Bulgaria: The electricity price for companies increased by 203%
A shocking jump in the current electricity price for business took place this week. The increase is 203% compared to…
Bulgarian Parliament adopted amendments for liberalisation of natural gas market
Sofia-based Parliament has adopted on first reading amendments to the Energy Act with 107 votes in favour, one against and…
The Ministry of Energy and the KEVR support the creation of a natural gas exchange in Bulgaria
“Only in case of diversification of natural gas supplies we can talk about competition and create conditions for market liberalization”,…
EBRD and EU supporting innovative businesses in Bulgaria, Latvia and Romania
The EBRD and the EU have launched a new financing programme that supports investment in research and innovation by small…
Bulgaria takes 140 mln. cm of gas from US, announces Greece pipe works
Bulgaria has negotiated a new 140 million cubic meters of gas other than Russian supplies of the fuel. This was…
Bulgartransgaz changed the consortium which will build “Turkish Stream” through Bulgaria
Bulgartransgaz changed the consortium, which will build “Turkish Stream” through Bulgaria. The reason – the previous favourite did not submit…
KEVR: The Prices of Heating in Bulgaria will Start Rising from July due to the situation in Iran and Venezuela
The complicated situation in Iran and Venezuela and the high carbon prices that have an effect on all energy companies…
Bulgarian heating and hot water prices will rise by 4.5% from July
New prices for the heating in Bulgaria from July. The Energy and Water Regulatory Commission suggests that the price of…
CEZ Plans to sell its assets in Romania, Bulgaria, Turkey and Poland
Czech CEZ plans to sell its assets in Romania, Bulgaria, Turkey and Poland as part of its strategy to concentrate…
Employers demand resignation of the Bulgarian National Electricity Company’s management
Employers’ organizations have demanded the resignation of the management of the National Electricity Company (NEC) because of the recent surge…
Bulgaria: Electricity exports have increased by 40% in the first four months
Electricity exports from Bulgaria have increased by over 42% in the first four months of the year. This is shown…
Bulgaria’s NPP Kozloduy shuts down Unit 5 for planned annual maintenance
Bulgaria’s sole nuclear power plant (NPP) Kozloduy said that it has shut down its 1,000 MW Unit 5 on Wednesday…
Bulgarian fin regulator probes Eurohold over CEZ deal talks
Bulgaria’s financial regulator said on Wednesday that it is launching a probe into local financial and insurance group Eurohold Bulgaria…
Bulgarian power distributors seek significant increase in electricity prices
An average of 15 percent will increase household electricity prices if the energy regulator approves CEZ’s proposal to increase the…
Romania loses yet again VW for Bulgaria or Turkey
Although Romania was on the VW list for a new factory, it appears that it lost again, this time for…
Bulgaria doesn’t want to give up on coal, uses biomass as statistical trick
Bogdan Tudorache The Bulgarian government doesn’t want to phase out coal, and there is basically no new renewable investment projected…
Three groups bid to build $1.6 billion gas pipeline in Bulgaria
Three consortiums have submitted bids in a 1.4 billion euro ($1.6 billion) tender to build a pipeline to carry Russian…
Anna Colucci (DG ENER): Freezing prices is against competition and it does not help the vulnerable consumers
Fixing, capping or freezing the energy prices decrease competition, and that usually is a source of revenues for the incumbent…
Alexey Miller: Gazprom will not be part of the “Balkan” gas hub
Gazprom does not plan to participate in the Balkan gas hub in Bulgaria. This was stated by the chairman of…
Rosatom can resume construction of the Belene nuclear power plant in Bulgaria
Russian state-owned Rosatom is able to complete the construction of the Belene nuclear plant shortly and is at the same…
Bulgaria OKs transfer of 20% of offshore block exploration rights from Shell to Repsol
Bulgaria’s government said on Wednesday it approved the transfer of 20% of the exploration rights on offshore Block 1-14 Khan…
