Business » Energy

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: 2865

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: 2494

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: 3758

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: 3049

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: 3401

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: 3269

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: 2742

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: 2367

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: 2154

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: 2483

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: 4532

Bulgarian Parliament Votes to Exempt Bulgartransgaz from Gazprom Fees

The National Assembly has enacted changes exempting "Bulgartransgaz" from collecting a new fee imposed on "Gazprom" for gas transit through the Turkish Stream pipeline

Business » Energy | November 16, 2023, Thursday // 11:50 | Viewed: 5752

European Commissioner Urges Bulgaria to End Russian Energy Dependency

During the European Sustainable Development Week in Brussels, Energy Commissioner Kadri Simson called on Bulgaria to draft a plan aiming to end its reliance on Russian energy imports by 2027

Business » Energy | November 15, 2023, Wednesday // 09:29 | Viewed: 2900

Natural Gas Prices Surge: Bulgaria Faces a 36% Increase Ahead of Winter

As Bulgaria braces for the onset of the heating season, the cost of natural gas is skyrocketing, with Bulgargaz EAD announcing a substantial 36% price hike

Business » Energy | November 1, 2023, Wednesday // 14:50 | Viewed: 3702

European Gas Reserves Exceed 99% Capacity Ahead of Winter Heating Season

Europe's underground gas storage facilities are poised for the upcoming heating season with more than 99% of their capacity filled, marking a significant milestone in the region's efforts to reduce energy dependence on Russia

Business » Energy | October 31, 2023, Tuesday // 16:58 | Viewed: 3825

Bulgaria will Assess where the Revenues from the Tax for the Transfer of Russian Gas will be Directed

The European Commission has been notified of the recently taken measure by Bulgaria regarding gas supplies. We are in close contact with Bulgaria and the other affected countries to assess and discuss the possible repercussions of this measure

Business » Energy | October 30, 2023, Monday // 15:04 | Viewed: 2634

Bulgaria has the Lowest Electricity Prices for Households in the EU

Average electricity prices for households in the first half of 2023 in the European Union are the lowest in Bulgaria (11.4 euros per 100 kWh)

Business » Energy | October 26, 2023, Thursday // 15:38 | Viewed: 3935

The EU Court Overturned the Fine of 77 Million Euros on the Bulgarian Energy Holding

The General Court of the EU overturned on Wednesday the European Commission's decision against the Bulgarian Energy Holding (BEH), which fined it 77 million euros in 2018 for violating competition rules on the European market

Business » Energy | October 25, 2023, Wednesday // 13:56 | Viewed: 3068

Bulgaria: The Construction of the 7th Unit at Kozloduy NPP Begins Soon

The construction of the 7th unit at the Kozloduy NPP is starting soon, announced Prime Minister Nikolay Denkov

Business » Energy | October 25, 2023, Wednesday // 09:58 | Viewed: 3848

Bulgaria: “Lukoil” Promised to Pay 500 Million Leva in Taxes in order to Preserve the Derogation of Russian Oil

The "Lukoil - Neftohim" refinery in Burgas has promised Bulgarian Prime Minister Nikolai Denkov to pay over 500 million leva (250 million euros) in taxes, and in return the state will keep the derogation (exception) from the European ban on the import of

Business » Energy | October 23, 2023, Monday // 13:22 | Viewed: 3835

Lukoil Refuted the Bulgarian Finance Minister - It is Not Selling the Refinery

Shortly after Finance Minister Asen Vassilev told the Financial Times (FT) that there was interest in buying the Burgas refinery, Lukoil denied it

Business » Energy | October 19, 2023, Thursday // 09:55 | Viewed: 3518
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