Up To BGN 5,000 Fine For Incorrect Conversion And Rounding Of Prices From BGN To EUR
In order to protect the economic interests of consumers, there will be a period of double labeling of the prices of goods and services - in leva and in euros
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
A new gas deposit has been located in Romania's portion of the Black Sea. Rough estimations point to approximately 20-25 B cubic meters.
The discovery was made on Thursday by a third exploration well located in the Neptun region and was sponsored by both the Romanian company OMV Petrom and the US ExxonMobil.
The findings of the Pelican South-1 drilling station are still being evaluated, as reported by the Romanian publication Ziarul Financiar.
In comparison, Romania's total gas consumption amounted to merely 12.5 B cubic meters in 2013.
Petrom and ExxonMobil have had previous successful oil exploration operations in the Black Sea region. In 2012 a gas deposit of 42-84 B cubic meters was found.
Surprisingly enough, OMV Petrom recently reported a 56% decline of its net income, Bloomberg reported. A total of RON 2.1 B (USD 539 M) entered the company's budget, as compared to RON 4,8 B over the previous year.
According to the Romania's biggest oil producer, the main reasons for the profit drop are the higher production costs and lower oil prices on international markets.
Petrom nonetheless announced a further investment of between EUR 800 M and EUR 1.1 B in Romania's oil industry.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Amidst the political fervor preceding the upcoming parliamentary elections in North Macedonia on May 8, VMRO-DPMNE, the main opposition party, has proposed a postponement of constitutional changes regarding the inclusion of Bulgarians
Serbia's President Aleksandar Vucic has warned that Serbia could withdraw from the Council of Europe if Kosovo is admitted to the organization, as reported by media outlets in Belgrade
The chairman of the Macedonia Foundation, Victor Stoyanov, has raised alarm over an incident involving the reported assault of a Bulgarian citizen, Yane Murgoski, by Macedonian police in Ohrid
Montenegro was jolted awake by a powerful earthquake in the early hours of this morning, sending shockwaves across the region
In a sweeping move aimed at curbing reckless driving and enhancing road safety, Greece has implemented stringent measures against speeding motorists
Romanian Prime Minister Marcel Ciolacu has announced that Romania is set to become a part of the Schengen area through its land borders by the end of this year.
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022