Business » Energy

Bulgaria Should Pay Back Nuke Plant Loan in Full - Ex Minister

Bulgaria's state power utility NEK has to pay back in full BNP Paribas-syndicated loan to avoid renegotiations at unfavorable terms, the former economy and energy minister has suggested.

Business » Energy | August 26, 2009, Wednesday // 14:01 | Viewed: 2149

Bulgaria Says Situation over BNP Paribas-Syndicated Loan Serious

Bulgaria's state power utility NEK will have to either renegotiate BNP Paribas-syndicated loan or pay back the full amount, the economy and energy minister said on Tuesday.

Business » Energy | August 25, 2009, Tuesday // 15:18 | Viewed: 2042

Bulgaria Govt Mulls Liquidation of Steel Behemoth

The Bulgaria government may decide to liquidate insolvent steel mill Kremikovtzi or implement a healing plan, the economy minister said on Tuesday.

Business » Energy | August 25, 2009, Tuesday // 14:36 | Viewed: 1421

Bulgaria PM Names New Head of Kozloduy Nuclear Plant

Dimitar Angelov, the chief engineer in charge of Reactors 5 and 6 of Bulgaria's Kozloduy NPP will be the plant's new director.

Business » Energy | August 24, 2009, Monday // 20:43 | Viewed: 2203

CEOs of Bulgaria National Electric Company Get Fired over Inaction

The two executive directors of the Bulgarian National Electric Company NEK, Lyubomir Velkov and Mardik Papazyan, are going to be fired by the end of the week.

Business » Energy | August 24, 2009, Monday // 17:02 | Viewed: 2411

Head of Bulgaria Nuclear Plant Kozloduy Resigns

Ivan Genov, the Director of Bulgaria's Kozloduy Nuclear Power Plant, has submitted his resignation following accusations of poor management by the energy minister.

Business » Energy | August 24, 2009, Monday // 16:39 | Viewed: 2147

Bulgaria Nuclear Plant Head to Resign over Insult by Minister

Ivan Genov, the Director of Bulgaria's Kozloduy Nuclear Power Plant, confirmed Sunday his intention to resign.

Business » Energy | August 23, 2009, Sunday // 12:39 | Viewed: 2116

Bulgaria Govt to Decide Fate of Belene Nuclear Plant in September

The Bulgarian government of the GERB party is going to decide in September whether to go ahead with the construction of the Belene Nuclear Power Plant, or to kill the project.

Business » Energy | August 23, 2009, Sunday // 11:52 | Viewed: 2087

Bulgaria Minister: Belene NPP Fate Clear in September

Until the end of September there will be a clear idea of the fate of the Bulgarian Belene Nuclear Power Plant.

Business » Energy | August 21, 2009, Friday // 09:08 | Viewed: 1839

Former PM: Bulgaria to Lose Big Time from Quitting Russia Energy Projects

Bulgaria's is set to lose a lot of money if the GERB government terminates the country's participation in the Russian energy projects.

Business » Energy | August 20, 2009, Thursday // 19:58 | Viewed: 2062

Bulgaria Kozloduy Nuclear Plant Director to Resign

The Executive Director of the "Kozloduy" Nuclear Power Plant (NPP), Ivan Genov, is planning to resign from his post.

Business » Energy | August 19, 2009, Wednesday // 20:08 | Viewed: 2679

Serbia EFT Group Tops Hungary Cross Border Energy Market

The Serbian EFT Group has become the leading company operating at the Hungarian cross border energy trading market,

Business » Energy | August 19, 2009, Wednesday // 14:44 | Viewed: 3257

Bulgaria Former PM Stanishev: Stopping Belene Is Risky Business

The leader of the Bulgarian Socialist Party (BSP) and former Prime Minister spoke Tuesday during a press conference, accusing new Finance Minster, Simeon Djankov of using false data regarding the NPP.

Business » Energy | August 18, 2009, Tuesday // 17:39 | Viewed: 1860

Bulgaria Electricity Export Drops by 30% in 2009 First Half

Bulgarian electrical energy exports dropped by nearly 30% in the first six months of 2009 year-on-year.

Business » Energy | August 14, 2009, Friday // 17:21 | Viewed: 2074

Former Bulgargaz Head Predicts New Russia Gas Crisis

The former Director of Bulgaria's natural gas monopoly Bulgargaz Vasil Filipov has predicted Friday that a new Russian gas crisis is looming.

Business » Energy | August 14, 2009, Friday // 10:59 | Viewed: 1658

German Company RWE Committed to Bulgaria Nuclear Plant Belene

RWE CEO Juergen Grossman has confirmed that the Bulgarian government will have to arrange financing for the Belene nuclear power plant for construction to go ahead.

Business » Energy | August 13, 2009, Thursday // 18:12 | Viewed: 2357

Bulgarian Expert: Russia Knows Its Energy Projects Are Unsound

The large-scaled Russian-sponsored energy projects on the Balkans are economically unfeasible, and the Russian leadership is well-aware of this fact.

Business » Energy | August 12, 2009, Wednesday // 19:35 | Viewed: 11137

Bulgargaz Demands 4,33% Natural Gas Price Increase

The state owned Bulgargaz has gave an offer to the State Commission for Energy and Water Regulation (DKEVR) for a 4,33% increase in natural gas prices in the last quarter of 2009.

Business » Energy | August 11, 2009, Tuesday // 14:44 | Viewed: 2147

Bulgaria CEZ Subscribers to Pay Once in Three Months

Subscribers of the electrical company CEZ in the Bulgarian capital Sofia and Western Bulgaria may pay their electricity bills one every three month.

Business » Energy | August 11, 2009, Tuesday // 12:52 | Viewed: 2099

President Parvanov: Bulgaria Might Be Left out of South Stream

Bulgaria's President, Georgi Parvanov, warned Sunday that the Russian-sponsored South Stream gas transit pipeline might circumvent Bulgaria.

Business » Energy | August 9, 2009, Sunday // 20:05 | Viewed: 3139

Russia Pressures New Bulgaria Govt through Deals with Turkey

Russia may be able to influence the position of Bulgaria on large-scale international energy projects thanks to the energy deals with Turkey agreed Thursday during Putin's Ankara visit.

Business » Energy | August 7, 2009, Friday // 19:03 | Viewed: 2898
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