AES Eyes Enel Stake in Bulgaria Thermal Plant
AES Corp., the US power producer with operations in more than two dozen countries, is interested in acquiring Enel’s stake in the Bulgaria’s Maritsa East 3 coal-fired power plant.
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Business » Energy
Overgas Snubs State-Owned Bulgargaz in Contract Negotiations
Overgas is not negotiating a new contract with Bulgargaz because it considers the the State company a parasite structure, the Ovegas CEO, Sasho Donchev, told reporters Thursday.
Italy's Enel Denies Interest in Bulgaira's Belene Nuclear Plant
Italy's largest energy utility Enel has denied the announcements that it has shown interest in investing in Bulgaria's second nuclear power plant Belene.
Italgen Buys Bulgarian Wind Unit
Italgen, the energy generation arm of Italian cement giant Italcementi, has acquired a 49% stake in Gardawind, the owner of two Bulgarian wind farms with total capacity of 18 MW, the company announced.
Lukoil Says Invested in Bulgaria Refinery USD 1 B
Lukoil, Russia's largest non-state oil producer, announced it has invested USD 1 B into an upgrade in its Bulgarian refinery Lukoil Neftochim Burgas to meet EU requirements.
UK JKX Secures Weatherford Rig for Drilling in Bulgaria
Britain's JKX Oil & Gas, the operator of the B1-Golitza license in Bulgaria, has signed on a CCC-500 drilling unit through Weatherford for two wells in Bulgaria’s onshore B1-Golitza Block, the company announced.
IBM to Help Bulgarians Monitor Energy Use
In a 30-month research project geared specifically for the UK and Bulgaria, energy consultant Hildebrand installed small energy monitors at different homes in five European cities.
IFC Plans EUR 59 M Package for Bulgaria Solar Project
The International Finance Corp. (IFC) is planning to offer a package of EUR 59 M to the French based firm EDF Energies Nouvelles SA for the construction of a solar energy project in South Bulgaria.
Bulgaria Businesses Set to Avoid UN Carbon Trading Ban
The Bulgarian Environment Ministry has advised businesses to avoid the upcoming ban on carbon trading by recording their surplus for 2009 in the register of another European country.
British, Austrian Utilities Eye Enel Stake in Bulgaria Thermal Plant
British utility International Power and Austria's EVN have shown interest in acquiring the majority stake of Italian energy giant Enel in Maritsa East 3, a Bulgarian coal-fired plant with a capacity of 908 megawatts, reports say.
Bulgaria Confirms Break up of Energy Mega Structure
Bulgaria's center-right government has confirmed plans to dissolve a mega-structure, which groups all big state-owned energy firms.
Bulgarian Natural Gas Price May Skyrocket over Euro Collapse
Natural gas prices in Bulgaria will go up in the summer of 2010 although it is unclear yet by how much, according to the chair of the responsible state regulator.
Serbia Says to Eye Participation in Bulgaria's Nuclear Project
Serbia's energy minister has confirmed reports that the country is considering participation in Bulgaria's second nuclear power plant, which has stalled over lack of funding.
Melrose Resources Teams Up with GSP Jupiter in Bulgaria
Edinburgh-based oil explorer Melrose Resources has contracted the jackup GSP Jupiter to drill the Kavarna East prospect in the Bulgarian sector of the Black Sea in July.
Ambassador Warlick: US Interested in Bulgarian Energy Sector
The US might be able to supply nuclear fuel to Bulgaria's Nuclear Power Plant (NPP) "Kozloduy" and the 2nd NPP "Belene," which is still in project stage.
Bulgaria Supreme Court Rules against CEZ Power Utility Late Fees
A five-member team of Bulgaria's Supreme Administrative Court (VAS) ruled Tuesday that the fines collected by the power utility CEZ over delayed customers' payments are illegal.
Minister Certain about Attracting US Investors to Bulgaria's Energy
US companies have become interested in investing in Bulgarian energy projects, according Minister of Economy, Energy, and Tourism, Traicho Traikov.
Atomstroyexport: No Comment on Belene NPP Dispute with Bulgaria
Russian state-owned company Atomstroyexport, which is supposed to construct Bulgaria's second nuclear power plant at Belene, has failed to deny or confirm information that it has hired a US consultancy over possible future disputes with the Bulgarian gove
Bulgaria PM Favors German Investors for Nuclear Project
Bulgaria has all permits and could begin the construction of its second Nuclear Power Plant (NPP) in the Danube town of Belene as early as tomorrow, Prime Minister, Boyko Borisov says.
Czech Media: Russia to Sue Bulgaria over Nuclear Project
The Russian company Atomstroiexport is preparing to file a lawsuit against the Bulgarian cabinet, the Czech media E15.
Austria's Alpine Bau Dumps Bulgaria's Troubled Hydropower Project
Austria's Alpine Bau has withdrawn from the construction of Gorna Arda hydropower project in southern Bulgaria, leaving energy firm EVN the sole partner of the majority owner, dominant state power utility NEK.
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