Latest news
New legislation likely to slow down Bulgaria’s wind market
The Bulgarian government is likely to approve the new legislation for renewable energy that could deprive of courage the wind industry financial support, disturb the country’s market and induce among investors higher risks in terms of feed-in tariffs and capacity allocation.
read more... 10/11/2011
Gazprom joints three major partners in South Stream gas pipeline
Three energy majors, Italy’s Eni, France’s EDF and Germany's Wintershall, have joined Russian energy giant, Gazprom as to build jointly the South Stream gas pipeline, which is aimed to transport Russian gas to Southern and Central Europe via the Black Sea and Bulgaria bypassing Ukraine.
read more... 19/09/2011
Bulgaria expects Russia to abandon court battle against NEK
The Bulgarian government expects that Russia will withdraw its 58 million euro claim at an arbitration court over delayed payments against Bulgaria’s state-owned nuclear power firm NEK.
read more... 01/08/2011
Bulgaria withdrew Lukoil’s refinery license
On Wednesday, the Bulgarian customs officials has withdrawn the license of the country’s biggest oil refinery, called Neftochim, which is controlled by Russia’s giant, Lukoil.
read more... 28/07/2011
Russia files a lawsuit against Bulgaria over delayed nuclear plant
Russia filed a lawsuit against Bulgaria’s National Electric Company (NEK) in order to accelerate the construction of the Belene nuclear power plant, the first in the EU that is totally dependent on Russian technology.
read more... 25/07/2011