Moscow: Ukrainian Shell Hit Russian Border Crossing
A shell fired from Ukraine hit the Federal Security Service's border post in Rostov, the Federal Security Service's (FSB) border service said on Monday.
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
The first attempt at oil and gas prospecting off Silistar in the Black Sea has failed.
At the end of March “Shell International Exploration and Development Italia”, in which Shell has a 50 percent share, the Australian Woodside Energy – 30 percent, and the Spanish Repsol – the remaining shares, conducted three months of prospecting in Block Khan Kubrat.
The company is exploring one more section in the Northern portion of the Bulgarian Black Sea coast. According to Woodside Energy, deposits of hydrocarbons have been found near Silistar, but they are not suitable for commercial exploitation. The prospecting area has been sealed off and probes for future prospecting in the block are being undertaken, BNR reported.
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During debates on a draft decision concerning the Bulgarian Energy Holding, Minister of Finance Asen Vassilev announced that Bulgaria is on the brink of entering the Eurozone as it meets the inflation criterion
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