Business » Energy

Azerbaijan to Kick-off Earthwork on TANAP Gas Pipeline in April 2015

Earthwork for the construction of Trans-Anatolian gas pipeline (TANAP) will start on April 1 next year, the President of Azerbaijan's State Oil Company (SOCAR) Rovnag Abdullayev said on Tuesday.

Business » Energy | September 9, 2014, Tuesday // 21:16 | Viewed: 1040

Western Companies Allowed to Use Ukraine Gas System

Ukrainian President Petro Poroshenko has signed a bill allowing the concession of underground gas depots to EU and US companies especially created for that purpose.

Business » Energy | September 8, 2014, Monday // 13:33 | Viewed: 698

Trade Unions, Caretaker Govt Agree on Operational Scheme of Bulgarian Bobov Dol TPP

Chief executives of the Bobov Dol thermal power plant and trade union representatives have reached agreement with Bulgaria's caretaker government on normalizing the work at the plant and the coal mining companies in the region.

Business » Energy | September 8, 2014, Monday // 11:56 | Viewed: 708

Bulgaria's Economy Ministry Uploads All Documents on South Stream

The Ministry of Economy has granted access to all documents related to the South Stream pipeline project's Bulgarian section.

Business » Energy | September 4, 2014, Thursday // 18:22 | Viewed: 1131

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: 1065

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: 983

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: 1525

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: 1638

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: 1402

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: 979

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: 1088

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: 1463

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: 943

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: 924

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: 1224

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: 851

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: 1085

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: 1060

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: 1047

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: 1861