity of the gas interconnector that is to be built between Bulgaria and Greece, Energy Minister Temenuzhka Petkova has said.

Business » Energy | April 1, 2016, Friday // 14:50 | Viewed: 4948

Bulgarian Energy Regulator Cuts Gas Price by 23% from 1 April

Bulgaria’s energy regulator has endorsed a proposal of state-owned wholesale gas supplier Bulgargaz to cut natural gas price by 23.

Business » Energy | March 31, 2016, Thursday // 22:03 | Viewed: 4343

Bulgaria Plans to Finalise Gas Hub Project in Month and a Half  

Bulgaria’s project for building a natural gas hub on its Black Sea coast is expected to be finalized in a month and a half, Deputy Prime Minister Tomislav Donchev has said.

Business » Energy | March 25, 2016, Friday // 21:04 | Viewed: 5488