Investments in gas exploration in the Bulgarian Black Sea economic zone have reached 425 million euros. The Ministry of Energy has information that after three unsuccessful drillings the exploration companies hope to find gas deposits in the fourth well, because geologically it would be strange to have similar deposits in Romania and Turkey, but not in Bulgaria.
In an interview with bTV, Minister of Energy Alexander Nikolov denied information that there were "gas rivers" in the "Khan Asparuh" sector, as previously announced. What the ministry has done so far is finding an additional investor for a final study that would show whether there was natural gas in the sector, the minister said.
The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not..
The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's economy will grow by 2.9 per cent in 2025, 0.1 per cent less than initially forecast in May...
The largest net positive flows of direct investments in the country for January - July 2024 are from the Netherlands (269.5 million euros), Austria (225 million euros) and Greece (160.5 million euros), BNB data show. According to them, the..
Bulgaria has today received its first delivery of natural gas from the new Alexandroupolis terminal in Greece. The facility has been in commercial..
On October 4, 1974, the construction of the Hemus Motorway from Sofia to Varna started. Back then, the chairman of the State Council and..
2024 is the best year since tourism statistics have been in existence – revenues, accommodation, number of tourists and tourist registrations, number of..
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