Latest news

EBRD to fund project that links South Gas Corridor with Western Europe

The European Bank for Reconstruction and Development (EBRD) is offering 60 million euros as a loan for the development of a new gas pipeline between Romania, Bulgaria, Hungary and Austria (BRUA).

read more... 26/02/2018


Trust acquired Romanian wind farm

Transeastern Power Trust has finalized the purchase of the 45MW OMV wind farm in Romania.

read more... 02/01/2018


Romania will build a waste petroleum recycling facility

Romanian Green Oil and Lubes firm will have a recycling plant for waste lubricant oil. The $56 million project aims to transform oil waste into base oils so it might be reutilized in the automotive and industrial field. The 73,000 metric-tonne recycling site will be constructed in southern region of Romania, on Danube’s shore.

read more... 08/12/2017


Prospex Oil and Gas discovers gas in Romanian reservoirs and might launch production in Q2 2018

Prospex Oil and Gas based in the UK declared it has made a finding at its Bainet-1 well on the Suceava concession in Romania and might launch exploration in the second quarter of 2018, as announced by the operator of the well, Raffles Energy.

read more... 28/11/2017


252 chargers for electric vehicles until 2020 will be provided within NEXT-E project

NEXT-E project will supply 222 fast (50 kW) and 30 ultra-fast (150-350 kW) chargers for electric vehicles for Czech Republic, Slovakia, Hungary, Slovenia, Croatia and Romania by the end of 2020, as reported by Balkan Green Energy News.

read more... 20/11/2017