The Council of Ministers opens a tender procedure for the search and exploration of oil and natural gas in the area "Block 1-26 Khan Tervel", located in the exclusive economic zone of Bulgaria in the Black Sea.
The area is over 4,000 square kilometers in size and permission will be granted for 5-year long exploration, with the right to three extensions of two years each. Potential bidders are required to have generated at least €150 million in net sales revenue in total over the past three financial years.
"It is important for us to stand firm and instill confidence in our European partners, and this frequent change of governments, frequent elections, does not send a good signal", Commissioner for Innovation, Research, Culture, Education and Youth..
President Rumen Radev is to hand the second governing-forming mandate next week. ''I expect We Continue the Change - Democratic Bulgaria (PP-DB) to clearly state whether they will be an opposition or will seek support for forming a government'',..
Caretaker Premier Dimitar Glavchev said from Washington that he did not know why the president had not yet announced a date for handing over the second exploratory mandate to form a government. "Surely, President Rumen Radev has some considerations..
The start of the major repair of the Danube Bridge near Ruse is the reason for a serious conversation about the connectivity between..
The Chairman of the GERB-SDS Parliamentary group, Boyko Borissov, sent an official refusal to the Movement for Rights and Freedoms (DPS) and confirmed..
The largest archaeological campaign ever conducted on Perperikon has begun, BTA reports. Prof. Nikolay Ovcharov, head of the research at..
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