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Romania Designates Five Gas Infrastructure Projects as National Priorities

In a significant move to enhance its role in regional energy transit, Romania has classified five natural gas infrastructure projects as of national importance....

SEE region: Critisc on a new wave of gas projects

CEE Bankwatch Network has strongly criticised the European Commission and international development banks for their support for fossil fuel projects –specifically gas – in...

Romania: Construction activities at Neptun Deep offshore project to start by 2025

OMV Petrom and Romgaz expect the first gas volumes from the Neptune Deep offshore project in the Black Sea to start in 2027 as...

How Poland and Romania are using €4bn in EU funds for gas

Such investments are also questionably compatible with the EU's decarbonisation strategyEU money is driving the energy transition in Europe, especially in countries still heavily...

Romania, BSOG urges authorities to amend solidarity contribution regulations

Black Sea Oil and Gas (BSOG), the company which started producing gas at its Black Sea Midia offshore perimeter in mid-2022, argued that the...

Romania, Romgaz will seek to accelerate the final investment decision for the project

CFO of state-owned natural gas producer Romgaz, the company which recently acquired ExxonMobil’s 50 % stake in Neptun Deep gas project for 1.06 billion...

Latest news

SEE power markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

Slovenia appoints GEN leadership ahead of Krško 2 nuclear project decisions

New executives at GEN energija and GEN-I Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...