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File photo: Source: plevenzapleven.bg/
Bulgaria has opened a tender for prospecting for oil and gas in Block 1-24 Kitka in Varna Region.
The tender is part of the government’s efforts to reduce Bulgaria’s almost complete dependence on Russian gas imports by increasing domestic production.
Block 1-24 Kitka spreads over 704 square kilometers in the southwestern part of Varna Region, in northeastern Bulgaria.
The exploration permit will be granted for a five-year period, with an option of two extensions of two years each, the government announced on Friday following a weekly meeting.
Potential bidders will be able to buy tender documents within 120 days after the publication of the announcement in the Official Journal of the European Union.
Candidates will be ranked according to their work plans, investment in environment protection, training programmes as well as managerial and financial capabilities.
Discussion around the admission of third-country workers to the Bulgarian labor market has intensified, often with emotions running high.
Bulgarians are reminded that annual tax returns must be filed by the end of April, with any additional tax due to be paid in euros
On Tuesday, much of Bulgaria will remain under considerable cloud cover.
The Bulgarian Food Safety Agency has detected bacterial contamination and mold in several sandwiches distributed in schools during a series of inspections
Producers of basic food products in Bulgaria are warning that the continuing rise in fuel prices could soon be reflected in the cost of goods on the market.
As of March 16, 2026, Bulgaria’s major and complex dams hold a total of about 4,892.4 million cubic meters of water, which corresponds to roughly 74.85% of their overall storage capacity
Fuel prices at wholesale bases, which supply both gas stations and agricultural producers, continue to rise steadily, prompting increased activity at fuel outlets across Bulgaria
OMV Petrom has announced that it will join the consortium exploring the offshore Khan Tervel gas block in the Bulgarian sector of the Black Sea, marking a significant expansion of its footprint in a region of growing strategic importance for Europe’s ener
Fuel prices in Bulgaria have continued to rise sharply over the past week, according to data from the Fuelo platform, as reported by BTA.
In Bulgaria, energy experts are calling for greater transparency in fuel pricing, focusing on the role of Lukoil Neftochim, which dominates the country’s oil market
Bulgargaz has submitted a proposal to raise the price of natural gas by 5.12% for April. Should the Energy and Water Regulatory Commission (EWRC) approve the request, the commodity would be sold at EUR 34.27 per megawatt-hour, excluding additional costs f
The Fiscal Council has assessed that a 25% surge in global oil prices would constitute a moderate external shock for Bulgaria, primarily impacting the economy through higher energy import costs, rising inflation, and a potential slowdown in external deman
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