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.
Speaking to journalists during her visit to the town of Gotse Delchev in the Blagoevgrad region, Vice-President Iliana Iotova described the newly elected National Assembly as "illegitimate". According to her, the reports of violations and the..
On Friday, there will be fog in the valleys. The lowest temperatures will range between minus 5°C and 0°C, for Sofia around minus 3°C. It will be sunny during the day. The maximum temperatures will range from 14°C to 19°C, for Sofia around 16°C...
BSP and ITN will ask the Constitutional Court to give the full rights to form a caretaker cabinet back to the president, Borislav Gutsanov from BSP - United Left has told the BNR. "BSP-United Left will be the guardians of the..
2.5% is the necessary effort that our country must make in terms of defence spending, caretaker Minister of Defense Atanas Zapryanov..
Acting Energy Minister Vladimir Malinov told a briefing that neither he nor the Energy Ministry had any information about the sale of Lukoil Neftohim..
Metallurgy, heavy and mining industry are an irrevocable part of the full-fledged economic development of Europe. This was stated by Bulgarian President..
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