Bulgarian PM Borisov Gets 'Tougher' with Russia on Belene NPP
Bulgaria will not succumb to the Russian demand to decide whether it will the building of the Belene Nuclear Power Plant by the spring, according to Bulgarian PM Boyko Borisov.
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Business » Energy
Rosatom Head: Russia Wants 30% of Bulgaria's Belene NPP
Bulgaria has time until the spring to decide on its participation in the Belene Nuclear Power Plant and sign a contract with Russia for the creation of a project campaign, Sergey Kiriyenko, CEO of the Russian state nuclear energy corporation Rosatom, said
6 New Tenders for Natural Gas Exploration in Bulgaria Imminent
The Bulgarian government is planning 6 new bids for gas exploration in the near future, as Diana Yaneva from the Ministry of Economy has told Novinite.com (Sofia News Agency).
Major Companies Find Bulgarian Black Sea Oil Bid Unattractive
Major oil companies such as Total and Anadarko did not find the bid to explore for oil in the Bulgarian Black Sea attractive, Diana Yaneva from the economy ministry told Novinite.com (Sofia News Agency).
Nabucco Spokesman: Turkmenistan Natural Gas Promise 'Remarkable'
The announcement of Turkmenistan that it is ready to provide natural gas for the Nabucco gas transit pipeline is a "remarkable step," according to Christian Dolezal, Spokesperson of the Nabucco Consortium.
NEK: Belene NPP to Solidify Bulgaria's Role as Electricity Exporter in 2020
The construction of Bulgaria's second nuclear power plant at Belene will make sense for the country if it gets long-term contracts for exporting electricity, according to a report of the National Electric Company NEK.
Serbian Paper: Bulgaria's Belene NPP Unfavorable for Serbia
Participation in Bulgaria's second nuclear power plant at Belene will be unfeasible for Serbia, according to an article of Serbian newspaper Politika.
Enel CEO: At Least 2 Bidders for Bulgaria Coal-Fired Plant
At least two bidders have declared interest in the majority stake of Italian energy giant Enel in Maritsa East 3, a Bulgarian coal-fired plant, the company's chief executive announced.
Russia's Mechel Acquires Bulgarian Heating Utility
Russian mining and steel conglomerate Mechel OAO has acquired another 51% stake in the heating and power plant in the Danube town of Russe, northern Bulgaria, boosting its interest to 100%.
Bulgaria Moves to 'Exclude' Nabucco Construction Funds from Budget Deficit
Bulgaria's Cabinet is Bulgaria's Cabinet is working to convince the EU that the EUR 1.3 B that the country will have to pay for the construction of the Nabucco gas transit pipeline should be counted as part of its budget deficit.
Bulgaria Assures Nabucco Consortium It Is All Up for Pipeline
Bulgaria's Foreign Minister Nikolay Mladenov has declared firm support for the realization of the Nabucco gas transit pipeline project in a meeting with management of the Nabucco Consortium in Vienna.
CEZ Power Utility Strikes Back at Bulgaria’s Energy Watchdog
Czech-owned power utility CEZ, which provides electricity to Western Bulgaria, has announced that the energy watchdog did not have the right to get involved in the company’s relations with its investors.
Serbia Confirms Interest in Bulgaria's Nuclear Plant
Serbia has officially stated its interest in becoming one of the investors in Bulgaria's project to build a second Nuclear Power Plant (NPP) in the Danube town of Belene.
Austria Shows Interest in Bulgaria's Nuclear Plant Project
Austrian companies have shown interest in taking part in the project to build a second Bulgarian Nuclear Power Plant (NPP) in the Danube town of Belene.
Bulgaria’s Energy Watchdog Plans to Fine Power Utility CEZ
Bulgaria’s State Commission for Energy and Water Regulation (DKEVR) is planning to fine Czech-owned power utility CEZ because it delayed the purchase of equipment, built by the business, for connection to the electricity transmission network.
US Company Confirms Sizeable Shale Gas Discovery in Bulgaria
Some 300 B cubic meters of shale gas are lying untapped in central northern Bulgaria, Direct Petroleum manager for Bulgaria Kolyo Tonev has confirmed for Novinite.com (Sofia News Agency).
Key Bulgarian Projects Seem to Be 'Off the List' for Chevron, Westinghouse
Two potentially major energy projects in Bulgaria – the Burgas-Alexandroupolis oil pipeline and new reactors at the Kozloduy NPP – appear to be "off the list" for leading US companies Chevron and Westinghouse, senior diplomats have indicated for Novinite.
US Ambassador: Bulgaria's Renewable Energy Law Key for AES Investment Plans
Bulgaria's renewable energy legislation needs to be harmonized with EU laws in order to attract major foreign investors such as AES, US Ambassador in Sofia James Warlick told Novinite.com (Sofia News Agency).
EC Admits South Stream, Nabucco Rivalry
The competition between the South Stream and the Nabucco gas pipelines was admitted by EU Energy Commissioner Guenther Oettinger.
Bulgaria Excited about Nabucco after Turkmenistan's Generous Offer
Bulgaria's Foreign Ministry insists on fast progress on the construction of the Nabucco gas transit pipeline after at the end of last week Turkmenistan announced it was ready to provide the project with more natural gas that it can handle.
Turkmenistan Says to Give EU More Gas than Nabucco Can Handle
Turkmenistan is ready to provide the EU with some 40 billion cubic meter of natural gas annually for the Nabucco gas pipeline project.
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