Business » Energy

Bulgaria's Kozloduy Nuclear Power Plant Celebrates 40th Anniversary

Bulgaria's Kozloduy nuclear power plant was launched 40 years ago today.

Business » Energy | September 4, 2014, Thursday // 15:53 | Viewed: 1058

Life Extension of Bulgaria's Kozloduy NPP Units 5, 6 Is Key Priority - Minister

Vasil Shtonov, Bulgaria's caretaker Minister of Economy and Energy, has cited the life extension of units 5, 6 of the Kozloduy nuclear power plant as one of the key priorities on his agenda.

Business » Energy | September 4, 2014, Thursday // 13:12 | Viewed: 981

Bulgaria Denies Discussing Change in South Stream Status

A senior Bulgarian cabinet member has denied a media report claiming Bulgaria and Russia are discussing possibilities to exempt  the South Stream project from EU restrictions.

Business » Energy | September 3, 2014, Wednesday // 16:10 | Viewed: 1524

Bulgaria's Interim EconMin Supports Gradual Energy Price Hike

Caretaker Economy and Energy Minister Vasil Shtonov spoke in favor of a gradual rise in electricity prices in the next years.

Business » Energy | September 3, 2014, Wednesday // 16:05 | Viewed: 1550

Bulgaria's Ministers Approve New Energy Watchdog Head

The Bulgarian energy regulator DKEVR is to have a new Chair on Wednesday as the Council of Ministers is expected to approve a new head at its regular session.

Business » Energy | September 3, 2014, Wednesday // 13:00 | Viewed: 1394

Bulgaria's President to Visit Baku Sept 23-24 to Discuss Energy Cooperation

Bulgarian President Rosen Plevneliev will visit Azerbaijan in the third week of September (23-24) to take part in the celebrations for the 20th anniversary of the so-called "Contract of the Century.

Business » Energy | September 3, 2014, Wednesday // 10:12 | Viewed: 875

South Stream Pipe-Laying Ship Arrives at Port of Burgas

One of the four vessels used in the construction of the South Stream pipeline's underwater section has arrived at the port of the Bulgarian Black Sea city of Burgas.

Business » Energy | September 3, 2014, Wednesday // 09:25 | Viewed: 977

Bulgaria’s NEK Debt Tops BGN 3 Billion

The financial position of Bulgaria’s National Electricity Company (NEK) is worsening and its debt already exceeds BGN 3.1 B, caretaker Energy Minister Vasil Shtonov has said.

Business » Energy | September 2, 2014, Tuesday // 19:48 | Viewed: 1079

Power Distributor EVN Seeks 17.9% Price Hike in Southeastern Bulgaria

Power distributor EVN has asked Bulgaria’s State Commission for Energy and Water Regulation (DKEVR) for a 17.9% price increase as of October 1.

Business » Energy | September 2, 2014, Tuesday // 12:12 | Viewed: 1342

EU Commission Motives to Freeze South Stream 'Political' - Gazprom

Russian energy concern Gazprom has accused the European Commission that it is putting a wheel on South Stream for political reasons.

Business » Energy | September 2, 2014, Tuesday // 11:27 | Viewed: 932

Bulgarian Energy Board to Hold First Session

The Energy Board, which has been recently set up by the Bulgarian government, is due to have a first meeting on Tuesday.

Business » Energy | September 2, 2014, Tuesday // 08:26 | Viewed: 880

Power of Siberia Pipeline Construction Kicks Off

Russian President Vladimir Putin has attended a ceremony to mark the first weld of the Power of Siberia held Monday.

Business » Energy | September 1, 2014, Monday // 15:36 | Viewed: 1133

Less than 5% of Bulgaria's Gas Needs Covered by Local Production

Less than 5% of natural gas consumption in Bulgaria is provided through domestic production, according to data of state-owned gas company Bulgargaz for H1, 2014.

Business » Energy | September 1, 2014, Monday // 09:40 | Viewed: 845

Bulgarian Energy Holding, CEZ, to Discuss Varna TPP Life Extension

The Bulgarian Energy Holding (BEH) and power distributor CEZ have signed a memorandum of cooperation on searching technical and economic solutions to extend the life of the Varna Thermal Power Plant.

Business » Energy | August 31, 2014, Sunday // 13:23 | Viewed: 1073

Coal Miners Protest Decision for Early Suspension of Bobov Dol TPP Unit

Five coal mining companies in Bulgaria are directly affected by the decision of the Ministry of Environment and Water to stop one of the units of the Bobov Dol Thermal Power Plant, according to trade unionists.

Business » Energy | August 29, 2014, Friday // 15:52 | Viewed: 1054

EU Commissioner: Russia Must Guarantee Gas Supplies, Ukraine Secure Transit

Russia, EU and Ukraine will renew gas talks soon and the concrete date will be set next week, according to EU Energy Commissioner Gunther Oettinger.

Business » Energy | August 29, 2014, Friday // 14:45 | Viewed: 1041

Power Price Hike as of October 1 in Bulgaria Is Inevitable – Watchdog Member

A power price hike as of October 1 is unavoidable, according to Elenko Bozhkov, member of Bulgaria's State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | August 29, 2014, Friday // 10:54 | Viewed: 1733

Bulgaria's Energy Watchdog Head, One Deputy Resign

The head of Bulgaria's energy watchdog DKEVR, Boyan Boev, and one of his deputies, Lilia Mladenova, resign, said the Energy Ministry.

Business » Energy | August 28, 2014, Thursday // 20:33 | Viewed: 980

Europe to Rely Heavily on Russian Gas Until 2020 at Least, Fitch Says

Europe will remain heavily dependent on Russian gas supplies for at least the end of this decade and “potentially much longer”, Fitch Ratings has said.

Business » Energy | August 27, 2014, Wednesday // 15:54 | Viewed: 1281

Bulgaria Decides to Set up Energy Board

Bulgaria Decides to Set up Energy Board Bulgaria’s caretaker cabinet on Wednesday decided to set up Energy Board to step up reforms in the energy sector with the aim of boosting its transparency and market efficiency.

Business » Energy | August 27, 2014, Wednesday // 15:15 | Viewed: 1297

NEK Hikes Power Prices For Some Companies

Bulgaria's National Electricity Company (NEK) hikes the prices for companies who buy electricity from the end-user EDCs by 16%, according to an announcement on NEK's website.

Business » Energy | August 27, 2014, Wednesday // 09:01 | Viewed: 904