Business » Energy

Bulgarian Court Orders Belene NPP Reports of HSBC Declassified

Bulgaria's Administrative Court Sofia City (ACSC) has ordered the government, the Ministry of Economy and Energy (MIET) and the Bulgarian Energy Holding (BEH) to declassify all analyses and evaluations of HSBC bank, the Bulgarian government consultant on

Business » Energy | August 19, 2013, Monday // 18:08 | Viewed: 3255

Bulgaria's Maritsa Iztok Mines to Remain State Owned, No Job Cuts Foreseen

Maritsa Iztok Mines (Mini Maritsa Iztok EAD) will remain a state-owned company and there will be no staff cuts, according to Dragomir Stoynev, Bulgaria's Economy and Energy Minister.

Business » Energy | August 16, 2013, Friday // 17:54 | Viewed: 8175

CEO of Bulgaria's Kozloduy NPP to Turn Loss into Profit by end-2013

Bulgaria's Kozloduy Nuclear Power Plant (NPP) has run up losses of BGN 5.8 M in the first half of 2013, unlike 2012, when the NPP registered a profit.

Business » Energy | August 15, 2013, Thursday // 15:54 | Viewed: 2920

Scientists To Carry Out Natural Gas Research in Bulgarian Black Sea Waters

Bulgaria's government has authorized the research ship “Maria S. Merian” under German flag to carry out research in the region of the Black Sea aiming to find unconventional source of natural gas at the end of 2013.

Business » Energy | August 14, 2013, Wednesday // 17:45 | Viewed: 2123

Bulgaria to Achieve Nearly 5-Fold Increase in Local Gas Production in 10 Years

Bulgarian state-owned gas transmission operator Bulgartransgaz expects domestic production of natural gas to increase nearly 5-fold in 10 years.

Business » Energy | August 13, 2013, Tuesday // 16:22 | Viewed: 2624

Power Supply Recovery Fee in Bulgaria to Be Abolished

Yavor Kuyumdzhiev, MP of the Bulgarian Socialist Party (BSP) and Deputy Chair of the Parliamentary Energy Committee, has said that the fee charged for re-connection to the power grid is illegal and should be abolished.

Business » Energy | August 13, 2013, Tuesday // 14:50 | Viewed: 2444

TransAtlantic Petroleum Signs JV Agreement in Bulgaria

TransAtlantic Petroleum Ltd. has announced a joint venture agreement in Bulgaria.

Business » Energy | August 9, 2013, Friday // 13:54 | Viewed: 2355

Bulgaria's Electricity Exports Reach 1600 MW/h

Bulgaria's electricity exports have reached a level of 1600 MW/h, registering a substantial increase from the rate of 128 MW/h in May 2013, according to reports of the Ministry of Economy and Energy (MIET).

Business » Energy | August 7, 2013, Wednesday // 16:56 | Viewed: 2751

Bulgarian Energy Minister: Maritsa Iztok Miners to Keep Their Jobs

Bylgaria's minister of Economy and Energy, Dragomir Stoynev , has assured that discharges will not be made in the Maritza Iztok Complex – the largest energy complex in Bulgaria, located in Stara Zagora Province.

Business » Energy | August 7, 2013, Wednesday // 11:31 | Viewed: 2716

Bulgarian Trade Unions Warn about Layoffs at Otkrit Vagledobiv Mines EAD

Coal mining company Otkrit Vagledobiv Mines EAD faces unavoidable staff cuts, according to Nikolay Spasov, trade union leader at the company and Deputy Chair of the Federation of Independent Trade Unions of Miners.

Business » Energy | August 5, 2013, Monday // 11:48 | Viewed: 2224

Bulgaria's Energy Minister: Oranovo Mining Concession Temporarily Stopped, not Cancelled

The owner of the Oranovo coal mine has two weeks to bring the operations in line with legal requirements, according to Dragomir Stoynev, Bulgaria's Economy and Energy Minister.

Business » Energy | August 4, 2013, Sunday // 15:45 | Viewed: 8203

Bulgarian Kozloduy NPP Records Net Loss H1, 2013

Bulgaria's Kozloduy NPP has registered BGN 5.8 M losses for the first half of 2013, according to the entity's financial statement.

Business » Energy | August 3, 2013, Saturday // 11:35 | Viewed: 2046

Russia Confirmed Biggest Producer of Oil Globally

Russia has stayed in front of Saudi Arabia, topping the list of countries in the world producing the largest quantities of oil.

Business » Energy | August 3, 2013, Saturday // 10:15 | Viewed: 2817

Bulgarian Energy Minister Vows Steps to Terminate Oranovo Mining Concession

Dragomir Stoynev, Bulgaria's Economy and Energy Minister, has said that the Oranovo mine, where a fatal collapse claimed the lives of four miners, will stop working until its activity becomes legally compliant and the working conditions are safe.

Business » Energy | August 2, 2013, Friday // 14:53 | Viewed: 2628

Bulgaria's Energy Minister: Oranovo Mining Concession Should Have Been Stopped

Dragomir Stoynev, Bulgaria's Economy and Energy Minister, has vowed to remedy the important irregularities uncovered by the tragic accident at the Oranovo coal mine, which claimed at least two lives.

Business » Energy | August 1, 2013, Thursday // 14:55 | Viewed: 2583

Lower Electricity Prices Enter Into Force in Bulgaria

On Thursday, August 1 2013, new lower electricity prices come into force in Bulgaria, it has been announced.

Business » Energy | August 1, 2013, Thursday // 14:00 | Viewed: 3299

Bulgarian Minister Decries Plight of Energy Sector

Bulgaria's energy sector is experiencing an extremely difficult situation, according to a report of Economy and Energy Minister Dragomir Stoynev.

Business » Energy | July 30, 2013, Tuesday // 17:22 | Viewed: 3265

Bulgarian Trade Unions Fear 3500 Job Cuts in Mining Industry

Mining industry trade union representatives attended an extraordinary meeting with Economy and Energy Minister Dragomir Stoynev on Tuesday to discuss the new coal prices and the workload of the Bobov Dol thermal power plant.

Business » Energy | July 30, 2013, Tuesday // 16:09 | Viewed: 2724

It's Final: Electricity in Bulgaria 5% Cheaper Aug 1

Bulgaria's State Commission for Energy and Water Regulation, DKEVR, announced late Monday evening its final decision on electricity prices, which shall enter into force on August 1.

Business » Energy | July 30, 2013, Tuesday // 09:31 | Viewed: 3845

Expert Predicts 'Season of Scarcity' for Bulgarian Heating Utilities

The upcoming heating season will be a season of scarcity for heating utilities, according to Valentin Terziyski, Deputy Chair of the Association of Heating Utilities in Bulgaria.

Business » Energy | July 29, 2013, Monday // 17:02 | Viewed: 2350

Bulgarian Pro-Socialist Govt Plans NPP Belene Restart

Bulgaria's Socialist-endorsed government has included in its plan a possible restart of the project to build a Russian-sponsored second nuclear power plant in the Danube town of Belene.

Business » Energy | July 26, 2013, Friday // 16:31 | Viewed: 3676
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