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EC Explains South Stream Procedures Against Bulgaria

The EU Commission has explained why an infringement procedure is under way only against Bulgaria when other EU states are also involved in the South Stream project.

Business » Energy | June 3, 2014, Tuesday // 17:17 | Viewed: 1500

Gazprom Slightly Lowers Gas Supplies Estimates for 2014

Russian energy giant Gazprom has lowered its projected gas deliveries to Europe this year.

Business » Energy | June 3, 2014, Tuesday // 14:32 | Viewed: 897

Bulgarian EconMin Downplays EU Procedure over South Stream

The EU Commission's infringement procedure against Bulgaria over the South Stream pipeline project will not lead to sanctions, Economy Minister Dragomir Stoynev assured.

Business » Energy | June 3, 2014, Tuesday // 13:54 | Viewed: 1173

EU Commission Reiterates Calls on Bulgaria to Stop South Stream

The European Commission outlined the two problems it sees in the construction of Bulgaria's South Stream pipeline section to explain why it demands that it be halted.

Business » Energy | June 3, 2014, Tuesday // 11:50 | Viewed: 2026

Bulgaria's NEK at Record Loss in 2013

State-owned National Electricity Company (NEK) registered a record loss of BGN 338 M (EUR 169 M) last year, sources in the Ministry of Economy and Energy say.

Business » Energy | June 2, 2014, Monday // 15:28 | Viewed: 1636

EU Commissioner Ties South Stream to Russia's Stance on Ukraine

EU Energy Commissioner Günther Oettinger has tied the South Stream gas pipeline to the political behavior of Russia in the conflict in Ukraine.

Business » Energy | June 1, 2014, Sunday // 15:26 | Viewed: 1729

Greece Also Wants South Stream to Pass Via Its Territory

Greek officials said Thursday the country was interested in having the South Stream gas pipeline on its territory.

Business » Energy | May 30, 2014, Friday // 12:43 | Viewed: 1613

Bulgarian Energy Watchdog Seeks Lower Power Prices from US-Owned TPPs

Bulgaria's energy watchdog has sought changes to the contracts with US-owned thermal power plants AES-3C Maritza East 1 EOOD and Contur Global Maritsa Iztok-3.

Business » Energy | May 29, 2014, Thursday // 17:31 | Viewed: 1463

Bulgarian President Urges Government to Decide on South Stream

President Rosen Plevneliev called on the government to explain whether it intends to comply with EU legislation on the South Stream gas pipeline.

Business » Energy | May 29, 2014, Thursday // 15:15 | Viewed: 1649

Greece's DESFA Ready to Reverse Gas Flow to Bulgaria

Greece's gas transmission network operator DESFA has guaranteed its readiness to reverse gas flow through the reverse-flow gas grid interconnection Kulata/Sidirokastro.

Business » Energy | May 29, 2014, Thursday // 14:07 | Viewed: 1180

EU Commission Demands Freezing of South Stream Project

The South Stream gas pipeline project must be temporarily suspended until full compliance with EU law is observed, the EU Commission believes.

Business » Energy | May 29, 2014, Thursday // 10:04 | Viewed: 1530

Bulgarian Socialist MP: Revoking EDCs’ Licenses Would be Legal

GERB's motives for a no-confidence vote on the government's energy policy are hypocritical, claimed Socialist MP Krasimir Yankov.

Business » Energy | May 28, 2014, Wednesday // 15:46 | Viewed: 1120

Bulgaria's Energy Minister Vows New Strategy in June

A new energy strategy will be submitted in Parliament in June, according to Dragomir Stoynev, Minister of Economy and Energy.

Business » Energy | May 28, 2014, Wednesday // 15:08 | Viewed: 1659

Varba-Batantsi Lead, Zinc Mine in Southern Bulgaria to Open in July

The investments in the Varba-Batantsi mine near Madan, which is to open in July, amount to around BGN 15 M.

Business » Energy | May 28, 2014, Wednesday // 12:06 | Viewed: 704

EC to Take Action against Bulgaria over South Stream Agreement

EC President Barroso has told Prime Minister Oresharski that the EC will take action against Bulgaria due to non-observance of EU rules in the South Stream agreements.

Business » Energy | May 28, 2014, Wednesday // 10:52 | Viewed: 1550

US Chevron Pulls Out of Bulgaria – Report

US energy giant Chevron is leaving Bulgaria, according to energy expert Ilian Vasilev.

Business » Energy | May 28, 2014, Wednesday // 09:55 | Viewed: 1250

Sanctioned Russian Tycoon Wins Bulgaria's South Stream Bid

Russian Stroytransgaz consortium will build the Bulgarian stretch of the South Stream gas pipeline, it was revealed.

Business » Energy | May 27, 2014, Tuesday // 17:37 | Viewed: 2833

Ukraine Refutes Reports of Gazprom Debt Deal

Ukrainian Economy Minister Yuriy Prodan said "no progress" had been registered in negotiations with Russia over Kiev's debt for gas supplies.

Business » Energy | May 27, 2014, Tuesday // 12:18 | Viewed: 773

Russia, Ukraine Reach Temporary Gas Debt Agreement

Ukraine could transfer USD 2 B to Russia as early as Thursday after the two countries reached a temporary deal on part of Kiev's gas debts.

Business » Energy | May 27, 2014, Tuesday // 10:44 | Viewed: 892

Unit 5 of Bulgaria's Kozloduy NPP Switched On after Annual Overhaul

The planned annual overhaul of the 1000-MW unit 5 of the Kozloduy nuclear power plant has been wrapped up.

Business » Energy | May 25, 2014, Sunday // 12:46 | Viewed: 1078

Total, Lukoil to Develop Siberian Shale Oil Despite Sanctions

France's Total and Russia's Lukoil have agreed to jointly explore shale oil reserves in Siberia.

Business » Energy | May 23, 2014, Friday // 18:04 | Viewed: 1748
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