Latest news

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


Romania's Romgaz to grow gas output by end-2018

Romanian natural gas producer Romgaz will increase its output by the end of the year on the back of stepped-up pumping in the Caragele field, the company said on Wednesday.

read more... 29/11/2018


Romania's Transelectrica to invest 4.1 bln lei (880 mln euro) by 2027

Romanian power grid operator Transelectrica said on Friday it plans to invest 4.1 billion lei ($1 billion/880 million euro) in network development by 2027.

read more... 26/11/2018


BSOG signs gas sales deal with Engie for MGD Project in Black Sea

Black Sea Oil & Gas (BSOG) and its partners have agreed to supply natural gas produced from the Midia Gas Development Project (MGD Project) offshore Romania to Engie.

read more... 21/11/2018


Austria's Verbund Hydro Power sign memo on cooperation

Romanian majority state-owned hydro power producer Hidroelectrica said it has signed a memorandum of cooperation with Austrian utility Verbund Hydro Power.

read more... 25/10/2018