Business » Energy

US Company Lands Permit for Shale Gas Prospecting in Bulgaria

The Bulgarian government has formally approved a 5-year concession for oil and gas prospecting in a 400 sq.km. area in northeast Bulgaria for North American company Park Place Energy Corp.

Business » Energy | October 7, 2010, Thursday // 15:33 | Viewed: 3507

Inter RAO to Acquire Enel's Bulgaria Coal-Fired Plant - Report

Russia's state power trader Inter RAO has been tipped as the most likely buyer of a majority stake in Bulgaria's Maritsa East 3 coal-fired power plant, controlled by Italy's Enel SpA, according to reports.

Business » Energy | October 7, 2010, Thursday // 15:26 | Viewed: 2571

Bulgaria Gets Crucial Environment Assessment of Oil Pipeline

Bulgaria's environment ministry has received an environment assessment study of the planned Burgas-Alexandroupolis oil pipeline and is expected to rule on it in a month.

Business » Energy | October 6, 2010, Wednesday // 13:57 | Viewed: 2228

Sofia Heating Utility Ready to Enter Winter Mode

The heating utility in Bulgaria's capital Sofia "Toplofikatsiya" announces Tuesday they are ready to provide heat to customers if the latter so desire.

Business » Energy | October 5, 2010, Tuesday // 17:28 | Viewed: 1800

Bulgaria Pushes Nabucco Forward after Talks with Turkey, Georgia

Bulgaria has coordinated its position on the Nabucco gas transit pipeline with Turkey and Georgia, and will be seeking further support from the EU to accelerate the project.

Business » Energy | October 4, 2010, Monday // 20:43 | Viewed: 3666

Bulgaria to Start Exporting Electricity to Turkey Once Again

Bulgaria should be able to start exporting electricity to Turkey end of October, the energy ministers of the two countries agreed in Sofia.

Business » Energy | October 4, 2010, Monday // 20:19 | Viewed: 3545

Bulgaria Negotiates Transit of Azerbaijan Gas with Georgia

Bulgaria is in negotiations with Georgia for the transit of 2 billion cubic meters of natural gas from Azerbaijan.

Business » Energy | October 4, 2010, Monday // 19:51 | Viewed: 2520

S&P Downgrades Bulgaria Electricity Utility Rating

Standard&Poor's Ratings Services announced it has lowered the corporate credit rating on Bulgaria-based National Electricity Utility NEK.

Business » Energy | October 2, 2010, Saturday // 18:18 | Viewed: 2056

Bulgaria Nuclear Plant Kozloduy Holds Open Doors Day

The Bulgarian Nuclear Power Plant (NPP) in the Danube town of Kozloduy is holding Saturday an open doors day, the NPP informs.

Business » Energy | October 2, 2010, Saturday // 11:39 | Viewed: 1945

Macedonia Closer to Joining South Stream

Macedonia appears to be very close to being included in the South Stream gas transit pipeline after its government held talks with Gazprom officials on Friday.

Business » Energy | October 1, 2010, Friday // 21:12 | Viewed: 3975

CEZ Okays Payment of BGN 41 M Dividend to Bulgaria

Czech-owned power utility CEZ has formally approved the decision to pay a total dividend of BGN 41 M to the Bulgarian government.

Business » Energy | October 1, 2010, Friday // 19:19 | Viewed: 2415

Bulgaria, Turkey to Join Forces for EU Funding of Gas Grids

Bulgarian Energy Minister Traicho Traikov has met with his Turkish counterpart, Taner Yildiz, during the second edition of the two-day "Black Sea Energy and Economy Forum" in Istanbul.

Business » Energy | September 30, 2010, Thursday // 18:22 | Viewed: 2429

Melrose Lands Yet Another Concession Contract in Bulgaria

Edinburgh- based oil and gas explorer Melrose Resources has landed a seven-year concession contract to extract natural gas from the Kaliakra field in Bulgaria, the government announced.

Business » Energy | September 30, 2010, Thursday // 16:26 | Viewed: 3721

Romania Wants to Export Electricity to Bulgaria

Romania could export more electricity to Bulgaria, according to Adrian Baiscusi, general manager of Romanian power grid operator Transelectrica (TEL).

Business » Energy | September 30, 2010, Thursday // 15:50 | Viewed: 2458

Bulgarian PM Asks Russians to Build Belene NPP for EUR 7 B

Bulgaria's Prime Minister Boyko Borisov hinted he has asked Russian company Atomstroyexport to build the Belene Nuclear Power Plant for not more than EUR 7 B.

Business » Energy | September 30, 2010, Thursday // 11:21 | Viewed: 4874

Bulgaria with High Hopes for 2nd Black Sea Energy Forum

The second edition of the "Black Sea Energy and Economy Forum" has started in Istanbul with Bulgarian Economy Minister Traicho Traikov among the participants.

Business » Energy | September 29, 2010, Wednesday // 18:46 | Viewed: 3014

Macedonia Starts Gazprom Talks to Join South Stream

Macedonia will hold talks on October 1 with Russian gas giant Gazprom on joining the South Stream gas pipeline project.

Business » Energy | September 28, 2010, Tuesday // 20:23 | Viewed: 2431

Bulgaria Energy Watchdog: NEK Off the Hook

The Bulgarian energy watchdog has announced it will not fine the National Electric Company (NEK) because it has not made any specific violations.

Business » Energy | September 28, 2010, Tuesday // 13:04 | Viewed: 2213

Bulgaria Energy Watchdog: No Decrease of Heating Price

The Bulgarian State Commission on Energy and Water Regulation (DKEVR) will discuss on Tuesday the decrease of the natural gas price by 1% from October.

Business » Energy | September 28, 2010, Tuesday // 08:13 | Viewed: 2008

5 Dirty Bulgarian Power Plants Face Closure, Trade Unions Indignant

Five power plants in Bulgaria that do not meet EU eco-requirements must close down by end of October, raising concern about environmental responsibility, energy supplies and unemployment.

Business » Energy | September 27, 2010, Monday // 14:37 | Viewed: 2874

Russia Anticipates Re-launch of Bulgaria Nuclear Plant

Russia has expectations that Bulgaria will renew the construction of its second Nuclear Power Plant in the Danube town of Belene, the Russian news agency ITAR-TASS informs Monday.

Business » Energy | September 27, 2010, Monday // 10:18 | Viewed: 2548
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