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Neptun deep project

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Romania: Romgaz raises €500 million through second bond issue to support Neptun Deep project

Romanian natural gas producer Romgaz has issued a new six-year bond worth 500 million euros with a fixed interest rate, marking its second successful...

Romania: Neptun Deep project surpasses 33% completion, paving the way for energy independence

Romanian Energy Minister Sebastian Burduja has announced that the Neptun Deep project has reached over 33% completion. According to Minister Burduja, the American drilling...

Romania: Romgaz to issue 500 million euro bonds in H1

In the first six months of 2024, Romanian gas company Romgaz plans to launch the first of the two 500 million euro bond issues,...

Romania: OMV Petrom awarded executive agreements for the Neptun Deep project

OMV Petrom, the operator of the Neptun Deep offshore natural gas project in Romania's Black Sea scheduled for starting production in 2027, announced it...

Romania: OMV Petrom signs drilling contract for Neptun Deep project

Romanian oil and gas group OMV Petrom signed a 325 million euro agreement with offshore drilling contractor Transocean for the use of a semi-submersible...

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...

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...