65.3% of Bulgarian Workers Earn Below Subsistence Level
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
The Council of Ministers has authorized Shell International Exploitation and Development Italy S.A. to transfer 20% of oil and gas exploration rights to Block 1-14 Kubrat to Repsol Bulgaria Khan Kubrat SA. The possibility of transferring the rights and obligations under granted permit for prospecting and exploration is regulated in the Underground Natural Resources Act.
In December 2018, the Council of Ministers granted permission to transfer 30% of the rights and obligations under the granted permission from Shell International Exploitation and Development Italy S.A.A. of Woodside Energy (Bulgaria) Limited. With today's decision, the Council of Ministers authorized the Minister of Energy to conclude an additional agreement to the Oil and Gas exploration contract with the three companies. The costs of transferring the rights and obligations are at the expense of Shell International Exploitation and Development Italy S.A.
In October 2015, the Council of Ministers granted permission to Shell Exploration and Production (LIX BV) to conduct exploration of oil and natural gas in Block 1-14 Silistar, located on the Continental Shelf of Bulgaria in the Black Sea. The search and research agreement was signed on 23.02.2016.
In April 2017, the Council of Ministers agreed that the rights and obligations under the granted permission would be transferred entirely from Shell Exploitation and Precession (LIX) BV " of Shell International Exploitation and Development Italy S.A. Then the name of the survey area - Block 1-14 Khan Kubrat was changed.
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According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Deputy Minister of Transport and Communications, Anna Natova, announced the commencement of construction for an outdoor parking lot at Terminal 2 of Sofia Airport
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
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
Vacationing at the seaside, whether in our country or abroad, is reasonably priced
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022