A contract for the search and exploration of oil and natural gas deposits in the Khan Tervel Block 1-26, located in Bulgaria's exclusive economic zone in the Black Sea, will be signed at an official ceremony in Sofia today.
The agreement will be signed by the Ministry of Energy of Bulgaria and Shell Exploration and Production. The ceremony will also be attended by Prime Minister Rosen Zhelyazkov.
The new exploration in the Black Sea is an important step towards revealing the potential of Bulgaria's own production in the context of the country's energy independence.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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