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Romgaz Reports Increased Q1 Profit Amid Production and Revenue Declines

In the first quarter of 2026, Romanian natural gas producer Romgaz demonstrated a resilient financial performance, reporting a consolidated net profit of approximately €186.8...

Romgaz Reports €656.8 Million Net Profit for 2025

In a notable financial performance, Romania's state-controlled natural gas producer Romgaz achieved a consolidated net profit of approximately €656.8 million for the year ending...

Romanian Government Extends Public Funding for Iernut Gas Power Plant Project

Romgaz, a prominent natural gas producer in Romania, has secured an extension for public funding to advance the construction of the Iernut combined-cycle gas...

Romania grants OMV Petrom and Romgaz two-year extension for Neptun Deep exploration

Romania has granted OMV Petrom and Romgaz a two-year extension for exploration activities in the Neptun Deep offshore block, moving the deadline to November...

Romania: Romgaz posts strong nine-month results with 73% profit surge

Romanian natural gas producer Romgaz reported consolidated earnings of 480 million euros for the January–September 2025 period, an increase of 7 percent compared with...

Romania: Romgaz reports slight output growth but sharp drop in power generation in first nine months of 2025

Romanian natural gas producer Romgaz recorded a modest increase in total hydrocarbon production during the first nine months of 2025, reaching 23.96 million barrels...

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...