Black Sea Oil & Gas

The text of the Emergency Ordinance on the 50 bani reduction in the price of fuels has been drafted and as a result of this decrease, Romania will have the lowest price in Europe, after Hungary, the Minister of Energy, Virgil Popescu said…

The first gases extracted from the shallow offshore perimeters Ana and Doina entered the national transport system on Wednesday, Black Sea Oil & Gas announces. The company estimates that the two fields will produce half a billion cubic…

Romania will have a surplus of one billion cubic metres of natural gas next winter coming from the Black Sea, from the area where Black Sea Oil & Gas operates, Energy Minister Virgil Popescu said on Tuesday. "Had Romania had the…

Black Sea Oil & Gas’  pipeline has been inaugurated at Vadu Beach,  Corbu Village, in Constanta county on Thursday, in a ceremony attended by PM Ludovic Orban, Economy minister Virgil Popescu and U.S. Ambassador in Bucharest, Adrian…

Transgaz S.A. CEO, Mr. Ion Sterian, and Black Sea Oil & Gas SRL CEO, Mr. Mark Beacom, have signed on Tuesday in Bucharest the Memorandum of Understanding for the use and development of the gas transmission pipelines network for the…

Black Sea Oil & Gas (BSOG) said it aims to start production at two gas fields off Romania by 2019, becoming the first company to tap the country's vast offshore resources. The Romanian company, controlled by private equity firm…

The company Black Sea Oil & Gas will start the gas production in the Black Sea at the middle of next year, and Romania will become gas exporter, said on Wednesday Niculae Havrileţ, President of the Energy Regulatory Authority (ANRE).…