Business » Energy

Parliamentary Committee Deputy Chair: Power Rates Cannot Drop Thanks to System Reserves

Although businesses in Bulgaria cancelled a protest scheduled for September 30 due to an increase in electricity prices for industrial consumers, their demands for a road map for reform in the energy sector remain in place.

Business » Energy | September 28, 2015, Monday // 11:11 | Viewed: 4919

EU, Ukraine, Russia Agree on October-March Gas Supplies

Three-way talks involving the EU, Russia and Ukraine have ended with an agreement on the terms of gas supplies between October this year and March 2016, the EU Commission has said.

Business » Energy | September 26, 2015, Saturday // 11:44 | Viewed: 1648

Bulgarian Employers' Organisations Postpone Protest Against Electricity Prices

The Bulgarian employers' organisations are postponing the protest scheduled to take place on September 30 against the increase of the electricity prices.

Business » Energy | September 25, 2015, Friday // 08:54 | Viewed: 3608

Price of Natural Gas in Bulgaria to Drop by 14.26% as of October

Bulgaria’s energy watchdog has proposed a 14.

Business » Energy | September 24, 2015, Thursday // 00:07 | Viewed: 4315

Bulgaria’s Govt Is Preparing Full Energy Market Liberalization as of 2016

Bulgaria’s government is preparing the full liberalization of the energy market, which is expected to solve the financial problems of the sector and guarantee a fair price for household and industrial consumers, according to Energy Minister Temenuzhka Pet

Business » Energy | September 19, 2015, Saturday // 12:48 | Viewed: 4431

Enhancing Inter-Connectedness to Reduce Energy Prices in Balkan Countries

The prices of energy resources in all Balkan countries may drop if the national grids are connected, according to Damian Gjiknuri, President in Office of the Energy Community.

Business » Energy | September 19, 2015, Saturday // 11:29 | Viewed: 2649

Bulgaria’s Kozloduy NPP Reports 9-Month Profit of BGN 156 M

Bulgaria’s Kozloduy nuclear power plant has reported a profit of around BGN 156 M for the first nine months of the year, according to Dimitar Angelov, CEO of the N-plant.

Business » Energy | September 19, 2015, Saturday // 10:51 | Viewed: 2658

Bulgaria-Greece Link Key to Future Azeri Gas Transit to Europe, Tomislav Donchev Says

The diversification of sources and routes of Russian gas supplies to Bulgaria is vital, and in this aspect Azerbaijan can become an important partner for Bulgaria, the EU member country’s Deputy Prime Minister Tomislav Donchev has said.

Business » Energy | September 17, 2015, Thursday // 20:22 | Viewed: 2191

Bulgaria Extends Petroceltic’s Oil/Gas Exploration Permit for Galata Block

Bulgaria has extended a gas and oil exploration permit for Galata offshore block granted to Petroceltic until early September 2016, the government said on Wednesday.

Business » Energy | September 16, 2015, Wednesday // 16:25 | Viewed: 4444

Extension of Life of Unit 5 of Bulgaria’s Kozloduy NPP May Be Delayed by 1 Year

The process of extending the life of unit 5 of Bulgaria’s Kozloduy nuclear power plant may be delayed by a year, according to Bogomil Manchev, President of the Bulgarian Atomic Forum (BULATOM).

Business » Energy | September 16, 2015, Wednesday // 14:50 | Viewed: 4112

Business Representatives to Enter Company Boards of Bulgarian State-Owned Energy Firms

Representatives of the business sector will take part in the work of the company boards of all state-owned energy firms, according to a decision adopted at a meeting between Prime Minister Boyko Borisov, Energy Minister Temenuzhka Petkova, Delyan Dobrev,

Business » Energy | September 16, 2015, Wednesday // 13:06 | Viewed: 8572

Bulgaria Will Score Substantial Gain from EU Energy Union - Sefcovic

Bulgaria is among those poised to score the biggest gain from the European Energy Union in terms of energy security, improved connectedness with neighbor countries, and energy diversification, according to Maros Sefcovic, Vice President of the European Co

Business » Energy | September 15, 2015, Tuesday // 12:18 | Viewed: 4795

Control Engineering OOD To Consult Bulgaria-Serbia Gas Interconnector Project

Control Engineering OOD is to consult and conduct construction supervision activities for the Bulgaria-Serbia gas grid interconnector project, according to reports of Bulgaria’s Energy Ministry.

Business » Energy | September 15, 2015, Tuesday // 09:50 | Viewed: 4906

Bulgargaz Proposes 14.26% Cut in Q4 Gas Price 

State-owned Bulgargaz has proposed to cut natural gas price for consumers by 14.

Business » Energy | September 12, 2015, Saturday // 13:38 | Viewed: 1869

Bulgaria Businesses to Hold Nationwide Protest over Power Prices

Bulgarian employers' organizations are calling in a new protest to vent their anger at a hike in power prices for industrial consumers.

Business » Energy | September 11, 2015, Friday // 09:01 | Viewed: 4166

Gazprom Says Will Build Only Russia-Turkey Leg of Turkish Stream

Gazprom deputy head Alexander Medvedev has said the Turkish Stream project will initially be carried out only as a pipeline between Russia and Turkey.

Business » Energy | September 7, 2015, Monday // 14:25 | Viewed: 3678

Bulgarian Energy Holding Looking for EUR 650 M

The Bulgarian Energy Holding (BEH) has launched a procedure to pick a lender that would help it pay off part of its debts.

Business » Energy | September 6, 2015, Sunday // 13:50 | Viewed: 1974

Unit 6 of Bulgaria’s Kozloduy NPP Shuts Down for Planned Annual Overhaul

Unit 6 of Bulgaria’s Kozloduy Nuclear Power Plant (NPP) was shut down for a planned annual overhaul on Saturday.

Business » Energy | September 5, 2015, Saturday // 14:41 | Viewed: 1593

Bulgaria Still Pinning Hopes on Gas Hub Project with Russia

Bulgaria is seeking to reach a deal with Russia on a project that would lead to the construction of a natural gas hub on its territory, Bulgaria's Ambassador to Moscow has said.

Business » Energy | September 3, 2015, Thursday // 09:54 | Viewed: 2047

Bulgaria 'Offers Azerbaijan Energy Cooperation Package'

The Bulgarian government has unveiled a package of energy cooperation projects on which it would seek to work with Azerbaijan, Bulgaria's Ambassador to the country has said.

Business » Energy | August 31, 2015, Monday // 11:23 | Viewed: 2221

Mining Industry Accounts for 5% of Bulgaria’s GDP – Energy Minister

The mining industry generates 5% of Bulgaria’s GDP and provides jobs for over 24 000 people, according to Energy Minister Temenuzhka Petkova.

Business » Energy | August 29, 2015, Saturday // 15:40 | Viewed: 2071