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Romania: Bilfinger secures key engineering projects with Black Sea Oil & Gas for offshore gas development

Bilfinger, a leading global industrial services provider, has secured a series of engineering projects through a framework agreement with Black Sea Oil & Gas...

Romania: Romgaz raises €500 million through FX bond issue to fund Neptun Deep offshore gas project

Romanian state-controlled natural gas producer Romgaz has successfully raised €500 million through a foreign currency (FX) senior unsecured bond with a 5-year maturity. The...

Romania, OMV Petrom is reportedly interested in the Midia Gas Development project offshore Black Sea

The largest Romanian oil and gas company OMV Petrom is reportedly interested in the Midia Gas Development (MGD) project offshore Black Sea, operated by...

Romania, Romgaz signs 1 billion-euro contract to take over Neptune Deep project from Exxon

Romanian natural gas producer Romgaz announced on Tuesday that it has signed a deal to buy a 50% stake in ExxonMobil in the offshore...

Romania, Romgaz acquired 50 % stake in Neptun Deep perimeter

Romanian natural gas producer Romgaz has signed the contract for the acquisition of ExxonMobil’s 50 % stake in the Black Sea Neptun Deep perimeter...

Romania, Romgaz has approved the acquisition of 50 % stake in the Black Sea Neptun Deep

The Board of Directors of Romanian state-owned natural gas producer Romgaz has approved the acquisition of 50 % stake in the Black Sea Neptun...

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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,...