English Edition

Russia's Stroytransgaz to Exit South Stream Project in Bulgaria

Τρι, 5 Αυγούστου 2014 - 14:47

Russia’s Stroytransgaz has asked to withdraw from the construction of the Bulgarian section of the South Stream gas pipeline, Russian media reported on Monday quoting the company’s majority shareholder, Gennady Timchenko.

The Cost of the Planned Bulgaria-Serbia Gas Interconnector Will Surpass EUR 34 m

Τρι, 5 Αυγούστου 2014 - 14:46

The cost of the planned Bulgaria-Serbia gas interconnector will surpass BGN 68 million (about EUR 34 m), preliminary estimates of Bulgaria’s Ministry of Energy and Economy revealed.

Westinghouse Signs Shareholder Agreement for New Unit at Bulgarian NPP

Δευ, 4 Αυγούστου 2014 - 12:30

U.S.-based Westinghouse, controlled by Toshiba Group, said on Friday it has signed a shareholder agreement following consultations with all Bulgarian political parties for the construction of a new unit at Bulgaria's sole nuclear power plant (NPP) Kozloduy.

OMV Says Russia Sanctions Don't Impact South Stream Pipeline

Δευ, 4 Αυγούστου 2014 - 12:29

European sanctions imposed on Moscow in the Ukraine crisis will have no impact on the planned South Stream gas pipeline to bring Russian gas to Europe, the head of Austrian energy group OMV told Profil magazine.

Bulgaria's Top Court Cancels 20% Fee on Renewable Power Producers Revenue

Παρ, 1 Αυγούστου 2014 - 12:35

The Bulgarian Constitutional Court said on Thursday the introduction of a 20% charge on revenues from wind and solar power generation since January 1, 2014, was against the law.

Shale Gas: An Alternative Energy for EU, Turkey

Παρ, 1 Αυγούστου 2014 - 12:34

The natural gas crisis between Russia and Ukraine has pushed many European countries to review their dependency on Russian gas. As an alternative to natural gas, the exploration of shale gas has recently become a hot topic of discussion. Turkey, which meets 90 percent of its natural gas requirement through import, is among the countries that have shale gas reservoirs.

MOL Romania Invested Over EUR 6.1 million in 7 New Gas Stations

Παρ, 1 Αυγούστου 2014 - 12:33

MOL Romania invested over EUR 6.1 million in 7 new gas stations, expanding its national network to 154 units. The new stations are located in counties Constanta, Ilfov, Suceava, Timis, Hunedoara, Iasi and Bihor.

Greece To Implement Measures Reducing Energy Costs for Enterprises

Παρ, 1 Αυγούστου 2014 - 12:33

The Greek government intends to implement measures reducing energy costs for enterprises, even without the approval of the European Commission, Greece's Development Minister Nikos Dendias said on Thursday following a ministerial committee meeting on industrial policy.

Bulgargaz Gets 12 mln Euro Anti-trust Fine

Πεμ, 31 Ιουλίου 2014 - 12:20

The Bulgarian antitrust regulator said on Wednesday it imposed a fine of 23.4 million levs ($16.1 million/12 million euro) on gas monopoly Bulgargaz.

Serbia Aims to Provide Stable Electricity Supply by Winter

Πεμ, 31 Ιουλίου 2014 - 12:19

The catastrophic floods and the crisis in Ukraine have affected the energy stability in the entire Europe. The Serbian electric power industry has suffered great damage, and government’s goal is to provide the stable electricity supply by winter.

Romania's Termoelectrica has Sold Several Assets Including a Thermal Power Plant

Πεμ, 31 Ιουλίου 2014 - 12:18

Romania’s state-run energy company Termoelectrica has sold several assets, including its thermal power plant in Doicesti, to European Energy Communications SRL for 60.89 million lei (EUR13.8 million).

ESIA for South Stream Bulgarian Offshore Section Shows No Significant Impact

Τετ, 30 Ιουλίου 2014 - 12:39

Dutch-based South Stream Transport BV, a joint venture established for the planning, construction and operation of the offshore section of the South Stream gas pipeline through the Black Sea, said on Tuesday the environment and social impact assessment (ESIA) for the Bulgarian sector of the gas pipeline shows that the project will have no significant impact.

Greece Acquired its First Two Solar Boats

Τετ, 30 Ιουλίου 2014 - 12:38

Greece acquired its first two solar boats. The boats will be used for leisure trips in the protected areas of Small and Big Prespa lakes in the Greek borders with Albania, in the framework of the transnational project entitled “Green Boat.”