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.
A contract for the purchase of 35 electric multiple units (EMUs) has been signed at the Council of Ministers. This is the largest order placed by the Bulgarian state in the last 20 years and the largest investment in rolling stock, announced Transport..
If we delay and do not reorganize and modernize our arms industry, in 5-6 years it will be exotic for the European arms market. This is a major challenge", said Bulgaria’s Minister of Defense Atanas Zapryanov during the discussion “The Hague 2025:..
In 2024, Bulgaria spent USD 2.208 billion (3.964 billion BGN), or 2.04% of its GDP, on defense, reads the annual report of NATO Secretary General Mark Rutte. For the first time, the country has met the NATO target set in 2014, which requires each..
A peaceful civic protest under the motto “Protecting our children – car procession and blocking traffic on Danube Bridge” will take place on Saturday...
Vice President Iliana Iotova is paying a visit to Grasse, France at the invitation of the town mayor Mayor Jerome Viaud and the local cultural..
Young Catholics from all over the country met at the Saint Francis of Assisi church in the village of Belozem, Rakovski municipality, to join, online,..
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