Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5. Black Sea Oil & Gas sets up new...

Black Sea Oil & Gas sets up new company to develop biogas plants in Romania

June 27, 2024

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.    

Read in full - click here
President holds talks with Romania’s parliamentary parties on nominating PM

President Klaus Iohannis is to hold consultations with the parliamentary parties on nominating a candidate for the prime minister job on Sunday, December 22, the Presidential Administration announced. The president, whose mandate has been extended after the

Experience unforgettable entertainment this New Year’s Eve at JW Marriott Bucharest Grand Hotel

Step into 2025 with music, excitement, and unforgettable performances! New Year’s Eve at JW Marriott Bucharest Grand Hotel is not just a celebration – it’s a grand spectacle where world-class entertainment, live music, and vibrant energy come together for a night to remember. This year, we’ve curated a sensational lineup of artists and performers to […]

Ceremonies marking 35 years since Romanian Revolution bring traffic restrictions in Bucharest

The Bucharest Police recently announced that the city will host several commemorative ceremonies marking 35 years since the Romanian Revolution of December 1989, causing traffic restrictions around the city. The restrictions will be in place from Friday to Sunday, December 20-22, 2024.  On Friday, December 20, at around 10:00 AM, a religious/military ceremony with wreath-laying […]

Romanian General Prosecutor seeks harsher punishments for incitement to violence, Legionnaire propaganda

Alex Florența, the General Prosecutor of Romania, said on Friday, December 20, that harsher punishments are needed to combat incitement to violence and Legionnaire propaganda (related to Mișcarea Legionară, a Romanian interwar fascist movement) in public spaces effectively. To that end, the office of the General Prosecutor will propose new measures to combat such phenomena. However, […]

Flight Festival: Timișoara event announces first names in 2025 lineup

Dennis Lloyd, Inna, Damian & Brothers, and Killa Fonic are among the artists who will perform at Flight Festival 2025. The festival is scheduled to take place between June 20 and June 22 at Timișoara’s Banat Village Museum. For three days, the venue “will open its doors for an experience that combines music, nature, and […]

Majority of Romanians believe economic situation will worsen, EY survey shows

Around 67% of Romanians believe that the economic situation will worsen, 7% higher than the previous year, according to the EY Consumer Index Romania 2024. Findings suggest a challenging start of 2025 both economically and politically in Romania. Additionally, in 2024, more than half of respondents (59%) were extremely concerned about conflicts and external wars. […]