Power Markets

Romania: OPCOM reports decrease...

In April 2025, the average price of electricity on the day-ahead market of...

Croatia: CROPEX reports decrease...

In April 2025, a total of 982,941.6 MWh of electricity was traded on...

Low hydropower reserves and...

Southeastern Europe is heading into the summer season with concerningly low water levels...

Slovenia: Households paid below-average...

Slovenian households benefited from significantly lower electricity prices last year compared to the...
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Region: Moldova signs long-term gas supply deal with Romania’s OMV Petrom

Moldova’s state-owned energy company Energocom has signed a landmark three-year agreement with Romanian oil and gas company OMV Petrom for the purchase of natural...

Romania: OMV Petrom sees 24% profit drop in Q1 2025, eyes record investment year

OMV Petrom, Romania’s leading oil and gas company, reported a 24% year-on-year drop in net profit for the first quarter of 2025, totaling €220.9...

Romania: OMV Petrom and CE Oltenia launch major solar projects to power 410,000 Romanian homes

Romania’s largest energy company, OMV Petrom, has signed contracts with the state-owned energy company CE Oltenia for the development of four large-scale solar parks...

Romania: OMV Petrom and Romgaz advance Neptun Deep project with new exploration well

OMV Petrom and Romgaz, partners in the Neptun Deep offshore gas project, are preparing to drill a new exploration well as part of their...

Romania: OMV Petrom and Romgaz begin drilling at Neptun Deep

OMV Petrom and Romgaz have started drilling the first well in the Neptun Deep block, 160 kilometers offshore in the Black Sea. The project...

Romania: OMV Petrom to supply Cluj International Airport with sustainable aviation fuel in 2025

Romanian oil and gas company OMV Petrom will supply Cluj International Airport with sustainable aviation fuel (SAF) in 2025, supporting efforts to reduce carbon...
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