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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Business » Energy
Bulgaria with World's Seventh-Highest Pain-at-the-Pump Score
It is small wonder that Bulgarians find it difficult to fill up their car tank since the country has the seventh-highest pain-at-the-pump score in the world, according to a Bloomberg survey.
Bulgarian MPs Drop Green Energy Surcharge at 1st Reading
The Members of the Bulgarian Parliament passed at first reading Friday amendments to the Renewable Energy Sources Act.
Russia Still Seeking to Revive Bulgarian Belene N-Plant Project
Russian state-owned company Rosatom has once again declared it is eager to construct Bulgaria’s second nuclear power plant.
Energy Minister: Bulgaria May Face Power Supply Regime
Dragomir Stoynev, Minister of Economy and Energy, has backed the forecast of Prime Minister Plamen Oresharski that the country will be plagued by chaos if Bulgaria's socialist-led government resigns.
Bulgarian Energy Holding CEO Dismissed over Pre-Trial Proceedings
The head of the Bulgarian Energy Holding, BEH, Mihail Andonov, has been dismissed due to revoked access to classified information over ongoing pre-trial proceedings against him, according to Dragomir Stoynev, Minister of Economy and Energy.
Central European Presidents Support Nabucco Pipeline in Letter to Azerbaijani President
The Nabucco natural gas pipeline consortium has welcomed the declaration of support from the Presidents of Austria, Bulgaria, Hungary and Romania expressed in a letter to Azerbaijan President Ilham Aliyev from last week.
Bulgarian Energy Holding CEO Dismissed
Mihail Andonov, Chief Executive Officer of the Bulgarian Energy Holding (BEH), has been dismissed.
Bulgaria's Energy Minister Confirms Possibility of 5% Power Price Cut
Bulgaria's Minister of Economy and Energy Dragomir Stoynev has confirmed the forecast of Prime Minister Oresharski that a decrease in electricity prices by 5% from the beginning of July or August 2013 is possible.
Kozloduy Int'l Fund Grants EUR 21.5 M to Sofia Heating Utility
Sofia heating utility Toplofikatsiya-Sofia has won a grant of EUR 21.5 M under the Kozloduy International Decommissioning Support Fund (KIDSF) to be used for the implementation of six investment projects.
EC Proposes Nuclear Plant Stress Tests Every 6 Years
The European Commission has put forward a new set of nuclear power safety rules aimed at eliminating the risk of a Fukushima-type disaster in Europe.
Sofia Utility May Adopt 2 Tariffs for Calculating Heating Bills
The committee set up to improve the operations of heating utility Toplofikatsiya Sofia at the Sofia Municipal Council has suggested that heating bills should be calculated on the basis of two tariffs.
Bulgaria Govt Expects Overfulfuilment of Energy Efficiency Target by 2016
Bulgaria may overfulfil its energy efficiency targets by 2016, according a report on the implementation of the Second National Energy Efficiency Action Plan in 2012.
Bulgarian Ex-PM: Socialists Lied About Plans to Build Belene N-Plant
Bulgarian Socialist Party leader Sergey Stanishev was lying when he told people he would revive the Belene nuclear power plant project, according to former Prime Minister Boyko Borisov.
Bulgarian Watchdog to Tackle Energy Prices by Upping Export
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) will strive to stimulate export in order to preserve current prices of electric energy.
Gazprom Gives Up Bid for Greek DEPA
The privatization procedure for Greek gas company DEPA has failed, after all potential buyers retracted their offers Monday.
Bulgargaz Files Incremental Decrease of Gas Price in Bulgaria
Chief Bulgarian home natural gas distributor Bulgargaz has filed an application for a 0.15% decrease of the prices of natural gas with the national energy regulator.
Bulgarian Renewable Power Producers Request Meeting with Min
Bulgarian renewable electricity producers have requested a meeting with Minister of Economy and Energy Dragomir Stoynev to present him with their side of the story of a standing controversy in Bulgaria.
Bulgaria's Kozloduy NPP to Function at Reduced Capacity for Indefinite Period
The power generation facilities of Bulgaria's Kozloduy Nuclear Power Plant will continue running at half load for an indefinite period of time, thereby incurring a loss of around BGN 25.
Bulgaria Backtracks on Reviving Belene N-Plant Project
No political decision has been made to revive the abandoned Belene nuclear power plant project, Bulgarian Economy and Energy Minister Dragomir Stoynev declared on Monday.
Cancelled Russian N-Plant Cost Bulgaria BGN 1.3 B So Far
State-run power utility NEK has spent nearly BGN 1.3 B on the site of Belene nuclear power plant since the start of the troubled and controversial project based on Russian technology, а former high-ranking official claims.
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