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Fitch Affirms Romgaz at BBB- as Neptun Deep Raises Growth and Debt Risks

Romanian gas producer Romgaz has kept its BBB- rating, with a negative outlook, as expected growth from the Neptun Deep offshore gas development is...

Romania targets Neptun Deep first gas in H1 2027 as execution advances

Romania has narrowed the Neptun Deep first-gas window to the first half of 2027, from a broader timetable previously associated with the €4 billion...

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...

OMV Petrom net profit falls as capex rises for Neptun Deep

OMV Petrom posted net profit of approximately €355 million for the first half of 2026, down 14% versus the same period a year earlier....

OMV Petrom and Romgaz complete Neptun Alpha offshore platform installation

OMV Petrom and Romgaz have finished installing the Neptun Alpha offshore platform, advancing the Neptun Deep Black Sea gas project toward commercial production scheduled...

Latest news

BHP moves to end options on eight Serbian exploration licences

BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.

Centerra proposes nearly C$4.1 million for 9.9% Mundoro stake

Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.

Northstone secures commitments for about EUR1.45 million Serbia placement

Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.

European Energy weighs up to 1 GW complex in Bulgaria

European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.

JANAF halts Croatian crude flows after estimated 500 cubic metre spill

Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.