June 29, 2022

BSOG begins gas production at Romanian offshore perimeter MGD
Jun 29, 2022

BSOG begins gas production at Romanian offshore perimeter MGD.

Black Sea Oil and Gas (BSOG) is extracting natural gas at a rate of 3 mln cubic meters per day - the equivalent of 1 bln cubic meters per year - from the Midia Gas Development (MGD) perimeter in Romania's offshore, the company's CEO Mark Beacom announced. The company hasn't abandoned the (...)

[Read the article in Romania Business Insider]

Romania's Govt. publishes budget revision draft The Ministry of Public Finance published the budget revision draft for public debate on August 11. The general government budget deficit target is maintained at 5.8% of GDP. According to the draft, revenues will be revised upwards by RON 29.94 bln, the expenses by RON 32.59 bln, and the (...)

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Four of Top Ten Automotive Companies in Romania Plan RON1.7B Investments Star Assembly, Pirelli Tyers Romania, Continental Automotive Systems and Dacia Automobile, four of the ten largest players in the automotive sector in the country, are planning investments of more than RON1.7 billion, for which they applied for state aid of RON82 milion to RON185 (...)

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