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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

Electricity and carbon costs reshape SEE industrial export economics

Analysis developed by Virtu.Energy Banks financing manufacturers across Southeast Europe increasingly need to assess whether borrowers can preserve their EU export margins after electricity costs, embedded...

ETS and CBAM reshape SEE electricity trade as carbon costs squeeze export margins

Analysis developed by Virtu.Energy Electricity producers, traders and banks across Southeast Europe are facing a growing gap between prices available on neighbouring EU electricity exchanges and...

Croatia amends Electricity Market Act to expand aggregation, grid studies, and connection rights

Croatia’s amended Electricity Market Act entered into force on October 15, 2026, introducing changes that go beyond conventional electricity-market reform. The legislation reshapes the...

Boron One Piskanja boron project valuation rises to €569m in updated assessment

Canadian mining company Boron One Holdings has raised the projected economic value of its Piskanja boron project in southern Serbia to approximately €569 million....

SEE electricity prices surge as wind generation drops and Serbia becomes the region’s most expensive market

Southeast European day-ahead electricity prices rose sharply on Friday, with Serbia emerging as the region’s most expensive market as weaker wind generation, higher cross-border...