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.
The claims made by North Macedonia’s Premier Hristijan Mickoski, his Deputy Prime Minister and Minister of Transport Aleksandar Nikoloski and other responsible figures in Skopje regarding Corridor No. 8 are false and misleading. This was stated by the..
Caretaker Minister of Energy Vladimir Malinov has started another round of renegotiation of the agreement with the Turkish gas transmission operator BOTAŞ. On Wednesday, he met with his Turkish counterpart Alparslan Bayraktar in Istanbul. On..
Without discussion and debates, the parliament adopted conclusively the Law on the Introduction of the Euro in Bulgaria. 167 MP from GERB-SDS, the Movement for Rights and Freedoms (DPS) and We Continue the Change-Democratic Bulgaria voted in..
The forest wildfires during the past weeks endangered people and settlements, but also valuable natural habitats which are home to an enormous variety..
Around 2 , 120 military personnel from different land forces units have taken part in the efforts to put out wildfires in different parts of..
On Sunday the weather will be predominantly sunny. There will be a light, in the Eastern parts to moderate wind from the Northeast. Maximum..
Clear
Partly Cloudy