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.
"It is evident that the political crisis continues and its solution requires not only putting aside personal and party interests but also requires adequacy", President Rumen Radev said in Parliament after the MPS rejected the nomination of Rossen..
After a heated debate, Parliament rejected the proposed GERB-SDS cabinet with Rosen Zhelyazkov as Prime Minister. It was supported by 98 MPs, with 138 voting against and two abstaining. Zhelyazkov, representing the first political force in Parliament,..
Ukrainian optimism clashes with European scepticism ahead of the NATO summit, with divisions emerging over defence spending and how the war will end. These are the conclusions of a report based on a new survey by the European Council on Foreign..
“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their..
The first joint operation of the newly formed Mine Counter Measures Task Group Black Sea involving Bulgaria, Turkey and Romania is to take place July..
On Tuesday the weather will be sunny and hot over most of the country. Clouds will form over Western and Central Bulgaria in the afternoon and there..
Partly cloudy, chance of rain
Mostly Cloudy
sunshine, cloud, rain and thunder