Business » Energy

Bulgarian Energy Minister Foresees Decrease in Electricity Prices

Bulgarian Energy Minister Temenuzhka Petkova is predicting a possible decrease in the prices of electricity due to the falling prices of natural gas.

Business » Energy | February 26, 2016, Friday // 12:12 | Viewed: 5524

Bulgaria Considers Israel to Be Potential Gas Source - Deputy PM

Bulgarian Deputy Prime Minister Tomislav Donchev has told an Israeli economic official that Sofia deems the Middle Eastern country a potential source of gas supplies.

Business » Energy | February 25, 2016, Thursday // 12:28 | Viewed: 5151

Russia 'Mulls Directing Part of New Gas Project to Bulgaria'

Pipes purchased for the abandoned South Stream project are "enough" to lay the first and part of the second line of IGTI Poseidon, Gazprom's newest venture possibly involving Bulgaria, a Russian daily has claimed.

Business » Energy | February 25, 2016, Thursday // 11:55 | Viewed: 5955

Gazprom Announces New Gas Supply Route under Black Sea

Russian energy giant Gazprom has said it signed a memorandum with Italy's Edison SpA and Greece's DEPA SA on gas deliveries.

Business » Energy | February 24, 2016, Wednesday // 22:31 | Viewed: 7524

Shell to Explore Bulgaria’s Offshore Silistar Gas Field

Shell Exploration and Production BV, part of the Royal Dutch Shell Group, will explore Bulgaria's offshore Silistar 1-14 block for oil and natural gas deposits.

Business » Energy | February 23, 2016, Tuesday // 14:01 | Viewed: 5448

Bulgaria Govt, Shell to Sign Gas Exploration Agreement

Bulgaria and Shell are set to sign an agreement for offshore gas exploration on Tuesday, the government has announced.

Business » Energy | February 23, 2016, Tuesday // 08:45 | Viewed: 4676

Lukoil in Talks to Deliver Iranian Crude to Its Bulgaria, Italy Refineries

Lukoil's Vice President Vladimir Nekrasov has said the company is negotiating with Iranian authorities on the supply of Iranian crude oil to refineries in Bulgaria, Romania, and Italy.

Business » Energy | February 17, 2016, Wednesday // 07:40 | Viewed: 6196

Bulgargaz Proposes to Cut Gas Price by One-fifth for Q2’2016

Bulgargaz has proposed to cut natural gas price for consumers by 20.64% for the second quarter of 2016 due to expected drop in the price of gas supplies.

Business » Energy | February 11, 2016, Thursday // 10:16 | Viewed: 4178

Petyo Ivanov to Replace Jacklen Cohen as Head of Bulgarian Energy Holding

Jacklen Cohen, head of Bulgarian Energy Holding (BEH) company, has been dropped from the board of directors of the state-owned group, the Energy Ministry has announced.

Business » Energy | February 9, 2016, Tuesday // 21:12 | Viewed: 4616

Bulgarian MPs Reject Proposal to Renew Construction of South Stream

Bulgarian MPs rejected on Wednesday a proposal submitted by nationalist opposition Ataka party to renew activities related to the construction of the South Stream natural gas pipeline.

Business » Energy | February 3, 2016, Wednesday // 11:30 | Viewed: 7410

Italy's Saipem Takes Gazprom to Court over South Stream Demise

Saipem, the Italian pipe-laying company that was to take part in the construction of South Stream, has filed an arbitration claim against Gazprom, a Russian business daily reports citing court documents.

Business » Energy | February 1, 2016, Monday // 10:24 | Viewed: 6658

Bulgaria Energy Min Denies 'Plans to Circumvent Ukraine Gas Routes'

The Balkan gas hub project put forward by Bulgaria is not aimed at going around Ukraine's gas transportation network, Energy Minister Temenuzhka Petkova said on Saturday.

Business » Energy | January 30, 2016, Saturday // 14:42 | Viewed: 4971

Bulgaria’s Kozloduy NPP Signs Deal to Extend Life of Unit 6 up to 60 Years

Bulgaria’s sole Kozloduy nuclear power plant has signed a deal for extending the lifespan of one of its two operating 1,000-MW units with a consortium of Russia’s Rusatom Service and Bulgaria’s Risk Engineering.

Business » Energy | January 28, 2016, Thursday // 21:10 | Viewed: 2463

Gas Hub, Kozloduy NPP's Units 5-6 Top Agenda of Bulgaria-Russia Committee

An intergovernmental committee between Bulgaria and Russia has discussed Sofia's gas hub project and the modernization of nuclear units in its first session in five years.

Business » Energy | January 27, 2016, Wednesday // 22:02 | Viewed: 2587

Bulgarian Energy Regulator Expects 20% Drop in Natgas Price in Q2

The price of natural gas in Bulgaria is expected to fall by about one-fifth from the beginning of April, reflecting a sustained decline in global oil prices, the head of the country’s energy regulator has forecast.

Business » Energy | January 27, 2016, Wednesday // 15:01 | Viewed: 2170

Two Bulgarian Projects to be Allocated Funding Under Connecting Europe Facility

Two Bulgarian energy projects will be allocated financing under the EU's Connecting Europe Facility funding programme for infrastructure.

Business » Energy | January 25, 2016, Monday // 14:51 | Viewed: 5391

Bulgarian Presidency Procures Electricity on Free Market

The President's Office has announced a public procurement procedure to be supplied with electricity, its press service has said.

Business » Energy | January 25, 2016, Monday // 13:11 | Viewed: 4714

Prices at Bulgaria's New Energy Exchange 'Unexpectedly Low'

Electricity prices at the newly set up Independent Bulgarian Energy Exchange (IBEX) are at surprisingly low levels, just two days after IBEX started "real" trade, an electricity traders' union has warned.

Business » Energy | January 21, 2016, Thursday // 14:16 | Viewed: 2564

Gazprom Declares Termination of South Stream Agreement

Gazprom announced on Wednesday that the agreement on the planned South Stream natural gas pipeline has been terminated.

Business » Energy | January 20, 2016, Wednesday // 12:02 | Viewed: 5274

Bulgaria to Get EUR 850,000 Grant to Improve Gas Transmission Network

Bulgaria will receive an EU grant of EUR 850,000  for the rehabilitation, modernization and expansion of its gas transmission system under the Connecting Europe Facility (CEF), an EU funding programme for infrastructure.

Business » Energy | January 19, 2016, Tuesday // 16:07 | Viewed: 2939

Bulgaria's Energy Exchange Starts Electricity Trade

After more than a month in trial mode, the Independent Bulgarian Energy Exchange (IBEX) begins trading electricity on Tuesday, its CEO has said.

Business » Energy | January 19, 2016, Tuesday // 12:46 | Viewed: 2484