Nabucco, TANAP Sign Memorandum of Understanding
The Nabucco Gas Pipeline International consortium announced Monday that it had signed a Memorandum of Understanding and Co-operation (MoU) with the Trans Anatolian Pipeline (TANAP).
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Business » Energy
Bulgarian Railway Workers to Join Miners, TPP Workers' Strike
Bulgarian railway workers are set to support a protest strike of the minors and workers at thermal power plants in the country.
Disgruntled Bulgarian Miners Ready to Stage Protest Rally
Bulgarian miners are also preparing to stage a protest rally over the threat of having the country's Thermal Power Plants, TPPs, being taken off the energy grid.
Bulgarian Electric Co Warns of New Electric Price Hike
The outgoing government of Citizens for European Development of Bulgaria party, GERB, has restricted the production of the cheapest electric power, according to the National Electric Company, NEK.
Rosatom: Bulgaria's Conclusive Suspension of Belene NPP Will Not Affect Arbitration Proceedings
The recent decision of the Bulgarian Parliament for the conclusive termination of the Belene NPP project is unrelated to the proceedings worth EUR 1 B at the Court of Arbitration in Paris initiated by Russia against the National Electric Company (NEK), ac
Bulgarian Energy Watchdog Deems 8% Price Cut Impossible
The possible reduction of electric power prices in Bulgaria will be below the 8% pledged by Prime Minister, Boyko Borisov, just one day before his sudden decision to resign.
Rosatom Yet to Give Up on Bulgaria's Abandoned Belene N-Plant
Russian state-owned energy company Rosatom is yet to give up on the construction of the Belene nuclear power plant project in Bulgaria.
Electricity Prices in Bulgaria to Drop on March 1 – Outgoing Minister
Bulgaria's outgoing Economy and Energy Minister Delyan Dobrev has vowed that electricity prices will drop from March 1 without citing a concrete percentage.
CEZ Says No Reasons to Worry as Gendarmerie Storm Sofia HQ
Czech utility CEZ, which supplies power to over 2 million households and companies in western Bulgaria, claims its house is in order as prosecutors, tax officials and gendarmerie stormed its headquarters in Sofia earlier on Wednesday.
Gendarmerie Storm Power Distributor CEZ HQ in Sofia
Gendarmerie officers have stormed the premises of power distributor CEZ in Sofia.
Bulgarian Parliament Confirms Decision to Scrap Belene N-Plant
Bulgaria's Parliament confirmed Wednesday the country's decision to abandon the Belene nuclear power plant project.
Prosecutors Enter Premises of 3 Power Distributors in Bulgaria
Prosecutors from Sofia, Varna and Plovdiv and tax officials have entered the offices of the three power distributors functioning in Bulgaria, CEZ, EVN, and Energo Pro, to start inspections.
Restriction for Annual Update of Electricity Prices in Bulgaria to Drop
Bulgaria's State Commission for Energy and Water Regulation (DKEVR) will be able to change electricity prices more frequent than once a year, according to legal amendments approved by the parliamentary committee on economic policy, energy and tourism.
Bulgarian MPs Pass Energy Efficiency Act
The Members of the Bulgarian Parliament passed Tuesday at second reading the Energy Efficiency Act.
Bulgaria's Current Parliament Must Finish Work on Energy Act Amendments – Outgoing Minister
Outgoing Economy and Energy Minister Delyan Dobrev has insisted that Bulgaria's Parliament finish work on a set of proposed amendments to the Energy Act in its remaining few weeks in office.
Sofia Heating Utility to Appeal Fine for Abuse of Dominant Position
Sofia heating utility Toplofikatsia Sofia will appeal the penalty imposed by Bulgaria's Commission for Protection of Competition (KZK) for abuse of dominant position within the statutory deadline of 14 days.
All 6 Members of Bulgaria's Energy Watchdog Have Resigned
All six members of Bulgaria's State Commission for Energy and Water Regulation (DKEVR) have resigned last week, according to the press center of the watchdog.
Bulgarian Protesters Call for Moratorium on Power Bills
Thousands of protesters took to the streets of the struggling Bulgarian town of Blagoevgrad on Sunday, demanding a moratorium on skyrocketing power bills.
Bulgarian MPs Rush to Decide Fate of Belene NPP
The Bulgarian Parliament will hold an emergency sitting Tuesday to decide on the fate of the project to build a second Nuclear Power Plant in the Danube town of Belene.
Change in Bulgaria's Energy Mix to Reduce Power Tariffs Substantially – NPP CEO
Valentin Nikolov, CEO of the Kozloduy NPP, has argued that a change in the energy mix could bring about a substantial reduction in electricity prices in Bulgaria.
CEZ Bulgaria Calls for Eradication of Monopoly Model from Entire Supply Chain
Czech energy company CEZ has issued a media statement, saying that it finds the launch of a procedure for the withdrawal of licenses of its two subsidiaries, CEZ Elektro Bulgaria AD and CEZ Razpredelenie Bulgaria AD unfounded.
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