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.
Romanian director Radu Jude has won the Silver Bear for Best Screenplay for Kontinental '25 at this year's Berlin International Film Festival/ Berlinale. Kontinental '25 is Jude’s third film awarded in Berlinale’s main competition, after Aferim!, which earned...
With nearly 1,300 real estate transactions in 2024, the company tripled its sales volume compared to 2023. The total value of real estate transactions reached EUR 146 million in 2024. There were 114 transactions in January 2025, double the number in January 2024. With a total of almost 1,300 real estate transactions, North Bucharest Investments […]
Forvis Mazars Group, the international audit, tax and advisory services partnership, releases today its annual CEE M&A report, prepared in association with Mergermarket. It reveals that dealmaking in the CEE region suffered a decline in overall deal value, although a marginal rise in deal volume shows the market’s underlying robustness. The Investing in CEE: Inbound […]
With a total of almost 1,300 real estate transactions, North Bucharest Investments (NBI) managed to triple its sales volume compared to 2023, and the total value of transactions reached €146 million in 2024. This amount reflects an increase of 133% compared to the previous year and consolidates the company's leading position on the real estate […]
French president Emmanuel Macron said that Russia manipulated elections in Romania and that the cancellation of last year's presidential elections did not shock him as a result of that intervention. Macron made the comments during a session of questions from users on social media regarding the situation in Ukraine. Over one hour, he...
Romania’s Ministry of Education released the latest edition of the National Metaranking, identifying the top universities in the country. The ranking has undergone minor changes compared to last year’s edition or the last independent metaranking published in the fall by academic experts. The Transilvania University of Brașov has entered the top 5 universities in Romania, […]
