Exciting News: Opening of Varna's New Central Bus Station in May
Architects Martin Hristov and Galina Baleva, who have crafted the design, revealed that a novel central bus station in Varna is scheduled to be inaugurated in late May
Bulgaria is about to auction off a second stretch of its Black Sea shelf for deepwater oil and gas drilling.
The Bulgarian government has given the green light to the launch of a tender for awarding an oil and gas drilling permit in Bloc 1-19 St Atanas near Varna.
According to unconfirmed reports, Austrian OMV is among the companies interested in winning the deepwater permit as it has already carried out exploratory activities in the region.
Other sources cite US Chevron as a potential participant in the tender.
In end-May, US energy giant Chevron won a shale gas drilling permit in Novi Pazar, Northeast Bulgaria, with a EUR 30 M bid.
Bloc 1-19 St Atanas spans a total of 1318 sq km and the winner the tender will obtain deepwater drilling rights for five years.
The tendering process will take at least one year because the tender announcement will be published in the Official Journal of the European Union.
In end-January, Lederbel BG won a five-year permit for deepwater drilling in the Silistar bloc, an area of 6940 sq km located near the country's southern Black Sea coast.
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The Nuclear Regulatory Agency (NRA) has greenlit the phased transition to a new type of nuclear fuel for Unit 5 of Kozloduy Nuclear Power Plant (NPP), manufactured by Westinghouse
In a bid to enhance its energy security and diversify its gas supply sources, Bulgargaz is gearing up for the first deliveries of liquefied gas through the Alexandroupolis terminal, set to commence in May
The Greek national electricity company, PPC, has announced plans to acquire 500 megawatts of photovoltaic capacity in Bulgaria
Oil prices have surged due to renewed concerns about the Middle East conflict. Brent crude futures increased by 0.32% to 90.80 USD per barrel, while American WTI crude rose by 0.3% to 86.50 USD per barrel
Bulgaria's state-owned energy company, "Bulgargaz," has suffered a significant setback, losing 27% of its market share as a result of a contract with the Turkish company "Botas"
A remarkable shift in Bulgaria's energy landscape has been unveiled in the latest report from the Commission for Energy and Water Regulation, submitted to the Bulgarian parliament
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022