08.25.2021

The European Bank for Reconstruction and Development (EBRD) has become, starting August 25, 2021, a shareholder with a 25% interest in the share capital of gas transmission company Vestmoldtransgaz, more

05.03.2019

Romania's natural gas transmission company Transgaz (TGN.RO) has obtained the right to start works on the Black Sea - Podisor Pipeline that will receive gas from the Black Sea. more

02.25.2019

Romania's state-owned natural gas transmission company Transgaz will build an 85 km gas pipeline to connect the local transmission grid to that of neighboring Serbia, according to a draft government more

09.28.2018

Eurotransgaz, the Moldovan subisidiary of Romania's natural gas transmission company Transgaz, will announce on Friday a tender to award the construction works for Ungheni (Romania)-Chisinau (Moldova) more

05.31.2016

Romania and Bulgaria will build a back-up natural gas pipeline under the Danube river, which will become operational in the upcoming months, according to Bulgartrangaz, cited by Novinite.com. more

01.26.2016

Romanian natural gas transmission company Transgaz (TGN.RO) on Tuesday said it will use its profit and several loans, which it is currently negotiating with banks, to finance 60% of the construction more

01.19.2016

The European Union has assigned EUR179.3 million for the development of the Romanian section of a natural gas pipeline connecting Bulgaria to Austria, while transiting Romania and Hungary. more

05.21.2015

The natural gas pipeline connecting Iasi in Romania to Ungheni in the Republic of Moldova will be extended to Onesti in Romania and the Moldovan capital Chisinau. more

02.26.2015

Extending the gas pipeline connecting Iasi in eastern Romania to Ungheni in the Republic of Moldova all the way to the Moldovan capital Chisinau will cost EUR110 million to EUR150 million, depending more

12.31.2014

Romania has a natural gas pipeline network of about 53,600 kilometers, which includes the transmission network operated by Transgaz (TGN.RO) and the distribution networks, the biggest of which managed more

11.19.2014

Oil companies from U.S. to Russia have rushed to the Black Sea lured by the prospective deepwater hydrocarbon deposits and the promising results of the surveys and drills did not go unnoticed by more

08.25.2014

The natural gas pipeline linking the Romanian city of Iasi to Ungheni in the neighboring Republic of Moldova will be operational as of Wednesday, August 27. more

08.13.2014

Black Sea gas could reach other countries, as well, OMV Petrom (SNP.RO) chief executive officer Mariana Gheorghe says. more

03.26.2014

The natural gas pipeline linking Romania to neighboring Bulgaria will likely be operational in June, one year later than initially expected, Bulgaria’s Energy Minister Dragomir Stoynev said more

03.03.2014

After the failure of the Nabucco pipeline project, Romania needs to turn to another source of natural gas, which is closer to home. more

04.29.2013

A joint venture possibly between oil-company OMV Petrom (SNP.RO), U.S. giant ExxonMobil and natural gas transporter Transgaz (TGN.RO) might build a pipeline to bring onshore the natural gas Romania more

11.02.2011

Condmag Brasov (COMI.RO) will build a gas pipe worth 27.2 million lei (EUR6.2 million) for state-owned gas transporter Transgaz (TGN.RO). more

07.05.2011

Gabriel Comanescu, owner of offshore drilling company Grup Servicii Petroliere (GSP) and one of the most low-profile Romanian businesspeople, has completed the construction of the around $270 million more

05.25.2011

Natural gas exports from Romania to Hungary will be technically feasible in two or three years at the earliest, though the government has pledged to do everything in its power for domestic producers more