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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...

Serbia-Romania gas interconnection becomes Serbia’s most important trading hedge

Serbia’s future gas optionality may depend increasingly on Romania. The planned Serbia-Romania gas interconnection is more than a diversification project. It could become Belgrade’s...

Romania’s Neptun Deep could reprice Balkan gas spreads after 2027

Romania’s Neptun Deep project has the potential to become the most important new pricing factor in Balkan gas trading after 2027. Developed by OMV Petrom and Romgaz, the Black Sea...

Latest news

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...