Business » Energy

Fire Breaks Out at Lukoil Neftochim Burgas Refinery

A fire broke out on the territory of the Burgas-based Lukoil Neftochim refinery on Friday.

Business » Energy | May 15, 2015, Friday // 18:41 | Viewed: 2742

Bulgaria President Invites SKorea Companies for Oil, Gas Exploration

Bulgarian President Rosen Plevneliev has invited Korean companies to look for oil and gas exploration in the Black Sea.

Business » Energy | May 14, 2015, Thursday // 16:29 | Viewed: 1663

Bulgaria Keeps Spending Money on Burgas-Alexandroupolis Project Company

Bulgaria’s Finance Ministry will allocate BGN 100 000 from its own budget to a capital hike of the project company created for the implementation of the suspended Burgas-Alexandroupolis oil pipeline project.

Business » Energy | May 14, 2015, Thursday // 07:48 | Viewed: 3195

Bulgaria-Serbia Gas Grid Interconnector Will Boost Energy Security –Deputy Minister

The construction of the Bulgaria-Serbia gas grid interconnector will boost the energy security of both countries and of the region as a whole, according to Bulgaria’s Deputy Energy Minister Nikolay Nikolov.

Business » Energy | May 13, 2015, Wednesday // 12:09 | Viewed: 1744

Turkish Stream Will Be Costlier than South Stream – Bulgaria’s Energy Minister

Bulgarian Energy Minister Temenuzhka Petkova has insisted that the Turkish Stream gas pipeline project will be costlier than the South Stream project.

Business » Energy | May 11, 2015, Monday // 11:04 | Viewed: 2843

Pre-Tax Profit of Bulgarian Energy Holding Down 36.6% in 2014

The pre-tax profit of the Bulgarian Energy Holding (BEH) plummeted by 36.6% on an annual basis in 2014, according to a financial report of the company.

Business » Energy | May 9, 2015, Saturday // 12:15 | Viewed: 1250

Anadarko to Compete with Exxon Mobil Over Bulgarian Gas, Oil Expolration

One more company has expressed an interested in the gas and oil exploration opportunity now opening along the Bulgarian Black Sea coast.

Business » Energy | May 6, 2015, Wednesday // 17:05 | Viewed: 4801

European Commission Urges Southeastern Europe to Build More LNG Terminals

The European Commission has recommended that Southeastern European countries strive to build LNG terminals to avoid gas supply disruptions and to boost energy security.

Business » Energy | May 5, 2015, Tuesday // 12:43 | Viewed: 1976

Exxon Mobil Shows Interest in Black Sea Oil Exploration Opportunity

Exploration Manager Europe and Caspian at ExxonMobil, Stacey Weltmer has stated that the company is very much interested in winning a tender for oil and shale gas exploration mission in Bulgaria.

Business » Energy | May 5, 2015, Tuesday // 11:26 | Viewed: 2462

Bulgaria’s Kozloduy NPP Reports Profit of BGN 63.3 M for Q1, 2015

Bulgaria’s Kozloduy nuclear power plant has reported a profit of BGN 63.3 M for the first quarter of 2015, according to an analysis of the company’s activity and financial condition in the first three months of the year.

Business » Energy | May 5, 2015, Tuesday // 10:30 | Viewed: 1228

Bulgartransgaz to Open Bids for Interconnector Turkey –Bulgaria on May 8

Bids for the public procurement procedure for the feasibility study for the Interconnector Turkey –Bulgaria (ITB) will be opened on May 8, according to the Public Procurement Agency.

Business » Energy | May 4, 2015, Monday // 14:46 | Viewed: 1955

Requests for Increasing Electricity, Heating Prices Are Unfounded – Bulgaria’s Deputy PM

There is no reason for an increase in electricity prices or heating rates, according to Bulgaria’s Deputy Prime Minister Tomislav Donchev.

Business » Energy | May 4, 2015, Monday // 11:41 | Viewed: 1423

Bulgaria to Advertise Black Sea Gas Deposits in US

Delyan Dobrev, head of the parliamentary energy committee, will present Monday in Houston opportunities for oil and gas drilling in Bulgaria’s Black Sea exploration blocks to leading US and international companies.

Business » Energy | May 4, 2015, Monday // 09:40 | Viewed: 1777

Bulgaria Energy Utilities Seek Sharp Price Hikes from July

Bulgarian power distributors and heating utilities are seeking double-digit hikes in prices for end consumers from July, Nova TV reported on Thursday.

Business » Energy | April 30, 2015, Thursday // 22:08 | Viewed: 1948

Iran Tabled Rebirth of Nabucco at Meeting with Bulgaria PM, Ambassador Says

Iran put forward a revival of Nabucco project during recent talks with Bulgaria's Prime Minister and other officials, the country's Ambassador to Sofia has said.

Business » Energy | April 30, 2015, Thursday // 17:16 | Viewed: 5724

'Bulgaria's Lavish Red-Carpet Welcome to Iran's Gas'

A closed-door meeting was held between Bulgarian Prime Minister Boyko Borisov and Iran's Ambassador Abdollah Norouzi in the Bulgarian capital Sofia, an Iranian news outlet has claimed.

Business » Energy | April 27, 2015, Monday // 10:02 | Viewed: 2065

Bulgaria Has Received No Notice of Termination for South Stream Yet - Minister

Bulgaria has received no notice of termination for the South Stream gas pipeline project so far, according to Energy Minister Temenuzhka Petkova.

Business » Energy | April 25, 2015, Saturday // 14:05 | Viewed: 2038

Local Production Can Bring About 35% Reduction in Gas Prices – Deputy Energy Minister

Zhecho Stankov, Deputy Energy Minister, has said that Bulgaria expects gas prices to drop by 35% from the current rate over the next few years due to the development of local deep water oil and gas blocks in the Black Sea.

Business » Energy | April 23, 2015, Thursday // 12:20 | Viewed: 2269

Nord Pool Spot to Operate Bulgaria's Energy Exchange

Nord Pool Spot, the energy exchange running Europe's largest electricity market, signed Wednesday an agreement also to manage activity at IBEX, the Independent Bulgarian Energy Exchange.

Business » Energy | April 22, 2015, Wednesday // 21:53 | Viewed: 1455

Bulgaria-Greece Gas Link to Be Ready by end-2018

Construction of the gas interconnection grid between Bulgaria and Greece will begin in March 2016 and will be completed by the end of 2018, Bulgaria's Energy Minister has said.

Business » Energy | April 22, 2015, Wednesday // 15:41 | Viewed: 2351

Bulgaria to Host Trilateral Talks on Vertical Gas Corridor with Greece, Romania

Bulgaria is to host on Wednesday a trilateral working meeting on the construction of a vertical gas corridor with Romania and Greece.

Business » Energy | April 22, 2015, Wednesday // 08:36 | Viewed: 1911