The European Investment Bank (EIB) has pledged up to EUR 30 million to support the development of one of Romania’s largest ...

BAKU, Azerbaijan, March 14. The European Investment Bank (EIB) is committing up to 30 million euros to Romania’s Pestera II ...

On a frigid morning on the Black Sea the sun is glaring into the quiet navigation room of the massive semi-submersible drilling rig Transocean Barents, anchored in Romania's Constanta port.

EIB commits €30 million to onshore wind farm in eastern Romania near Black SeaSupport co-finances “Pestera II” project alongside funds managed by Copenhagen Infrastructure PartnersSite near city of ...

It says the mine could have come from Ukraine. Romania also said a mine was found off its Black Sea coast. Turkey on Monday said a second mine which could have come from Ukraine was discovered near ...

Expro, a provider of energy services has been awarded major contracts from OMV Petrom, totalling more than US$10 million for ...

Azerbaijan and Georgia are asking the European Commission to grant special status to a Black Sea power line project that ...

By Andrew Higgins Calin Georgescu, an ultranationalist candidate who won the first round of Romania’s abruptly ... and has a large air base near the Black Sea that is used by the U.S. military.