News

Electricity production decreased by 2 % in August – Slovenia, 27 September 2021

According to the data from the Statistical Office of Republic of Slovenia, country’s net electricity generation in August 2021 decreased by 2 % compared to the same month last year. In August 2021, total net electricity generation in Slovenia reached 1,329 GWh, which is 14 % more than in the prev Full article available for […]

BSOG seeks 15-year extension for its Midia concession – Romania, 28 September 2021

Black Sea Oil & Gas (BSOG) applied to the Romanian National Agency for Mineral Resources (ANRM) for a 15-year extension of its Midia offshore concession agreement concluded with the Romanian state. The period is the maximum allowed for an extension by the legislation in force. The natural gas pro Full article available for subscribers of […]

Romgaz seeks 350 million euros to finance the acquisition of ExxonMobil’s stake in Neptun Deep – Romania, 28 September 2021

Romanian natural gas producer Romgaz is seeking a loan of up to 350 million euros in order to finance the purchase 50 % stake in the Neptun Deep offshore gas project from US company ExxonMobil. According to estimates, Romgaz should pay around 1 billion euros for the 50 % stake in the gas proj Full […]