The 113th Rose Festival, the biggest event dedicated to the aromatic plant in Bulgaria, was held on Sunday in the town of Kazanlak in the heart of the Valley of Roses.
Oil prices ended lower on Friday as investors were sifting through the downbeat U.S. jobs data and the outcome of an OPEC (Organization of the Petroleum Exporting Countries) meeting.
A seismic shift from petrol and diesel vehicles to electric ones, especially in China, could mean the world would enter an era of oil surplus in as early as a decade, says French bank BNP Paribas.
Some 4,000 people who fled the raging wildfire in central Canada and were in danger of becoming stranded have been airlifted to safety, officials said on Thursday (May 5) as the inferno exploded in size.
Eleven dead bodies have been found after a helicopter carrying 13 people crashed Friday off the western coast of Norway, rescue services said.
An oil leakage near Genoa in northern Italy has caused serious environmental damage in the region, killing birds and fish and prompting a race against time to stop the oil's flow towards the sea.
Australian media has lifted the lid on allegations of corruption in the oil industry dating back decades, implicating global companies, officials and ministers, likely renewing investigations that had stalled.
Australian researchers have dispelled two widely used treatments for knee osteoarthritis in a world-first clinical trial.
Iran's billionaire tycoon, Babak Zanjani, was sentenced to death over financial corruption scandal, Iran's Judiciary spokesman Gholam-Hossein Mohseni-Ejei announced on Sunday.
Oil prices may have rallied on a new International Energy Agency forecast for demand to erode the excess supply next year and hopes exporters will soon agree to tighten the spigots, but producers shouldn’t get too excited.
Struggling to fill the hole in revenues left by the plunge in the oil price, investors from the world's major oil-producing countries were among the biggest sellers of South Korean and Japanese stocks over the past year.
The Russian ruble dropped Wednesday to 80.68 against the U.S. dollar on the Moscow Exchange, a record low since its re-denomination in 1998.
The prices of crude oil are most likely to stay at relatively low levels in the near future as there are no signs of major producers taking actions to ease a severe oil glut yet. Nevertheless, some energy officials and analysts said that they expect the oil glut to gradually rebalance itself into 2016, though the high oil prices seen in the past may not be recovered soon.
A suicide car bomb killed at least four people, including a child, on Thursday in Libya's northern oil port of Ras Lanuf, said a spokesman for the Petroleum Facility Guard (PFG).
U.S. stocks slumped for a second straight day on Thursday, as global markets rout and falling oil prices continued to weigh on Wall Street.
Iraq is eyeing "a huge expansion" of its railway network and Baghdad is contacting leading Chinese companies to carry out the task, visiting Iraqi Prime Minister Haider al-Abadi told China Daily on Wednesday.
The price of oil has fallen to its lowest level in 11 years as commodity markets responded to signs that the global glut of oil will deepen in 2016.
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