Gazprom CEO Miller to Arrive in Sofia on South Stream Talks
Russian gas giant Gazprom's CEO Alexey Miller is to make a one-day trip to Bulgarian capital Sofia Monday to discuss the developments of the joint South Stream natural gas pipeline project.
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Business » Energy
European Commission Opens Proceedings against Bulgarian Energy Holding
The European Commission announced it has opened formal proceedings against Bulgarian Energy Holding and its subsidiaries Bulgargaz and Bulgartransgaz for an alleged hindering of competition.
Bulgaria to Build 1st Nuclear Waste Repository
Bulgaria's government has made the first steps towards creating the country's first nuclear waste repository.
Bulgarian Govt Appoints New Head of Nuclear Regulatory Agency
The Bulgarian government has removed Sergei Tsochev from the post of Chair of the Bulgarian Nuclear Regulatory Agency (BNRA) due to the expiration of his term in office.
Top-Level Reshuffle in Bulgaria's Electricity Sector
Bulgaria's Electricity System Operator (ESO) and the National Electric Company (NEK) have undergone a reshuffle of senior staff amid a scandal over the delayed separation of ESO from NEK and potential penalties by the European Commission.
Coal Mine in Southeastern Bulgaria to Suffer Power Supply Regime over Unpaid Debts
Power distributor EVN, which services in southeastern Bulgaria, has cautioned it will introduce a power supply regime for coal mining company Mina Balkan 2000 EAD over debts.
Suppressing Power Rates Unlikely To Result in Price Spike – Bulgarian Energy Expert
Elenko Bozhkov, member of Bulgaria's State Commission for Energy and Water Regulation (DKEVR), has said that suppressing electricity prices is not likely to result in a sudden price spike in several years' time.
Bulgarian EconMin Reiterates Claims of Looming EC Fine
The European Commission has started nearly one year ago an infringement procedure against Bulgaria's energy sector breaches and fines are pending any time now, according to Economy and Energy Minister Dragomir Stoynev.
Green Energy Producers Urge Bulgaria to Seek Exports Opportunities
The Bulgarian Photovoltaic Association (BPVA) has insisted that the country must seek options to export renewable energy abroad.
Ex Energy Minister: Belene NPP, Tsankov Kamak HPP Drove Bulgaria's Power Co into Debts
Bulgaria's National Electric Company (NEK) would have resources of BGN 600 M if the Belene nuclear power plant and the Tsankov Kamak hydropower plant had not eaten up a total of BGN 2.
Bulgaria Faces Fine of BGN 9000 a Day over Delayed Implementation of EU's 3rd Energy Package
Bulgaria's National Electric Company (NEK) may face penalty payments of BGN 9000 a day for months on end, according to Economy and Energy Minister Dragomir Stoynev.
Bulgaria Could Be 1st EU Country to Buy Gas from Azerbaijan
The scrapping of Nabucco West does not mean that Azerbaijan has given up plans to deliver natural gas to Bulgaria, according to state oil and gas company SOCAR vice-president Elshad Nasyrov.
President Plevneliev Highlights Strategic Importance of Bulgaria-Greece Gas Grid Interconnection
President Rosen Plevneliev has underscored the importance of the Bulgaria-Greece gas interconnection project after the announcement of the Shah Deniz consortium that it had selected the Trans Adriatic Pipeline (TAP) as a route to carry gas to Europe.
Russia's Lukoil Buys Lubricants Business of Austria's OMV
OMV Refining&Marketing GmbH has signed an agreement to sell its lubricants business to a subsidiary of Russian Lukoil Group.
Energy Act Amendments Pass 2nd Reading in Bulgaria's Parliament
A set of amendments to Bulgaria's Energy Act passed second reading in Parliament on Friday.
Power Distributor EVN Commences Arbitration Proceedings against Bulgaria
Power distributor EVN AG has has initiated international arbitration proceedings against Bulgaria at the International Centre for Settlement of Investment Disputes (ICSID), which forms part of the World Bank group.
Stalled Nabucco Project Close to Official Death
Austrian oil and gas company OMV CEO Gerhard Roiss has issued a statement saying that his company views the Nabucco pipeline project as failed, after the Shah Deniz II consortium suggested it intends to ship gas to Europe via another route.
Shah Deniz Consortium Gives Up Nabucco West
The Shah Deniz II consortium has suggested that it has chosen not to use Nabucco West for the transportation of natural gas from Azerbaijan's most promising field to Europe.
Major Reshuffles Hit Bulgaria’s N-Plant, Energy Holding
Bulgaria’s state energy holding company, which groups the country's top energy assets, including its sole nuclear power plant Kozloduy, has seen a new wave of reshuffles, it emerged on Wednesday.
Bulgaria's Energy Watchdog to Discuss 0.15% Decrease in Gas Prices from July
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) will discuss prices of natural gas from July 1 at a public sitting on Tuesday.
Lukoil to Buy Wind Farm Worth EUR 17.6 M near Bulgaria's Balchik
LukErg Renew, a 50/50 joint venture of Russian Lukoil-Ecoenergo and Italian ERG Renew, has agreed to buy wind farms in Bulgaria and Romania for a total of EUR 127 M.
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