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Business » Energy

Bulgarian Watchdog Mulls Ceiling on Prices Paid to Power Generators

Bulgaria’s State Commission for Energy and Water Regulation (DKEVR) proposes introducing a ceiling on prices paid to power generators.

Business » Energy | December 4, 2014, Thursday // 11:55 | Viewed: 643

Putin Tells Erdogan He Is 'Fed Up with Bulgarians'

"I am fed up with Bulgarians. Having the West and the European Union and their back, they are challenging and opposing us," Russian President Vladimir Putin reportedly told his Turkish counterpart.

Business » Energy | December 4, 2014, Thursday // 10:51 | Viewed: 4788

Energy Committee Chair Urges Concession Contracts for Silistar, Teres Exploration Blocks

Valentin Nikolov, Deputy Chair of the parliamentary energy committee, has recommended signing concession contracts for exploration blocks Silistar and Teres.

Business » Energy | December 4, 2014, Thursday // 10:47 | Viewed: 673

Bulgaria 'Could Swell with Anger' over South Stream - Russian MP

"Bulgaria could swell with anger" a Russian MP wrote on Twitter to comment on the South Stream project's demise.

Business » Energy | December 4, 2014, Thursday // 09:37 | Viewed: 753

Bulgarian Gov't to Start Tenders on Oil, Gas Exploration and Drilling

The Council of Ministers has moved to begin tenders for exploration and drilling in two areas within Bulgaria's economic shelf and exclusive economic zone.

Business » Energy | December 3, 2014, Wednesday // 20:37 | Viewed: 1812

South Stream Project to Top Agenda of Borisov-Juncker Talks

Bulgaria's Prime Minister Boyko Borisov is set to visit Brussels on Thursday, December 4, to meet EU Commission President Jean-Claude Juncker.

Business » Energy | December 3, 2014, Wednesday // 19:24 | Viewed: 1358

Bulgaria’s Foregone Revenue from South Stream Hard to Forecast – Energy Minister

Bulgaria’s foregone income of EUR 400 M a year allegedly resulting from Russia’s decision to drop South Stream hasn’t been mentioned in the contracts relating to the project, a Bulgarian cabinet minister said on Wednesday.

Business » Energy | December 3, 2014, Wednesday // 11:30 | Viewed: 989

CEO of Austrian OMV Not Worried of South Stream's Cancellation

Gerhard Roiss, CEO of Austrian oil and gas company OMV said that Russia's announced cancellation of the South Stream pipeline was not to have major consequences.

Business » Energy | December 2, 2014, Tuesday // 19:50 | Viewed: 1100

President Plevneliev Says Unfreezing of South Stream Tied to Russia-EU Dialogue

"To me it is more than clear that the unlocking of South Stream [is tied to] the EU's negotiations with Russia," Bulgaria's President Rosen Plevneliev has said.

Business » Energy | December 2, 2014, Tuesday // 13:25 | Viewed: 1684

NYT: Abandoning South Stream Is ‘Diplomatic Defeat’ for Putin

The decision to scrap Russia’s South Stream project and redirect the gas pipeline to Turkey seems to be a “rare diplomatic defeat” for Russian President Vladimir Putin, the New Your Times commented on Tuesday.

Business » Energy | December 2, 2014, Tuesday // 12:22 | Viewed: 1080

Economy Minister: Bulgaria Should Wait for Official Statement on South Stream

Economy Minister Bozhidar Lukarski has said that the South Stream gas pipeline should not be considered suspended until Russia comes up with an official statement on the matter.

Business » Energy | December 2, 2014, Tuesday // 11:06 | Viewed: 900

Serbia: Gazprom Has Not Announced Plans to Scrap South Stream

Serbia has not been officially informed by Gazprom about any change to the project for the construction of the South Stream gas pipeline, according to Energy Minister Alexander Antic.

Business » Energy | December 2, 2014, Tuesday // 10:09 | Viewed: 991

Bulgarian Energy Committee Deputy Chair: South Stream Termination Notice Is ‘Bluff’

Martin Dimitrov, Deputy Chair of Bulgaria’s parliamentary energy committee, has dismissed the announcement of Russian President Vladimir Putin about the suspension of the South Stream gas pipeline project as a bluff.

Business » Energy | December 2, 2014, Tuesday // 09:44 | Viewed: 1966

Bulgaria Should Seek International Arbitrage over South Stream – Ex Minister

Former Bulgarian Energy Minister Traycho Traykov has described Vladimir Putin’s announcement that the South Stream gas pipeline will not be built as a show of muscle.

Business » Energy | December 2, 2014, Tuesday // 08:52 | Viewed: 2665

Bulgarian Energy Holding Reshuffles Supervisory Board of Bulgartransgaz

The Bulgarian Energy Holding (BEH) has made changes to the Supervisory Board of state-owned gas transmission operator Bulgartransgaz.

Business » Energy | December 2, 2014, Tuesday // 08:28 | Viewed: 631

Banks Refuse Loan to Bulgaria’s Bulgargaz Twice in 6 Months

For a second time in 6 months, banks have refused to provide a loan to Bulgaria’s state-owned gas supplier Bulgargaz.

Business » Energy | November 28, 2014, Friday // 08:27 | Viewed: 779

Bulgaria’s Energy Watchdog Pledges No Power Price Hike as of January

Bulgaria’s State Commission for Energy and Water Regulation (DKEVR) does not plan to approve a new power price increase from January 1, 2015, according to DKEVR Chair Svetla Todorova.

Business » Energy | November 27, 2014, Thursday // 14:03 | Viewed: 751

Bulgarian Energy Holding Conducts Top-level Reshuffle at Several Companies

The Board of Directors of the Bulgarian Energy Holding (BEH) has carried out a top-level reshuffle at a number of state-owned energy companies.

Business » Energy | November 26, 2014, Wednesday // 18:36 | Viewed: 875

Russia Will Build South Stream if Europe Wants to Reduce Gas Transit Risks - Minister

Russia will build the South Stream pipeline if Europe needs to diminish transit risks and secure stable gas supplies, according to Russia’s Economic Development Minister Alexey Ulyukayev.

Business » Energy | November 26, 2014, Wednesday // 16:44 | Viewed: 1015

Minister Vows Comprehensive Audit of Bulgaria’s Energy Sector

Bulgaria’s Energy Minister Temenuzhka Petkova has vowed a comprehensive audit of the sector to establish the financial gap and identify ways of overcoming it.

Business » Energy | November 26, 2014, Wednesday // 15:48 | Viewed: 725

Construction of South Stream Underwater Section to Start December 15

The launch of the construction works for the underwater section of the South Stream gas pipeline has been postponed by a month, according to a Gazprom official.

Business » Energy | November 24, 2014, Monday // 20:12 | Viewed: 1141