Business » Energy

The EU Court Overturned the Fine of 77 Million Euros on the Bulgarian Energy Holding

The General Court of the EU overturned on Wednesday the European Commission's decision against the Bulgarian Energy Holding (BEH), which fined it 77 million euros in 2018 for violating competition rules on the European market

Business » Energy | October 25, 2023, Wednesday // 13:56 | Viewed: 3058

Bulgaria: The Construction of the 7th Unit at Kozloduy NPP Begins Soon

The construction of the 7th unit at the Kozloduy NPP is starting soon, announced Prime Minister Nikolay Denkov

Business » Energy | October 25, 2023, Wednesday // 09:58 | Viewed: 3839

Bulgaria: “Lukoil” Promised to Pay 500 Million Leva in Taxes in order to Preserve the Derogation of Russian Oil

The "Lukoil - Neftohim" refinery in Burgas has promised Bulgarian Prime Minister Nikolai Denkov to pay over 500 million leva (250 million euros) in taxes, and in return the state will keep the derogation (exception) from the European ban on the import of

Business » Energy | October 23, 2023, Monday // 13:22 | Viewed: 3824

Lukoil Refuted the Bulgarian Finance Minister - It is Not Selling the Refinery

Shortly after Finance Minister Asen Vassilev told the Financial Times (FT) that there was interest in buying the Burgas refinery, Lukoil denied it

Business » Energy | October 19, 2023, Thursday // 09:55 | Viewed: 3508

Unconfirmed: Lukoil is Selling the Oil Refinery in Burgas according to Bulgaria’s Finance Minister

"Lukoil" has started a procedure for the sale of the oil refinery in Burgas, Finance Minister Asen Vassilev said in an interview with the British newspaper "Financial Times"

Business » Energy | October 18, 2023, Wednesday // 07:40 | Viewed: 3806

Bulgaria’s Energy Minister: Nuclear and Hydro Power are expected to replace Coal

Rumen Radev said that in the updated territorial plans for a fair coal transition there is an individual approach to the three regions - Stara Zagora, Kyustendil and Pernik

Business » Energy | October 12, 2023, Thursday // 11:12 | Viewed: 3004

Bulgaria will Produce Electricity from Coal without Limits until the End of 2038

Electricity from coal will be produced without restrictions at least until December 31, 2038, the deputies decided with the adoption of the road map for energy neutrality of the Republic of Bulgaria

Business » Energy | October 7, 2023, Saturday // 09:31 | Viewed: 6042

Bulgaria: A Jump in the Price of Electricity is expected next year

Will the energy transition affect prices in Bulgaria and can the agreement between the authorities and the protesters not lead to high social and consumer prices

Business » Energy | October 5, 2023, Thursday // 09:31 | Viewed: 4229

Bulgaria may lose 1.4 Billion Leva if the Territorial Plans for the Coal Plants are not ready

Prime Minister Nikolai Denkov confirmed that he spoke with GERB leader Boyko Borissov regarding the request for amendments to the territorial plans for the coal plants

Business » Energy | September 28, 2023, Thursday // 14:32 | Viewed: 2782

Bulgaria: Fuel to Increase in Price to 3 leva while Lukoil makes 1 Billion 800 Million Excess Profit

Gas stations are trying to raise the prices of fuel and in some small towns, they are already feeling the ground with a price for ordinary diesel and gasoline of 3 leva per liter. Considering that until recently the price was around 2.30/l leva

Business » Energy | September 26, 2023, Tuesday // 09:59 | Viewed: 6147

Bulgaria is Ending the Derogation for Russian Oil?

The reasons for the draft law state that ending the derogation from the oil embargo would be the second step in depriving Lukoil, and thus the Kremlin, of additional profits to finance its military efforts in Ukraine

Business » Energy | September 14, 2023, Thursday // 08:48 | Viewed: 4195

Eurostat: Nearly a Quarter of Bulgarians Fail to Heat their Homes Sufficiently

Bulgaria is in first place among the member states of the European Union in terms of the share of people who cannot keep their homes adequately warm - 22.5 percent

Business » Energy | September 11, 2023, Monday // 14:44 | Viewed: 4112

Bulgaria is considering Giving Up Russian Oil: Fuel Prices - Unchanged?

Bulgaria can get out of the exception for Lukoil to use Russian oil until the end of 2024, without changing fuel prices

Business » Energy | September 7, 2023, Thursday // 15:13 | Viewed: 4143

The Bulgarian Prosecutor's Office is Investigating Collusion and Illegal Schemes around TurkStream

The Sofia City Prosecutor's Office (SCP) is starting operations on the Anti-Corruption Fund's revelations about violations related to the selection of a contractor and the accelerated construction of the Turkish Stream gas pipeline through Bulgaria

Business » Energy | August 31, 2023, Thursday // 14:46 | Viewed: 5195

Bulgaria’s PM suggested that Slovenia join the Project for New Kozloduy NPP Reactors

Slovenia to join the project for the new reactors in the "Kozloduy" Nuclear Power Plant either as a buyer of energy or as an investor

Business » Energy | August 29, 2023, Tuesday // 08:52 | Viewed: 2814

For the Winter: Bulgaria filled 90% of its Gas Storage Facility in Chiren Ahead of Schedule

The Bulgarian gas storage in Chiren is 90% filled with gas more than two months earlier than the deadline set by the EU to secure stocks for the winter.

Business » Energy | August 18, 2023, Friday // 11:25 | Viewed: 3601

The EC approved 16 Million Euros for the Expansion of the Bulgarian Gas storage Facility in Chiren

The European Commission has approved, in accordance with EU state aid rules, a Bulgarian measure in the amount of 16 million euros to support the expansion of the Bulgartransgaz gas storage facility in Chiren

Business » Energy | August 8, 2023, Tuesday // 16:30 | Viewed: 2958

Bulgaria: The Price for Natural Gas for August will be of 59.67 Leva per megawatt hour

The Commission for Energy and Water Regulation (EWRC) confirmed the price of natural gas for the month of August in the amount of 59.67 leva/MWh, excluding access, transmission, excise and VAT prices

Business » Energy | August 1, 2023, Tuesday // 17:37 | Viewed: 3864

Ukraine refused Negotiations with Russia for the purchase of Nuclear Reactors from Bulgaria

The Ukrainian company "Energoatom" announced that it will not sign an agreement with Russia for the purchase of nuclear reactors and other Russian-made energy equipment from Bulgaria

Business » Energy | July 16, 2023, Sunday // 09:05 | Viewed: 6575

Bulgaria might Sell the Equipment for the Belene NPP to Ukraine

Deputies from three parliamentary groups - GERB, WCC-DB and DPS - submitted a proposal to the National Assembly to attempt to sell equipment for the "Belene" Nuclear Power Plant to Ukraine through negotiations

Business » Energy | July 5, 2023, Wednesday // 13:40 | Viewed: 3633

Natural Gas in Bulgaria will become Cheaper by about 8% in July

Natural gas will become cheaper by about 8 percent in July and will be sold for about 60.50 leva per megawatt hour

Business » Energy | June 28, 2023, Wednesday // 14:06 | Viewed: 3371
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