Business » Energy

Mitsubishi Transfers Carbon Credit from Bulgarian Wind Park to Japan

Mitsubishi Heavy Industries has transferred carbon credit from its Kaliakra Wind Farm in Bulgaria to Japan.

Business » Energy | July 14, 2010, Wednesday // 20:14 | Viewed: 5042

Bulgaria's Bulgargaz Blames Low Usability of Gas Network for Price Hike

The gas distribution holdings in Bulgaria work with a surcharge by 6,5% to 6,7% , while the surcharge by the Bulgarian state company "Bulgargaz" is only 1,5%, the company's executive director has announced.

Business » Energy | July 14, 2010, Wednesday // 15:04 | Viewed: 2337

Bulgarian PM Sends Foreign Power Utilities to Prosecutor

Bulgaria's Prime Minister, Boyko Borisov, announced Wednesday the report of the country's energy watchdog about the three foreign-owned electric power utilities will be sent to the Chief Prosecutor.

Business » Energy | July 14, 2010, Wednesday // 14:16 | Viewed: 2850

South Stream Swallows Nabucco, Kommersant Says

Russia's Gazprom aims to weaken Nabucco by luring German utility RWE into joining its South Stream gas pipeline project, Russian Kommersant newspaper reported.

Business » Energy | July 14, 2010, Wednesday // 13:49 | Viewed: 1666

Bulgaria Courts Canadian Companies to Bid for Deep Gas Drilling

Bulgaria's economy minister has invited Canadian companies to apply for deep drilling a day after Chevron Corp said it is interested in extracting shale gas in the country.

Business » Energy | July 14, 2010, Wednesday // 11:12 | Viewed: 2040

German Papers: Gazprom Wants to Knock Nabucco Out

German papers Handelsblatt and Die Welt write Tuesday that Russian energy giant is taking concrete steps to hinder the completion of EU gas pipeline Nabucco.

Business » Energy | July 13, 2010, Tuesday // 17:00 | Viewed: 2698

Bulgarian Regulator: No Violations in Gas Price-Formation

Тhe Bulgarian State Commission for Energy Regulation's chair Angel Semerdzhiev announced Tuesday that no violations are present in the way prices for natural gas are formed in the country.

Business » Energy | July 13, 2010, Tuesday // 15:43 | Viewed: 2082

Bulgarian State Energy Watchdog to Penalize Power Utilities

The Bulgarian state energy regulator will impose fines on electrical energy power utilities based on results from the regulatory audit it conducted.

Business » Energy | July 13, 2010, Tuesday // 15:01 | Viewed: 1643

US Ambassador Presents Major Gas Alternative for Bulgaria

The US ambassador to Bulgaria James Warlick gave an official presentation Tuesday of American company Chevron, which has expressed interest in drilling for shale gas in the country.

Business » Energy | July 13, 2010, Tuesday // 14:22 | Viewed: 4133

CEZ Power Utility Protests Treatment from Bulgarian Energy Watchdog

Czech-owned power utility CEZ claimed Tuesday that the actions of Bulgarian state regulator foster unjustified "public pressure" on their businesses

Business » Energy | July 13, 2010, Tuesday // 13:21 | Viewed: 2929

RWE Says to Consider Russia's Gazprom Offer over South Stream

German utility RWE will consider Russia's Gazprom offer for joining its South Stream gas pipeline project, the company announced after the German daily Handelsblatt broke the news, citing unnamed insiders.

Business » Energy | July 13, 2010, Tuesday // 12:45 | Viewed: 1533

Bulgarian Watchdog: Power Utilities Violate Law, Market Rules

Electrical power utilities working in Bulgaria have engaged in non-market behavior and committed a number of regulatory violations, the state energy watchdog announced in its conclusive audit findings.

Business » Energy | July 13, 2010, Tuesday // 11:47 | Viewed: 2340

Belene Nuclear Plant High on Tadic Agenda in Bulgaria

Serbian President Boris Tadic is expected to discuss the country's participation in Bulgaria's second nuclear power plant of Belene during his upcoming visit to Sofia on Friday.

Business » Energy | July 13, 2010, Tuesday // 09:51 | Viewed: 2459

Macedonia Said to Eye Participation in Bulgaria's Nuclear Project

Macedonia is considering the acquisition of a minority stake in Bulgaria's second nuclear power plant of Belene, which has stalled over lack of funding, according to media reports.

Business » Energy | July 13, 2010, Tuesday // 09:14 | Viewed: 2143

Bulgaria Faces EU Anger over Wind Energy Restrictions

The European Commission may launch an infringement procedure over limitations on projects for producing energy from wind-energy sources, the Bulgarian wind-energy association has warned.

Business » Energy | July 12, 2010, Monday // 17:19 | Viewed: 3633

Bulgaria Hopes to Get Belene Nuclear Plant Consultant by Sept

The Bulgarian Energy Holding is expected to pick a consultant to help it decide how to proceed and attract new investors for the planned Belene nuclear power plant by September, the energy minister has said.

Business » Energy | July 12, 2010, Monday // 17:17 | Viewed: 2582

Russia's Gazprom Said to Court RWE over South Stream

Russia's Gazprom has offered German utility RWE to join its South Stream gas pipeline project, the German daily Handelsblatt reported, citing unnamed insiders.

Business » Energy | July 12, 2010, Monday // 16:35 | Viewed: 1925

Bulgarian Steelmaker to Build Solar Park in Radomir

Bulgarian steelmaker Radomir Metal Industries, the biggest plant in the town of Radomir, Western Bulgarian, has announced plans for building a solar park on its territory.

Business » Energy | July 12, 2010, Monday // 14:22 | Viewed: 1749

Bulgarian Parliament Speaker Reiterates Commitment for Belene NPP

"Belene NPP is a vital project", said speaker of the Bulgarian Parliament Tsetska Tsacheva on a visit to industries in northern Bulgarian city of Pleven.

Business » Energy | July 12, 2010, Monday // 12:08 | Viewed: 1532

GDF Suez Mulls EUR 5 M Investment in Biomass Plant in Bulgaria

French energy company GDF Suez is considering investing EUR 5 M in a biomass plant in the Bulgarian mountain resort of Bansko.

Business » Energy | July 11, 2010, Sunday // 11:24 | Viewed: 3224

Bulgarian PM Upbeat about South Stream Pipeline Profits

Bulgaria stands to benefit a lot from the construction of the South Stream gas transit pipeline, according to Prime Minister Boyko Borisov.

Business » Energy | July 10, 2010, Saturday // 03:47 | Viewed: 2565
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