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.
This article series tells the stories of the 15 finalists selected in the BVB Arena program. BVB Arena is the flagship program of the Bucharest Stock Exchange, dedicated to developing and promoting the Romanian entrepreneurial environment. The program’s goal is to select and promote Romanian companies that have the greatest growth potential and high chances […]
Salt Bank, the first 100% digital Romanian bank built entirely from scratch, has been named by Celent as the 2025 Model Bank for Digital Bank Launch. Celent is one of the world’s most prestigious research and advisory firms focused on technology for financial institutions. By receiving the title of "2025 Model Bank for Digital Bank […]
The 8th edition of the national educational program “Healthy Lifestyle, Diverse Nutrition and an Eco-Responsible Attitude” under the motto “Good for Taste, Good for Health, Good for the Planet!” has concluded. The program was organized by the Taste Celebration Association and funded by the Auchan Foundation with 100,000 euros. The program aims to convey to […]
Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives. The deficit increased compared to the first four months, when it stood at 2.95% of GDP, and remained roughly stable compared to the first five […]
eLog, a Balkan-based provider of reusable transport packaging systems for the retail sector, has entered the Romanian market by leasing 4,000 sqm of warehouse and office space at CTPark Bucharest North. The facility, developed by CTP, will serve as eLog’s first operational hub in Romania, supporting its expansion into local retail logistics. Specializing in Retail […]
More than three-quarters of Romanians (76%) see Artificial Intelligence as an opportunity for the economy and society, although half of them also acknowledge its risks, according to a new RoCoach and Novel Research study. Overall, over one-third of respondents (35.7%) believe that AI will primarily lead to job losses, even if new types of roles […]
