At its regular weekly session, the Council of Ministers in Sofia decided that the deadline for searching and exploration of oil and natural gas in “Block 1-21 Khan Asparuh” would be extended by two years at the request of the licensees - Total, OMV and Repsol.
The block is located in the exclusive economic zone of Bulgaria in the Black Sea and is being explored on the basis of a contract that expired at the end of January.
During the two-year extension, additional geological and geophysical works and seismic surveys, worth 3 million euros, will be carried out.
The first regular direct flights between Bulgaria and the United States are expected to begin in April 2026, Transport and Communications Minister Grozdan Karadzhov said during the national discussion “Tourism and Air Connectivity: Traditional..
Bulgaria’s National Assembly approved at second reading amendments to the Investment Promotion Act. Under the changes, the assets of the Russian company Lukoil in Bulgaria can be sold only after a decision by the Council of Ministers and following a..
Bulgaria’s Prime Minister Rosen Zhelyazkov is convening a working meeting with ministers in connection with the United States’ decision to impose sanctions on Rosneft and Lukoil. The meeting is scheduled for 11:00 a.m. on Friday. Premier Zhelyazkov..
Saturday will start off with lows between 6°C and 11°C, dropping to around 6°C in Sofia. Skies will brighten for a time over northern Bulgaria before..
"Bulgaria expresses strong solidarity with Lithuania following Russia's repeated violations of European airspace, a clear example of deliberate breaches..
The annual planned maintenance of Kozloduy NPP Unit 6 starts today and is expected to last until early December, the nuclear power plant has announced...
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