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Romania designates Black Sea offshore wind zones totaling 3.1 GW

Designated areas for early offshore wind development Romania has identified three Black Sea areas that together could accommodate around 3.1 GW of offshore wind. The...

Romania’s Black Sea plan links Neptun Deep gas with offshore wind expansion

Black Sea offshore hub for gas, wind and maritime activities Romania’s Black Sea strategy is expanding into a combined gas, wind and energy security hub....

The Black Sea becomes Romania’s combined gas, wind and energy-security frontier

Romania's energy strategy in the Black Sea is evolving beyond the development of a single resource. The offshore region is now expected to accommodate...

Ukraine and Romania Discuss Potential Black Sea Gas Collaboration

Preliminary discussions are taking place between Ukraine’s Naftogaz and Romania’s OMV Petrom regarding a potential partnership focused on gas exploration in the Black Sea....

Bulgaria threatens to withdraw from Black Sea submarine cable project without direct national connection

State-owned Bulgarian Energy Holding (BEH) has expressed concerns about the Black Sea submarine cable project, warning that Bulgaria may withdraw unless the planned underwater...

Bulgaria: Shell wins permit to explore for oil and gas in Black Sea exclusive economic zone

Shell Exploration and Production, a subsidiary of Shell, is set to begin exploring for oil and natural gas in Block 1-26 Khan Tervel, located...

Latest news

Hungary leads SEE power-price surge as lower wind tightens Monday market

Hungarian electricity prices for Monday delivery surged as weekday demand recovered and wind generation declined, creating a high-price zone across Central Europe and widening...

HSE construction permit for 1.38-MW solar and 1.25-MW/5-MWh battery in Zagorje ob Savi

Slovenian power utility HSE has secured a construction permit for a solar and battery project at the former Kamnolom Zagorje municipal landfill in Zagorje...

OMV Petrom to add 20-MW/40-MWh battery at Ișalnița solar site

OMV Petrom plans to add a 20-MW/40-MWh battery to its Ișalnița solar project in Romania, converting the development into a hybrid renewable generation and...

DRI refinances €50.6 million bridge facility for 60-MW Ruginoasa wind farm

Renewable energy developer DRI has refinanced a €50.6 million senior construction bridge facility for its 60-MW Ruginoasa wind farm in northeastern Romania. The refinancing...

GREGY Greece-Egypt interconnector moves into detailed engineering and financing phase

The GREGY electricity interconnector between Egypt and Greece has entered a more advanced preparation stage, with engineering, environmental and seabed studies progressing alongside financing...