Business » Energy

Bulgaria Urged to Hurry with South Stream Decision

Participants in the fourteenth International Economic Forum, which ended in Saint Petersburg on Saturday, have reiterated calls on Bulgaria to hurry up with committing itself to the South Stream gas pipeline project.

Business » Energy | June 20, 2010, Sunday // 10:58 | Viewed: 1948

Gasunie CEO Named Head of South Stream

The head of the Dutch Gasunie company, Marcel Kramer, has been named chairman of the board of directors and executive director of the South Stream gas pipeline project

Business » Energy | June 20, 2010, Sunday // 10:40 | Viewed: 1966

EconMin: Bulgaria to Scrap Oil Line over Eco Assessment

Bulgaria's Economy and Energy Minister, Traicho Traikov, reiterated Saturday that the country will pull out of the Burgas-Alexandroupolis oil pipeline if the assessment shows it will have negative effect on the environment.

Business » Energy | June 19, 2010, Saturday // 20:08 | Viewed: 2087

Sanctions Loom for Bulgaria over Burgas-Alexandroupolis Oil Pipe

Bulgaria will face economic sanctions if the cabinet pulls out of the Burgas-Alexandroupolis project, according to Plamen Rusev, Director of the Bulgarian branch of "Trans-Balkan Pipeline" which is to build the oil line.

Business » Energy | June 19, 2010, Saturday // 15:50 | Viewed: 2256

Bulgaria's Burgas-Alexandroupolis Decision Expected in Feb 2011

The investor in the Burgas-Alexandroupolis oil pipeline must submit an environmental assessment report, Bulgaria's Environmental Minister, Nona Karadzhova says.

Business » Energy | June 19, 2010, Saturday // 12:28 | Viewed: 2080

Russia: Snub of Belene NPP Is EUR 1 B Loss for Bulgaria

The losses for Bulgaria if the country makes a decision to stop for good the project to build a second Nuclear Power Plant in the Danube town of Belene can exceed EUR 1 B.

Business » Energy | June 19, 2010, Saturday // 11:48 | Viewed: 3045

French Company EDF Formally Joins Eni, Gazprom in South Stream

Italian company Eni and Russia's Gazprom have signed a memorandum allowing the French EDF to join as a third shareholder in the South Stream gas transit pipeline.

Business » Energy | June 18, 2010, Friday // 20:11 | Viewed: 2086

Bulgaria 'Must Hurry' with South Stream Decision

Bulgaria must hurry up with committing itself to the South Stream gas pipeline project, as urged by the country's partners in the project.

Business » Energy | June 18, 2010, Friday // 18:38 | Viewed: 1989

Russia's Transneft Hopes to Iron out Ruffles with Bulgaria

Russia's crude oil pipeline monopoly Transneft, which is a partner in Burgas-Alexandroupolis oil pipeline, hopes to renew discussions about the future of the project at a meeting with Bulgarian officials in July, the company president said.

Business » Energy | June 18, 2010, Friday // 18:11 | Viewed: 2118

Macedonia Set to Become Part of 'South Stream'

Macedonia must become part of European energy corridors and in particular join the projected South Stream pipeline that will transfer gas from Russia to Southern and Central Europe.

Business » Energy | June 18, 2010, Friday // 17:55 | Viewed: 2377

Energy Minister: Belene NPP, Nuclear Energy Priorities for Bulgaria

Bulgaria has not made any decision to freeze or give up the NPP Belene project, stated Bulgarian energy minister Traicho Traikov.

Business » Energy | June 18, 2010, Friday // 16:53 | Viewed: 1568

Bulgaria: Belene NPP Vital, Cost Uncertain

If Bulgaria does not build the projected Belene NPP, it would be forced to import electricity from other countries.

Business » Energy | June 18, 2010, Friday // 15:53 | Viewed: 2122

Bulgaria Set for Staggering Natural Gas Price Hike

Natural gas prices in Bulgaria will probably be increased by at least 25% as of July 1, according to the State Commission for Energy and Water Regulation (DKEVR).

Business » Energy | June 18, 2010, Friday // 14:54 | Viewed: 1759

Bulgarian President Advocates for Referendum on 'Belene' NPP

The Bulgarian President, Georgi Parvanov, suggested that a national referendum should decide the future of the "Belene" Nuclear Power Plant.

Business » Energy | June 18, 2010, Friday // 12:30 | Viewed: 2563

Bulgarian PM Backs Referendum on Belene Nuclear Project

Bulgaria's Prime Minister, Boyko Borisov, declared Friday he is firmly for building a second Nuclear Power Plant in the Danube town of Belene and would support a national referendum on the issue.

Business » Energy | June 18, 2010, Friday // 10:40 | Viewed: 2673

Russia Dismisses Trade Representative in Bulgaria

The Russian trade representative in Bulgaria has been dismissed, the Russian information agency RIA Novosti reports.

Business » Energy | June 18, 2010, Friday // 09:52 | Viewed: 2266

Gazprom Swaps Bulgaria for Romania in South Stream - Report

Gazprom is already technically prepared to drop Bulgaria and to pick Romania for its South Stream gas transit pipeline project, according to Russian paper Kommersant.

Business » Energy | June 17, 2010, Thursday // 14:25 | Viewed: 4593

Bulgarian PM 'Unfreezes' Belene Nuclear Plant

Bulgarian Prime Minister Boyko Borisov has reversed his words that the project for the construction of the Belene Nuclear Power Plant is "frozen".

Business » Energy | June 17, 2010, Thursday // 09:32 | Viewed: 2101

Ex Minister: Turkey Wins Big if Bulgaria Quits Russian Projects

Turkey is going to benefit huge if Bulgaria decides to withdraw from any of the large-scale Russian-sponsored energy projects, according to former Economy Minister Petar Dimitrov.

Business » Energy | June 16, 2010, Wednesday // 20:26 | Viewed: 2893

Romania Starts Talks with Gazprom for Joining South Stream

Russian energy giant Gazprom and Romania have started negotiations for the latter's inclusion in the South Stream gas transit pipeline project, whose primary Balkan hub is supposed to be Bulgaria.

Business » Energy | June 16, 2010, Wednesday // 19:42 | Viewed: 3072

Ambassador: Plenty Other States Vie for Russia's Energy Projects in Bulgaria

There are plenty of other partners interested in realizing joint energy projects with Russia if Bulgaria pulls out of the existing deals, according to Russian Ambassador in Sofia, Yury Isakov.

Business » Energy | June 15, 2010, Tuesday // 18:59 | Viewed: 2783
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