Business » Energy

Gas Hub, Kozloduy NPP's Units 5-6 Top Agenda of Bulgaria-Russia Committee

An intergovernmental committee between Bulgaria and Russia has discussed Sofia's gas hub project and the modernization of nuclear units in its first session in five years.

Business » Energy | January 27, 2016, Wednesday // 22:02 | Viewed: 2561

Bulgarian Energy Regulator Expects 20% Drop in Natgas Price in Q2

The price of natural gas in Bulgaria is expected to fall by about one-fifth from the beginning of April, reflecting a sustained decline in global oil prices, the head of the country’s energy regulator has forecast.

Business » Energy | January 27, 2016, Wednesday // 15:01 | Viewed: 2139

Two Bulgarian Projects to be Allocated Funding Under Connecting Europe Facility

Two Bulgarian energy projects will be allocated financing under the EU's Connecting Europe Facility funding programme for infrastructure.

Business » Energy | January 25, 2016, Monday // 14:51 | Viewed: 5374

Bulgarian Presidency Procures Electricity on Free Market

The President's Office has announced a public procurement procedure to be supplied with electricity, its press service has said.

Business » Energy | January 25, 2016, Monday // 13:11 | Viewed: 4691

Prices at Bulgaria's New Energy Exchange 'Unexpectedly Low'

Electricity prices at the newly set up Independent Bulgarian Energy Exchange (IBEX) are at surprisingly low levels, just two days after IBEX started "real" trade, an electricity traders' union has warned.

Business » Energy | January 21, 2016, Thursday // 14:16 | Viewed: 2540

Gazprom Declares Termination of South Stream Agreement

Gazprom announced on Wednesday that the agreement on the planned South Stream natural gas pipeline has been terminated.

Business » Energy | January 20, 2016, Wednesday // 12:02 | Viewed: 5237

Bulgaria to Get EUR 850,000 Grant to Improve Gas Transmission Network

Bulgaria will receive an EU grant of EUR 850,000  for the rehabilitation, modernization and expansion of its gas transmission system under the Connecting Europe Facility (CEF), an EU funding programme for infrastructure.

Business » Energy | January 19, 2016, Tuesday // 16:07 | Viewed: 2913

Bulgaria's Energy Exchange Starts Electricity Trade

After more than a month in trial mode, the Independent Bulgarian Energy Exchange (IBEX) begins trading electricity on Tuesday, its CEO has said.

Business » Energy | January 19, 2016, Tuesday // 12:46 | Viewed: 2463

Bulgaria's South Stream Hopes Look 'Bleak' - Stratfor

No matter how interested Bulgaria is in pursuing the South Stream project, the outcome looks bleak, Stratfor writes in an analysis of Russian gas infrastructure plans.

Business » Energy | January 18, 2016, Monday // 11:59 | Viewed: 2853

A Third of Bulgarians Facing Energy Poverty

Vulnerable energy consumers amount to 30 percent - or nearly a third - of the Bulgarian population, the country's Energy Minister has said.

Business » Energy | January 15, 2016, Friday // 17:35 | Viewed: 3862

Italy Switches Position on Nord Stream-2 Pipeline

The Italian government has asked to participate in the enlargement of Nord Stream pipeline project, the Italian edition of the Huffington Post.

Business » Energy | January 11, 2016, Monday // 18:19 | Viewed: 6201

Decision on Overgas Supplies due on Monday - CEO

The head of private gas supplier Overgas on Sunday he would talk to Russian energy officials in the beginning of the week.

Business » Energy | January 11, 2016, Monday // 11:57 | Viewed: 2048

Bulgaria Govt Denies South Stream Is to Be Renewed

Russia is set to continue with the South Stream pipeline project in a matter of few weeks, a Bulgarian mass circulation daily has reported.

Business » Energy | January 11, 2016, Monday // 09:57 | Viewed: 7954

Bulgaria's Overgas 'Warned EU' Russia Might Seek to Renew South Stream

Bulgaria's largest private gas supplier Overgas wrote a letter to the European Commission in December voicing his suspicion that Russia is seeking to "reanimate the South Stream project", Brussels-based website EurActiv claims.

Business » Energy | January 7, 2016, Thursday // 07:58 | Viewed: 4569

EurActiv: ”Bulgarian gas wars uncover hidden Gazprom strategies”

The decision of Russia’s Gazprom to halt gas supplies to Bulgaria’s Overgas “provided insight into the broader strategies of the Russian gas monopoly in Bulgaria, and the local interests involved,” reads an article published by EurActiv.

Business » Energy | January 6, 2016, Wednesday // 19:03 | Viewed: 4536

Bulgarian Energy Regulator Launches Inspection of Overgas

The Energy and Water Regulatory Commission (KEVR) announced on Wednesday that it is launching an inspection into Bulgaria's largest gas company Overgas.

Business » Energy | January 6, 2016, Wednesday // 13:53 | Viewed: 2200

Electricity Consumption in Bulgaria Up 2.5% in 2015

Consumption of electricity increased in 2015, reversing a downward trend observed in the past four years, an official with Bulgaria's Electricity System Operator (ESO) has said.

Business » Energy | January 5, 2016, Tuesday // 14:38 | Viewed: 3676

PM Has Ambition to Turn Bulgaria Into Regional Centre for Transit of Gas

Prime Minister Boyko Borisov expressed his ambition to turn Bulgaria into a key state for the transit of natural gas in the region of Southeastern and Central Europe.

Business » Energy | January 5, 2016, Tuesday // 09:05 | Viewed: 2548

Bulgarian Energy Minister Foresees No Power Price Hike Until Summer

Bulgarian Energy Minister Temenuzhka Petkova foresees no increase in the price of electricity at least until the summer.

Business » Energy | January 4, 2016, Monday // 19:13 | Viewed: 1976

Bulgaria's PM: Overgas Crisis Was 'Plot against Govt'

Bulgarian Prime Minister Boyko Borisov on Monday described recent developments related to private gas supplier Overgas as a "plot against the government".

Business » Energy | January 4, 2016, Monday // 10:21 | Viewed: 2741

Bulgarian Energy Holding CEO Praises State for Averting 'Gas Crisis'

The head of the state-owned Bulgarian Energy Holding (BEH) has praised officials for helping avert a crisis in gas supplies that could have followed a halt in deliveries from Gazprom Export to Bulgaria's biggest private gas supplier.

Business » Energy | January 4, 2016, Monday // 09:34 | Viewed: 1988