State-owned gas stations will be located in big regional centers in order to have more balance in the cities. We believe that they should be built where there is no competition, said Minister of Economy Emil Karanikolov. When there is a rise in..
Bulgaria is in the top five of the most energy independent countries in the EU by 2018, according to Eurostat. Bulgaria's energy dependence has decreased for the period 2000-2018 - from 50% to a little over 45%. On average for the EU, energy dependence is..
Shell is going to start exploration drilling for oil and natural gas at the Han Kubrat block on April 1, the company reported. Exploration work will take place 1300 meters below sea level at a distance of 80 kilometers from the coastline south of..
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,..
The development of gas projects on the territory of Bulgaria has been discussed at a meeting in Davos between Bulgarian Prime Minister Boyko Borissov and head of Royal Dutch Shell’s global upstream business, Andrew Brown. During the talks,..
Bulgaria’s cabinet decided to launch a competition for oil and gas prospecting in Northwestern Bulgaria. The latest decision is based on investor’s interest. The evaluation of the proposals will be based on working programs, finance alloted to nature..
