Drones Strike Odesa from Black Sea, Ukrainian Troops Withdraw from Villages
Odesa, a key Ukrainian city, came under attack late last night as drones launched strikes from the Black Sea
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
France’s Total will start hydrocarbon drilling at the Bulgarian Black Sea block Khan Asparuh in the second half of 2015, according to Paul Sexton, Exploration Manager at Total E&P Bulgaria.
Sexton, as cited by the BGNES news agency, presented the progress of the exploration activities, saying that the company had wrapped up 3D studies and the data was yet to be analyzed.
He said that the first drilling operations were to be conducted using semi-submersible rig or drillships.
Sexton noted that the production of oil or gas could start in 5 or 10 years at the earliest after discovery.
A consortium of France’s Total, Austria’s OMV and Spain’s Repsol won an oil and gas exploration license for the Khan Asparuh block in July 2012.
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The Bulgarian Parliament has ratified the Agreement between the Government of the Republic of Bulgaria and the Government of the United States on cooperation regarding the construction of nuclear power at the Kozloduy Nuclear Power Plant
During a forum in Alexandroupolis, US Assistant Secretary of State for Energy, Jeffrey Payatt, highlighted the significance of a gas pipeline project through Bulgaria as the next pivotal step for energy development in the region
Prime Minister Nikolai Denkov addressed concerns over the long-term storage of nuclear waste during a parliamentary control session in Bulgaria today
Effective March 1, Bulgaria has officially halted the use and importation of Russian oil for fuel production, following a decision by the Parliament to drop the derogation
"Bulgargaz" suggests an 18% decrease in natural gas prices starting next month
In a recent report released by the Institute for Energy Economics and Financial Analysis (IEEFA) on Wednesday, it was revealed that demand for natural gas in Europe experienced a significant decline last year, dropping to its lowest level in a decade
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion