A new company focused on the development of biogas plants across Romania, BSOG Energy SRL, has been set up by Black Sea Oil & Gas S.A. (BSOG), together with its shareholders, global investment firm Carlyle and the European Bank for Reconstruction and Development (EBRD), BSOG said in a press release sent on Wednesday.The newly-established BSOG Energy SRL, headquartered in Bucharest, will develop biogas plants nationwide, with each site estimated to have a capacity of at least 15 MW."Biogas plays an important role in the energy transition, eliminating the significant impact of pollution caused by the disposal of organic waste on land and landfills, while at the same time ensuring substantial reductions in greenhouse gas emissions by transforming naturally occurring methane into a usable, domestically produced fuel. Romania has significant potential in the biogas industry, but little development in the field so far. By combining expertise in feedstock, design, procurement and access to green credits and combining this with BSOG's expertise to implement projects in Romania, we believe BSOG Energy is uniquely positioned to create a strong and broad-scale biogas delivery platform in the region. A strong biogas industry in Romania has the potential to increase local zero-carbon gas production, turning agricultural waste into new sources of income for the agricultural sector, as well as helping to create new jobs," said Mark Beacom, CEO of BSOG and Managing Director of BSOG Energy.Basically, biogas results from the industrial processing through anaerobic digestion of agricultural residues and other organic waste such as manure, straw and food waste.Black Sea Oil & Gas S.A, owned by Carlyle and EBRD, is an independent energy company based in Romania, which, as the Holder (70%) and Operator, has put into production the Midia Natural Gas Development (MGD) project, the first of its kind, to develop natural gas from the Romanian Black Sea continental shelf built in the last 30 years.
The Patriarch of the Romanian Orthodox Church, Daniel, congratulated Pope Leo XIV for succeeding Pope Francis on Thursday, May 8. He expressed confidence that the new pope will continue to promote "the spirit of dialogue, peace, and cooperation between the Roman Catholic Church and the Orthodox Church." "In a world facing multiple spiritual, economic, and […]
The organizers of the Untold festival announced they will offer a RON 150 (EUR 30) voucher toward the purchase of a festival pass to anyone who votes on May 18, during the second round of the presidential elections. In an online message, Untold representatives emphasized the connection between civic participation and the future of every […]
The Open Streets program, which sees the city's major arteries close for car traffic and become pedestrian areas, returns this weekend with a program of exhibitions, concerts, and a Festival of Lights. On Saturday, May 10, at 2:00 p.m., the public is invited to the Made in Romania exhibition, which presents a selection of civilian […]
Joseph Stiglitz, the famous economist and professor at Columbia University in New York, and winner of the Nobel Prize in economy in 2001, told an audience in Cluj, Romania, that governments must stimulate exports and key sectors when facing deficits. Stiglitz was in Romania on Thursday, May 8, to receive the title of Doctor Honoris […]
The Constitutional Court unanimously validated on Friday, May 9, the results of the first round of the presidential elections. It also rejected as unfounded a request to annul the elections filed by Sebastian-Constantin Popescu, the presidential candidate of the New Romania Party, it announced. The runoff, set for May 18, will see ultranationalist leader George […]
Bucharest's culinary scene welcomes back OLEA, the JW Marriott Bucharest Grand Hotel's celebrated Mediterranean destination, now reimagined with a fresh concept that blends authentic coastal flavours with contemporary sophistication. Following an extensive transformation, OLEA reopens its doors to offer guests a refined journey through the Mediterranean's sun-drenched culinary traditions, right in the heart of Romania's […]
