Wed, Feb 08 2012
According to a report, fuels made from food crops produce no real reduction in emission, while contributing to deforestation and water shortages. Friends of the Earth has called for Europe to lift its targets for biofuel consumption or risk food shortages in already impoverished areas.
Bulgarian Prime Minister Boiko Borissov said on August 19 2009 that he would order an immediate check-up of the major fuel retailers operating on the market including Shell, OMV, Eko and Lukoil.
Rise of more than two per cent ascribed to trends on international markets, affected by governments’ and central banks’ measures against the global financial and economic crisis.
Bulgarian biofuel producers have threatened to file a lawsuit against the Customs Agency after the agency said that it would impose an excise on pure biofuel products starting from October, the National Biofuels Association in Bulgaria has said. Deputy Finance Minister Kiril Zhelev said in mid-October that biofuel producers will have to pay excise duties until the European Commission issues a ruling saying that the tax incentive is not illegal state aid. Bulgarian authorities have not submittted such a request over complications in calculating the costs of fossile fuels in the country, which is part of the package that has to be submitted to the EC.
Bulgarian biofuel manufacturers blamed the number of suspended projects and the lack of market for their product on the Government and its aversion to incentive, Dnevnik daily reports. The remarks were made at a round table, held on March 25, organised by the National Biofuels Association. Most hardships experienced in the sector stem from legislative failures, according to producers. They added that the
Spanish company Coener Group plans to invest more than 60 million euro in a complex to produce biofuel from industrial crops in the region of Pleven, in northern Bulgaria. Coener's executive director Alejandro Lopez has already met with Pleven regional governor Tsvetko Tsvetkov to discuss details of the planned investment, the local administration said.
Bulgarian producers of biofuel were being levied with excise duty in violation of the Act on Excise Duty and Tax Warehouses (AEDTW), Dimitar Minchev, manager of the firm Bulmarket said during a conference on the South-East European market of biofuel, as quoted by investor.bg on October 23. AEDTW stipulated that biodiesel and bioethanol produced in Bulgaria were subject to zero excise duty
Services at several banks in Bulgaria were disrupted because of the network disruption which lasted several hours on February 6 2012.
Some passengers entitled to rerouting, the Hungarian airline says, announcing a shutdown after 66 years of operations.
As debate in Bulgaria heats up on the issue of shale gas exploration, a view against fracking from an environmental campaigner.
As debate in Bulgaria heats up on the issue of shale gas exploration, a view in favour of fracking from a geologist.
Bulgarian Cabinet's shale gas ban cuts off all oil and gas exploration drilling.

Lyubov Kostova was appointed country manager of British Council Bulgaria effective January 1, replacing Tony Buckby, who left in October 2011 to take a similar position at British Council Greece. Kostova has been with British Council Bulgaria for 11 years, as public communications manager and, since 2008, as the head of project and partnerships department. Prior to joining the British Council, Kostova was head of international activities at the National Academy for Theatre and Cinema Arts (NATFIZ). She has a degree in Indian studies from Kliment Ohridski Sofia University.

Stefan Apostolov is the new chief executive of CEZ Razpredelenie Bulgaria, the power transmission subsidiary of Czech energy company CEZ in the country. He replaces interim chief executive Ales Damm, who remains the chairperson of the CEZ Razpredelenie management board. Apostolov has 30 years of experience in the energy sector, joining CEZ in 2007 as director of customer service and was later appointed as head of business development. Apostolov has a master's degree in electric systems from the Belorussian National Technical University in Minsc, management diplomas from Open University London and New Bulgarian University, as well as a master's degree in business administration from Plovdiv University.

Valentina Dikanska is the new general manager of chemical industry giant BASF subsidiary in Bulgaria, taking over from Herbert Fisch, BASF vice president for Southeastern Europe. Dikanska, who started her career as an expert in the Finance Ministry, joined BASF Bulgaria as director of finance and administration in 2002. She becomes the first Bulgarian to hold the top management position in the company in its 40-year history on the Bulgarian market. Dikanska holds a master's degree in economics from the University for National and World Economy in Sofia.

Alexander Albin has been appointed chief executive of fuel distributor Rompetrol Bulgaria, replacing Nichita Sorin, who left to become chief executive of Rompetrol Gaz in Romania. Albin was previously chief executive of Rompetrol Georgia. He has more than 15 years of experience in the oil and gas industry; prior to joining Romania's oil group Rompetrol in 2008 as an adviser, he oversaw operations at Atyrau refinery in Kazakhstan, owned by Rompetrol's parent company KazMunaiGaz. He previously held top management positions at two other leading Kazakh oil and gas companies.