Expats

The Bulgaria 2011 Review: Environment [Jan 07, 2012] Shale Gas Drilling Inches Forward Amid Protests In end-May, US energy giant Chevron landed a concession for shale gas exploration in Bulgaria with a whopping offer of EUR 30 M. According to the estimates of the bidders, the deposit near Novi Pazar in northeastern Bulgaria contains between 300 billion and 1 trillion cubic meters of shale gas. ... [via YahooNews] More >>

Bulgaria Selects 5 Companies for N-Plant Stress Tests [Aug 04, 2011] Bulgaria has picked five companies to prepare the stress tests at the country's sole nuclear power plant in Kozloduy, a public procurement notice shows. Local consultancies Risk Engineering and Enpro Consult, US energy giant Westinghouse, which was recently signed to help extend the life of Units 5 and 6, WorleyParsons, consultant of Belene nuclear power project, and the Institute for Nuclear ... [via YahooNews] More >>

Austrian Media Warn Bulgaria Against Playing Games with Russian Oil Giant [Aug 02, 2011] Austrian press reports of the Lukoil saga in Bulgaria have emphasized the superiority of the energy giant, at the same time advising the country to be careful about its energy relations. "Lukoil has shamed the Bulgarian government", Der Standard wrote, while Wirtschaftsblatt cautioned that Bulgaria was "playing with fire". "A court decision tilted the balance in favor of the Russian monopoly ... [via YahooNews] More >>

Bulgaria Signs Up Westinghouse to Help Extend Life of NPP Kozloduy [Jun 13, 2011] The Bulgarian Energy Holding (BEH) and Westinghouse have signed a cooperation memorandum under which the US energy giant commits to helping extend the life of Units 5 and 6 of Bulgaria's Kozloduy NPP. The document between BEH and Westinghouse Electric Company LLC (entitled "Memorandum of Understanding for the Studying of Cooperation Opportunities in Nuclear Energy") was signed Monday at the ... [via YahooNews] More >>

Bulgaria, Russia Still in Discord on Nuclear Project Price [May 26, 2011] Bulgaria and Russia are not getting closer in reaching an agreement on the price of the project to build a second Nuclear Power Plant, NPP, in the Danube town of Belene. The announcement was made by Bulgaria's Economy and Energy Minister, Traicho Traikov, after a meeting in Brussels with his Russian counterpart, Sergey Schmatko, with the CEO of Russian energy giant Gazprom, Alexei Miller, and ... [via YahooNews] More >>

Westinghouse Shows Renewed Interest in Bulgaria's Nuclear Plant [Mar 07, 2011] US company Westinghouse has showed renewed interested in investments in Bulgaria's only operational nuclear power plant Kozloduy, according to Minister of Economy, Energy, and Tourism Traicho Traikov. While on a state visit in Spain over the weekend, Traikov met with Jose Gutierrez, CEO and Vice President for Southern Europe of the US energy giant Westinghouse. Traikov was in Madrid as part of a ... [via YahooNews] More >>

Italy's Enel Interested in Bulgaria's Nuclear Plant Project 'Belene' [May 22, 2010] Italian energy giant Enel has showed interest in investing in Bulgarias nuclear plant project Belene, Bulgarian PM Boyko Borisov announced in Rome. [via YahooNews] More >>

Gazprom, Bulgaria to sign deal to clear way for South Stream (Russian Information Agency Novosti) [Feb 16, 2010] Gazprom and Bulgaria are set to sign an agreement on a joint venture that will clear the way for the construction of the South Stream gas pipeline across the southeast European state, the Russian energy giant said on Tuesday. [via YahooNews] More >>