Business » Energy

Heavy Snow Cuts 117 Bulgarian Villages Off from Power

As many as 117 towns and villages have been left cut off from the power supplies due to severe weather conditions in Eastern Bulgaria, the outgoing Energy Minister has said.

Business » Energy | January 11, 2017, Wednesday // 08:07 | Viewed: 4374

Record-High Electricity Consumption in Bulgaria

All necessary measures for preventing power cuts and limited supply of electricity have been taken, announced outgoing energy Minister Temenuzhka Petkova.

Business » Energy | January 10, 2017, Tuesday // 18:11 | Viewed: 5117

Romania Turns Down Emergency Power Supply Request from Bulgaria

Bulgaria on Monday demanded electricity supplies from Romania but the request was refused, local media quote Romanian officials as saying.

Business » Energy | January 10, 2017, Tuesday // 08:38 | Viewed: 7156

Russia to Guarantee Belene Nuclear Reactors Are Properly Stored

Russian energy giant Rosatom will ensure that reactors for the abandoned Belene nuclear power plant (NPP) will be properly stored after being received by Bulgaria, media outlets report.

Business » Energy | January 9, 2017, Monday // 14:21 | Viewed: 5858

Need for Belene To Be Analysed by Bulgarian Academy of Sciences

Next week, Bulgaria’s Energy Ministry will sign a contract with the Bulgarian Academy of Sciences for the preparation of an analysis as to whether Bulgaria needs new nuclear capacity, as understood by the statement of outgoing Minister Petkova on bTV on T

Business » Energy | January 5, 2017, Thursday // 11:48 | Viewed: 5448

Prosecutors Elaborate on Abeyance Allegations for Bulgarian ex-Energy Min

The indictment of Traycho Traykov, a former Economy and Energy Minister, is on abeyance that brought BGN 20.8 M in damages from the state, the prosecuting authorities say.

Business » Energy | January 3, 2017, Tuesday // 14:28 | Viewed: 4889

Bulgaria's Prosecution Confirms Indictment of Ex-Energy Minister

Former Bulgarian Economy and Energy Minister Traycho Traykov was indicted in December on charges of abeyance, the prosecuting authority has confirmed.

Business » Energy | January 2, 2017, Monday // 17:15 | Viewed: 2589

Bulgaria Ex-Energy Min 'Indicted over Abeyance'

Former Bulgarian Economy and Energy Minister Traycho Traykov says he was indicted on charges of willful abeyance late last year.

Business » Energy | January 2, 2017, Monday // 11:30 | Viewed: 2906

Overgas Signs New Supply Contract with Bulgargaz

Bulgaria's biggest private gas supplier Overgas has signed a new deliveries contract that gives it gas from the biggest state company.

Business » Energy | December 31, 2016, Saturday // 11:27 | Viewed: 5003

Bulgaria Raising Gas Price by Nearly 5%

Natural gas will become more expensive as of January 01, but the increase will be much lower than what state-owned supplier Bulgargaz wanted, Bulgaria's energy watchdog has ruled.

Business » Energy | December 30, 2016, Friday // 12:52 | Viewed: 5216

Interfax: Millions Paid by Bulgaria Are Rosatom's Greatest Success in 2016

The arbitration suit which Rosatom won against Bulgaria has been pointed out as the greatest success of the Russian state corporation in 2016.

Business » Energy | December 27, 2016, Tuesday // 15:27 | Viewed: 2757

Bulgarian Energy Watchdog Keeps Heating Price Unchanged

“I can state unequivocally that there will be no change in the price of heating energy for the consumers of heating energy as of January 1, 2017,” announced the chairman of the Energy and Water Regulatory Commission (KEVR) Ivan Ivanov, reported BGNES.

Business » Energy | December 27, 2016, Tuesday // 14:43 | Viewed: 5218

Bulgargaz To Lose BGN 34 M If KEVR Confirms Decision on Gas Price

Bulgargaz expects a loss of BGN 34 M if the Energy and Water Regulatory Commission (KEVR) confirms the decision of the working group on the price of natural gas as of January 1, 2017, said the head of directorate Licensing Activity during an open meeting

Business » Energy | December 27, 2016, Tuesday // 13:39 | Viewed: 4364

Russia Covers Nearly 1/3 of Europe's Gas Consumption in 2016

Russia has covered nearly one-third of the consumption of gas in Europe in 2016 – a record level reached in spite of tensions between Russia and the EU, announced representatives of Gazprom, cited by AFP.

Business » Energy | December 27, 2016, Tuesday // 11:12 | Viewed: 4514

KEVR To Discuss 5% Increase in Gas Prices as of 2017

The price of natural gas should be increased by 5% as of the beginning of next year.

Business » Energy | December 27, 2016, Tuesday // 09:33 | Viewed: 2278

World Bank OKs USD 800 M Loan for TANAP Gas Project

The World Bank gas granted a total of USD 800 M in loans to Turkey and Azerbaijan for the Trans-Anatolian Natural Gas Pipeline (TANAP), Anadolu Agency reports.

Business » Energy | December 21, 2016, Wednesday // 11:48 | Viewed: 1907

Gas Prices in Bulgaria to Go Up 5% as of January

Bulgaria's energy watchdog KEVR has adopted a modest increase in gas prices as of January 01, 2017.

Business » Energy | December 20, 2016, Tuesday // 07:53 | Viewed: 4816

Gazprom Increases Gas Deliveries to Europe by 12%

In the period January 1 –December 15, Gazprom increased gas deliveries to countries outside the Commonwealth of Independent States by 11.

Business » Energy | December 18, 2016, Sunday // 15:32 | Viewed: 4962

Industrial and Commercial Bank of China Interested in Financing Belene NPP

The Industrial and Commercial Bank of China is interested in financing a commercial project for the construction of the Belene NPP, reported the government press centre.

Business » Energy | December 14, 2016, Wednesday // 12:29 | Viewed: 6818

Bulgaria Pays Off Belene Nuclear Plant Debt

Bugaria's state-owned electricity utility company has transferred the entire sum of its debt to Russia's Atomstroyexport owned over the Belene nuclear project, officials say.

Business » Energy | December 9, 2016, Friday // 15:10 | Viewed: 4881

Bulgaria, Slovakia, Lithuania 'Can Be Centers of Excellence for Nuclear Decommissioning'

Bulgaria, Slovakia and Lithuania have the chance to become centers of excellence and nuclear decommissioning experience if they manage to decommission their closed nuclear units in a timely manner and complying with the envisaged costs, a European Bank fo

Business » Energy | December 8, 2016, Thursday // 16:15 | Viewed: 8371
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria