Latest news

Black Sea Oil & Gas gets Romania gas project permit but frets over new taxes

Romanian-based Black Sea Oil & Gas received a construction permit from the country’s energy ministry on Friday for an offshore gas project, but it said new taxes could make it hard to go ahead with the development.

read more... 05/02/2019


Romania’s Transgaz gets EUR 138 mln loans from EIB for key pipeline projects

Romania’s natural gas transport company Transgaz announced on January 25 that it sealed the documents for a EUR 100 million loan from the European Investment Bank (EIB) for bringing Black Sea offshore gas to the BRUA (Bulgaria-Romania-Hungary-Austria) pipeline and the national gas system.

read more... 29/01/2019


Engie takes over Gazprom’s Wirom gas distribution network in Romania

The French energy group Engie will take full control over the Wirom Gas distribution firm that is currently controlled by Gazprom (51.1%) with the rest of 48.8% shares held by Engie.

read more... 21/01/2019


Importers hike the price of Russian gas in Romania

WIEE, a company that imports Russian natural gas to Romania, notified its customers about a 2% price hike effective January 1, 2019, local reported.

read more... 15/01/2019


Transgaz gets EUR 50 million EIB loan to build a new pipeline for Black Sea gas

The European Investment Bank (EIB) will award EUR 50 million to finance a new pipeline to connect Romania’s natural gas resources in the Black Sea shore with the national gas transport network as well as the BRUA corridor, according to a statement by the Economy Ministry.

read more... 18/12/2018