Power Markets

Romania: Alerion Clean Power...

Italian renewable energy company Alerion Clean Power has obtained €18.5 million in financing...

Hungary: Holcim commissions 28.5...

A new solar power plant with an installed capacity of approximately 28.5 megawatts...

Greece: Uncertainty grows around...

The future of the major submarine electricity interconnection between Crete and Cyprus, known...

Bulgaria postpones electricity market...

The planned liberalization of Bulgaria's electricity market for household consumers has been postponed...
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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: Romgaz increases contract value to speed up completion of TPP Iernut gas-fired unit

Romanian natural gas producer Romgaz has agreed to increase the value of its contract with Spain's struggling company Duro Felguera by an additional 2...

Region: Romgaz expanding into Moldova and boosting investments in energy and gas projects

Romgaz is planning to expand its operations into Moldova by establishing a subsidiary in Chisinau focused on natural gas sales via pipelines. The new...

Romania: Romgaz plans modest 2% dividend yield for 2024

Romanian natural gas producer Romgaz is set to distribute dividends for 2024 with a yield of only 2%. The company’s Board of Directors has...

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: Romgaz reports 14.48% net profit increase in 2024 amid removal of solidarity contribution

In 2024, Romanian natural gas producer Romgaz recorded a consolidated net profit of approximately 645 million euros, reflecting a 14.48% increase (about 82 million...
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