Within a period of 5 years Royal Dutch Shell will be searching for oil and natural gas in the Silistar Block 1-14 in the Black Sea after today the company signed an agreement for exploration with the Bulgarian government. The contract has a term of five years with an option for two extensions for two years each, it was reported. In order for actual research works to begin, it is still necessary that Shell obtains all necessary permits. According to Bulgarian Minister of Energy, Temenuzhka Petkova, the agreement was an important step towards achieving one of the main priorities of Bulgaria in the energy sector - diversification of supply sources of natural gas.
We discussed how to make NATO stronger, focusing on the collective, while at the same time strengthening the defense of each member country, caretaker Prime Minister Dimitar Glavchev said. He added that in the discussions in..
In an appeal to the DPS members, the honorary chairman of the DPS, Ahmed Dogan, demanded the resignation of the chairman of the parliamentary group, Delyan Peevski, and that of five other prominent names in the Movement for Rights and..
The largest archaeological campaign ever conducted on Perperikon has begun, BTA reports. Prof. Nikolay Ovcharov, head of the research at the site for nearly 25 years, says that the campaign is held under the title "Will Roman statues..
The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in..
President Rumen Radev is to hand the second governing-forming mandate next week. ''I expect We Continue the Change - Democratic Bulgaria (PP-DB) to..
13 bands from abroad will perform on the big stage of the 4 th edition of Midalidare - Rock in the Wine Valley , 12-14 July, alongside the..
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