In the coming weeks, the Romanian Government plans to finalize a series of fiscal tightening measures aimed at reducing the budget deficit.
Key components of the package include a 10% increase in fuel excise duties and a rise in the...
OMV Petrom, an oil and gas company, has announced a successful natural gas discovery at its Spineni site, located about 70 kilometers northeast of Craiova in southwestern Romania.
The Spineni-1 exploration well was drilled to a depth of approximately 4,800...
Milutin Đukanović, Chairman of the Board at Montenegro’s power utility EPCG, announced that retail electricity prices will remain stable through the end of the year. However, the company plans to review its discount policy, ensuring that households with monthly...
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