BLACK SEA
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Energy Minister: Romania Has All The Leverage To Ensure That Black Sea Gas Will Reach Romania First And Only Surplus Will Be Sold
The export of a quantity of natural gas from the Neptun Deep perimeter is part of the business plan of the Neptun Deep project and reflects Romania’s commitment to contributing to European energy security, representatives of Romania's energy ministry said on W...
European Commission Approves EUR126M State Aid Scheme For investments In Romania’s Ports
The European Commission has approved a EUR126 million Romanian scheme to support investments in ports facing increased trade flows after Russia’s war against Ukraine.
Transgaz: Black Sea Gas Won’t Be Enough For Romania’s Needs
In one of his rare public appearances, Ion Sterian, chief executive officer of Transgaz (TGN.RO), the national natural gas transmission company, says that the Black Sea will not turn Romania...
BSOG Starts Authorization Process For First Offshore Energy Corridor In Romanian Sector Of Black Sea
Black Sea Oil & Gas (BSOG), whose owner is US giant Carlyle, has announced the start of the authorization process for an offshore energy corridor in the Romanian sector of the Black Sea alon...
ROMGAZ And SOCAR Plan To Build Liquefied Natural Gas Plant At The Black Sea
Romanian natural gas producer and supplier ROMGAZ (SNG.RO) on Wednesday (Oct 19) concluded a Memorandum of Understanding with SOCAR, the state-run oil company of the Republic of Azerbaijan,...
Developers Bet on South of Romania’s Black Sea Coast
After years of Mamaia and Navodari resorts being on the investors' list, with more than 50,000 apartments and hotel rooms built in recent years, now the focus of developers tends to shift to...
Romgaz Borrows EUR325M From Raiffeisen Bank To Partly Fund Acquisition Of Exxon's Stake In Black Sea Gas Project
Romanian natural gas producer and supplier Romgaz (SNG.RO) said on Wednesday that it signed a bank loan agreement with Raiffeisen Bank in the amount of EUR325 million which covers a part of...
Romania, Biggest Wheat Exporter at Black Sea and in EU
Romania exported 4 million tons of wheat of the 2021 harvest, namely over 35%, by late December 2021, thus ranking first among wheat exporters in the Black Sea area and in the EU, according...
OMV Petrom Invests Nearly EUR32M In New Drilling Campaign In The Black Sea
OMV Petrom, the largest energy company in Southeastern Europe, initiated a new offshore drilling campaign in the shallow waters of the Istria block in the Black Sea. The first drilling opera...