Business » Energy

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: 1519

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: 1597

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: 1399

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: 1846

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: 10224

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: 1500

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: 1660

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: 2670

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: 2209

New Bulgarian Govt Still Undecided over Belene Nuclear Plant

Bulgaria's new economy and energy minister has given an indication that the construction of the multi-billion Belene nuclear power plant may not be scrapped.

Business » Energy | August 7, 2009, Friday // 15:56 | Viewed: 1557

Bulgaria Energy Holding Takes over Burgas-Alexandroupolis Oil Pipeline

The Bulgarian Energy Holding (BEH) is going to be in charge of the potential realization of the Burgas-Alexandroupolis oil pipeline project.

Business » Energy | August 7, 2009, Friday // 14:55 | Viewed: 2038

RWE Said to be Undaunted by Bulgaria Nuclear Plant Price Tag

German utility RWE AG, which was picked by the previous cabinet for a 49% stake in the multi-billion Belene plant, is determined to stick to the project even if the price tag towers to EUR 10 B, local reports say.

Business » Energy | August 7, 2009, Friday // 12:02 | Viewed: 1656

RWE's Bulgaria Nuclear Plan Teeters on Financing, FTD Reports

RWE AG's plan to expand in Bulgaria's nuclear market is on the brink of collapse because financing for the EUR 4 B project couldn't be obtained, Financial Times Deutschland reported, citing an unidentified person familiar with the s

Business » Energy | August 7, 2009, Friday // 08:32 | Viewed: 1429

Russia, Turkey Sign South Stream Pipeline Deal

The prime ministers of Turkey and Russia have signed a series of agreements regarding co-operation on major oil and gas projects.

Business » Energy | August 6, 2009, Thursday // 19:25 | Viewed: 5431

Bulgaria Says No Fuel Price Cartel

Bulgaria's anti-trust commission said there is no fuel price cartel on the market after wrapping up a probe it launched last year amidst truckers' protests.

Business » Energy | August 6, 2009, Thursday // 16:02 | Viewed: 2041

Foreign Companies Show Interest in Sofia Heating Utility

A number of foreign companies have shown interest in buying Sofia heating utility Toplofikatsiya according to Bulgaria Energy minister Traicho Traikov.

Business » Energy | August 5, 2009, Wednesday // 18:59 | Viewed: 1416

Bulgaria Threatens to Strip CEZ of License

Bulgaria's energy regulator has reiterated its threats to strip Czech power utility CEZ of license should it fail to introduce monthly bills as of August 1.

Business » Energy | August 4, 2009, Tuesday // 12:24 | Viewed: 1540

Bulgaria President Backs Russian-Sponsored Energy Projects

Bulgarian President, Georgi Parvanov, reiterated Friday his support for Bulgaria's participation in the three large-scale Russian-sponsored energy projects.

Business » Energy | July 31, 2009, Friday // 20:36 | Viewed: 1876

Greece Sure Bulgaria Won't Renege on Burgas-Alexandroupolis Pipeline

Greece's Minister of Development, Kostis Hatzidakis, has expressed his confidence that Bulgaria would not terminate its participation in the Burgas-Alexandroupolis oil pipeline project.

Business » Energy | July 30, 2009, Thursday // 19:32 | Viewed: 2793

Russian Press: Russia to Lose Billions, Fell into Bulgaria's Trap

Russia might end up losing billions as Bulgarian officials have become more and more vocal in questioning Bulgaria's participation in the joint large-scale energy projects.

Business » Energy | July 30, 2009, Thursday // 16:47 | Viewed: 2727

Bulgaria Rightist Leader: Belene NPP Project Should Be Frozen

The new Chair of the Parliamentary Committee on Economy, Energy, and Tourism, has called for Bulgaria's second nuclear power plant project at Belene to be frozen.

Business » Energy | July 30, 2009, Thursday // 12:15 | Viewed: 1567
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