project

The BSOG project – a huge step toward Romania’s energy independence in the natural gas sector. Romania is the only EU country that does...

By rbj The Prime Minister of Romania, Nicolae Ciucă, declared on Tuesday on the occasion of the beginning of the gas production within the Midia natural gas development project, from the Black Sea, that this represents a historical moment, in...

The biggest Romanian investment in the last 30 years: Romgaz’s Board of Directors approved the signing of the contract to buy 50% of ExxonMobil’s...

By rbj The Board of Directors of the S.N.G.N. ROMGAZ SA, on March 22, 2022, approved the conclusion of the sale-purchase contract of all shares issued by (representing 100% of the share capital of) ExxonMobil Exploration and Production Romania Limited...

In Q1 2022, Romgaz Romania signs the contract to take over 50% of Exxon Mobil’s participation in the Neptun Deep offshore gas project on...

By Edwig Ban Sources close to the energy sector inform that the Romanian state gas producer Romgaz (SNG.BX) will pay up to $ 1.07 billion to Exxon Mobil (XOM.N) for the 50% participation in an offshore gas project on the...

Nuclear energy: France vs Germany

By Constantin Radut We have just taken the step towards 2022 and the European Union is facing another major internal dispute. It's about nuclear power. The main protagonists are France, which took over the presidency of the Council on January...

European premiere in nuclear energy: Washington and Bucharest will sign agreement for the placement of 12 small modular reactors in Romania

By Constantin Radut Unexpectedly, the American efforts to eliminate Chinese competitors in the nuclear energy sector from the Romanian market seem to bear fruit. The memorandum between SN Nuclearelectrica and China General Nuclear Power Group (CGN) began in 2015 and...

Romgaz SA and ExxonMobil extend until November 15 the exclusivity period regarding the negotiations related to Neptun Deep

By Edwig Ban Romgaz SA and ExxonMobil have announced that they are extending the exclusivity period from October 15, 2021, until November 15, 2021 regarding the acquisition negotiations related to the Neptun Deep gas exploitation project in the Black Sea,...

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...

ELI-NP Măgurele, the most advanced Nuclear Photonics Research Center in the world

By Andra Beltz Lyncean Technologies (USA) has won the tender for the construction of the second-largest research equipment in the Măgurele/Romania project. This equipment, together with the High Power Laser System, makes the ELI-NP Center the most advanced Center for...

Natural gas from the Black Sea reaches Romania; they will cover 10% of domestic consumption

>>> Transgaz and Black Sea Oil & Gas signed the order to start the works for the takeover of the Black Sea gas By Jerom Bolt The representatives of the national gas carrier, Transgaz, and the American investor, Black Sea Oil...

Romgaz supports the development of the Southern Gas Corridor from Caspian and Middle Eastern regions to Europe

By Edwig Ban Today, in Azerbaijan, the fifth Annual Meeting of the Southen Gas Corridor Advisory Council (SGC Advisory Council) takes place. Romgaz SA Romania will reiterate its support for the development of the Southern Corridor project, but taking into...
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Latest News

ROCA Industry announces that its subsidiary Bico Industries will take over the majority stake in the Lithuanian company SmartTech AG

By rbj ROCA Industry, the holding company that brings together the construction materials companies in the ROCA Investments portfolio, announces...
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Hungarians fear inflation, but also global recession. The opinion of the Central Bank of Budapest. Viktor Orban’s government expects inflation of 20% in 2022

By rbj Inflation could accelerate to around 20 percent in the coming months, said Barnabás Virág, vice president of Bank Magyar Nemzeti. According to the...

The annual inflation rate stagnates. Will the Central Bank succeed in reaching the target for 2022? The BNR missed the inflation target in the...

By rbj The annual inflation rate in July 2022 compared to July 2021 is 15%, slightly decreasing from 15.1%, and compared to December 2021 it...

Topoloveni plum magic, wins another market in Asia, that of Vietnam, through the Discover European Treasures European program

By rbj "Sonimpex Topoloveni continues its presence at international fairs where it promotes the Romanian gastronomic tradition through the "Topoloveni Magiun din prune" Brand. The...

Techcelerator organizes the first SEE Tech Mission at the Web Summit 2022

By rbj Techcelerator, the most active accelerator in Romania for technology start-ups, organizes the first SEE Tech Mission, a group that will gather regional start-ups...