Business » Energy

Bulgaria MPs Draft Bill for Black Sea Wind Turbines

A significant legislative proposal has emerged as MPs unveil a draft bill aimed at harnessing wind energy in the Black Sea, specifically near Shabla

Business » Energy | December 11, 2023, Monday // 15:25 | Viewed: 2705

Bulgaria Firm on Lukoil Sale: Insists on Legitimate Ownership for Refinery

Finance Minister Asen Vassilev affirmed Bulgaria's stance on any potential sale of Lukoil, emphasizing that if such a sale were to occur, it must involve a transparent and strategic investor.

Business » Energy | December 11, 2023, Monday // 11:19 | Viewed: 2852

Bulgaria-Serbia Gas Interconnector Officially Inaugurated by Presidents Radev and Vucic

The much-anticipated launch of the Bulgaria-Serbia Interconnector (IBS) witnessed a significant ceremony graced by the presence of Presidents Rumen Radev and Aleksandar Vucic from both nations

Business » Energy | December 10, 2023, Sunday // 12:06 | Viewed: 3859

Ukraine Expresses Continued Interest in Purchasing Belene NPP Equipment

Energy Minister Rumen Radev affirmed Ukraine's ongoing interest in acquiring equipment for Bulgaria's Belene Nuclear Power Plant (NPP) during an inspection of Bulgaria's gas link construction with Serbia

Business » Energy | December 9, 2023, Saturday // 11:00 | Viewed: 3075

Bulgaria Poised to Emerge as Energy Storage Hub: Economy Minister's Talks in South Korea

Economy Minister Bogdan Bogdanov's visit to South Korea has laid the groundwork for a strategic memorandum between the two countries

Business » Energy | December 7, 2023, Thursday // 16:16 | Viewed: 3532

Bulgaria: No Compensation Owed for Recent Power Outages Caused by Snowfall

Electricity distribution operators will not be compensating users for power outages triggered by heavy snowfall across Bulgaria, Energy Minister Rumen Radev confirmed during a parliamentary hearing

Business » Energy | December 7, 2023, Thursday // 14:26 | Viewed: 3107

Speculations Mount as SOCAR Emerges as Likely Buyer of Lukoil Neftohim Burgas Refinery

Speculations are rife about the potential buyer for Lukoil Neftohim Burgas refinery, with Azerbaijani state oil company SOCAR emerging as the primary contender, as reported by Trud newspaper

Business » Energy | December 6, 2023, Wednesday // 16:19 | Viewed: 4028

Bulgarian Finance Minister Assures No Fuel Shortage Amid Lukoil Refinery Sale Consideration

Bulgaria's Finance Minister, Asen Vassilev, addressed concerns about potential fuel shortages following "Lukoil's" deliberations on selling its business in the country

Business » Energy | December 5, 2023, Tuesday // 14:41 | Viewed: 2688

Russia's Lukoil Contemplates Asset Sale in Bulgaria Amid Changing Conditions

Lukoil has announced a strategic review of its Bulgarian ventures due to significant alterations in conditions

Business » Energy | December 5, 2023, Tuesday // 12:20 | Viewed: 3191

Bucharest Hosting the 4th Edition of Energy Week Black Sea

On 6-8th February 2024, the international renewables investment conference Energy Week Black Sea will take place in Bucharest, Romania

Business » Energy | December 4, 2023, Monday // 09:29 | Viewed: 2472

Bulgaria and 20+ Nations in Ambitious Push to Triple Nuclear Energy by 2050

Amidst the high-stakes stage of the 2023 United Nations Climate Change Conference (COP 28) in Dubai, a landmark declaration has emerged, supported by over 20 nations spanning continents, including Bulgaria

Business » Energy | December 2, 2023, Saturday // 10:20 | Viewed: 2830

Bulgargaz Announces Proposed 6.5% Increase in December's Natural Gas Price

Bulgargaz, the public gas supplier of Bulgaria, revealed its proposed final natural gas price for December at 87.50 BGN/MWh (excluding excise duty and VAT), marking a 6.5% increase compared to November.

Business » Energy | December 1, 2023, Friday // 15:42 | Viewed: 2474

Bulgaria Joins Global Push to Triple Nuclear Power Usage

Bulgaria has officially joined a significant declaration aimed at tripling the global share of nuclear power

Business » Energy | November 29, 2023, Wednesday // 17:00 | Viewed: 3732

Energy Minister Addresses Power Outages in 126 Bulgarian Settlements

At today's press conference held in the Council of Ministers, Energy Minister Rumen Radev revealed that 126 settlements across Bulgaria continue to grapple with electricity supply issues amidst the country's challenging weather conditions

Business » Energy | November 29, 2023, Wednesday // 15:04 | Viewed: 3030

Bulgaria: Significant Rise in Price of Natural Gas in December

Consumers in Bulgaria are set to face an increase in natural gas prices by approximately 7.5% starting next month

Business » Energy | November 29, 2023, Wednesday // 12:00 | Viewed: 3376

Chiren Gas Storage and More: North Macedonia's Energy Collaboration with Bulgaria

North Macedonia expresses keen interest in reinforcing energy collaborations with Bulgaria, aiming for joint projects and synchronized legislation alignment with the European Union

Business » Energy | November 28, 2023, Tuesday // 17:47 | Viewed: 3240

Bulgaria Serves as Transit Hub for Russian Nuclear Fuel to EU Nations Since Late 2022

Since late 2022, Bulgaria has emerged as a key transit point for nuclear fuel, as revealed by the Nuclear Regulatory Agency (NRA) in response to inquiries following Hungarian Foreign Minister Peter Szijjarto's social media disclosure

Business » Energy | November 23, 2023, Thursday // 10:31 | Viewed: 2720

Bulgargaz Proposes Nearly 8% Surge in December Natural Gas Prices

Bulgargaz has suggested a 7.9% rise in December's natural gas rates, as stated on the Energy and Water Regulatory Commission's (EWRC) website

Business » Energy | November 23, 2023, Thursday // 07:32 | Viewed: 2357

Bulgaria's Economy Minister Predicts Stable Fuel Costs Post-Russian Oil Derogation

Bulgaria's Economy and Industry Minister Bogdan Bogdanov conveyed in an exclusive interview with bTV on Sunday that March 2024 is not anticipated to witness a significant surge in fuel prices post the lifting of the Russian oil derogation

Business » Energy | November 20, 2023, Monday // 13:50 | Viewed: 2140

Bulgaria's Finance Minister Calms Concerns Over Russian Oil Derogation Impact"

Bulgaria's Minister of Finance, Asen Vassilev, provided reassurance that the forthcoming abolition of the derogation for Russian oil, scheduled for March 1, 2024, would not disrupt the Bulgarian market or prompt price hikes

Business » Energy | November 20, 2023, Monday // 12:10 | Viewed: 2467

Bulgaria's Lukoil Faces Production Shutdown Threat Due to Export Quota Shift

Lukoil Neftohim Burgas has raised concerns over the announced agreement between ruling parties regarding the derogation for importing Russian oil

Business » Energy | November 18, 2023, Saturday // 14:25 | Viewed: 4483
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