Black Sea

Romania signs in Istanbul the MoU regarding the establishment of the operative group for combating sea mines in the Black Sea – MCM Black...

Bucharest, January 10, 2024 - #RBJ (Romanian Ministry of Defense press release) - The Minister of National Defense, Angel Tîlvăr, will sign on Thursday, January 11, together with his Turkish and Bulgarian counterparts, the Memorandum of Understanding regarding the...

The commercial exploitation of gas deposits in the Romanian waters of the Black Sea begins in 2027

Bucharest, June 21, 2023 - OMV Petrom and Romgaz S.A. approved the development plan for the Domino and Pelican Sud commercial natural gas fields in the Neptun Deep perimeter, located in the Romanian territorial waters of the Black Sea....

The largest onshore natural gas field in Europe “sleeps” in Romania. The Ministry of Energy shows how incompetent it is in energy policy

By rbj In the context of the European energy crisis, caused in particular by the invasion of Ukraine by the Russian Federation, the way each government manages its resources and harnesses its own potential is a measure of its ability...

Petrom launched a new offshore drilling campaign in the Black Sea

By Jerom Bolt OMV Petrom, the largest energy company in Southeast Europe, has launched a new offshore drilling campaign in shallow waters in the Black Sea, on the Istria perimeter, the company announced on Monday. The first drilling operations started at...

Turkey’s “gas” is making foamy waves in Romania

By Constantin Radut A discovery of natural gas in the Black Sea, announced by Turkey, about three days ago, is making waves in specialized media in Romania. The gas reserve that gas i boasts of discovering in the Black Sea, at...

Romgaz will invest heavily in offshore partnerships in the Black Sea and in renewable energy

By Jerom Bolt The state-owned company Romgaz, one of the two largest gas producers in Romania, has planned investments of 15.69 billion lei by 2025, mostly in partnerships on offshore projects in the Black Sea, writes News.ro. The 2020-2025 development strategy...

BSOG has officially announced the start of the gas extraction from the Romanian Black Sea perimeter in Q1 2021

By Edwig Ban Black Sea Oil and Gas, the only company to make the final investment decision to exploit the Black Sea reserves, maintains its goal of bringing the first gases to shore in 2021. The first gas extraction from the...

Romgaz could take over Exxon’s participation in the Neptun project in the Black Sea

By Edwin Ban The Romanian company Romgaz should consider the opportunity to take over ExxonMobil's participation in the Neptun project in the Black Sea, in case the Americans withdraw, the Minister of Economy, Energy and Business Environment, Virgil Popescu, said...

Lukoil begins the drilling in the Romanian Black Sea for the gas fields

By Edwig Ban After achievement permission from the Romanian authorities, Lukoil, the third investor interested in the Black Sea gas, will start drilling this autumn and will be carried out by a platform of the Italian company Saipem. Italian company Saipem,...

Decisive decision for Romania’s energy future: Black Sea Oil & Gas moves forward with the Midia Gas Development Project

By Emea Riga A release announces the important decision taken by Black Sea Oil & Gas SRL to start the works necessary for the exploitation of natural gas in the Romanian Black Sea territorial waters. The BSOG decision will be followed...
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Romania recorded the largest increase in construction works in 2023

Bucuresti, 10 February, 2024 - # RBJ - In December 2023, compared with November 2023, seasonally adjusted production in...
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SeedBlink launches ESOP Design program to help Romanian entrepreneurs reward their employees through shares

The program is adapted to the specific legal and tax environment in Romania. It is made in collaboration with Mavers Tax Advisory and Andronic...

Algeria is taking the place of Russia, slowly but surely, in the gas supply of Central Europe

Bucharest, February 17, 2024 - # RBJ (photo: Algerian gas pipelines to Italy and Spain) - Last week, the German Vice-Chancellor and Minister of...

Romania-Italy: action plan that will strengthen the relations between the two states to a higher level

Rome, February 15, 2024 - # RBJ (Source: Agerpres) - Romania and Italy are entering a new stage of development of their consolidated strategic...

The Economist Impact Events presents the fourth edition of the Romanian Business & Investment Roundtable Conference in Bucharest, between April 3-4, 2024

Bucharest, 15 February, 2024 - # RBJ - The Economist Impact Events and its official representative for South East Europe, Hazlis & Rivas, together...