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Region: OMV launches major Black Sea gas project in Romania after cutoff from Russian supplies

After being cut off from Russian gas supplies since November 16, Austrian energy company OMV is ramping up efforts to develop a major gas...

Romania: Greenpeace sues OMV Petrom, Romgaz over Neptun Deep gas project in Black Sea

International environmental NGO Greenpeace said it is suing authorities and companies involved in the Neptun Deep natural gas exploitation project in Romania's Black Sea...

Romania: OMV Petrom signed a 1.6 billion euro infrastructure deal with Saipem for the Neptun Deep gas project

Oil and gas company OMV Petrom signed a contract worth an estimated 1.6 billion euros with oilfield services company Saipem and its Romanian unit for...

Romania, Certain adoption of a positive investment decision for the Neptun Deep gas block

Making a final positive investment decision for the Neptun Deep gas exploration perimeter, the most important project in the Romanian Black Sea region, seems...

Romania, OMV Petrom enters the development stage of Neptun Deep project

Romanian oil and gas company OMV Petrom submitted a declaration of commercial discovery to the Romanian Mineral Resources Agency (NAMR) regarding the offshore gas...

Romania, BSOG allegedly looking for partners for its Midia gas project

According to Romanian media, Black Sea Oil & Gas (BSOG), the operator of the Midia gas project in the Black Sea, initiated a process...

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SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...