The company has acquired a 50% stake in Electrocentrale Borzești and additional 18MW assets from Renovatio Group.

Romania's major oil and natural gas producer OMV Petrom announced in a note to investors that it is entering the natural gas ...

An untold number of mines have been laid in the Black Sea during Russia's invasion of Ukraine, and clearing them is slow and ...

The construction of the Neptun Alpha production platform on Saipem’s sites in Indonesia and Italy is progressing according to ...

The Competition Council has authorized the transaction through which OMV Petrom S.A. intends to outsource certain services to the partnership formed by Eugen Trans S.R.L. and Rohrer Oil & Gas Services ...

The development work of Neptun Deep began in 2012 with the first commercial discovery, and at this moment I can say that the project is on schedule, and in 2025 we are ready to start drilling on the ...

In related Romanian news, Simtel has partnered with Monsson to develop, construct and sell 150MW of solar PV and/or hybrid ...

The European Commission has called on authorities in Romania to remove restrictions on the pricing and export of natural gas ...

By Tamas Csonka in Budapest Hungarian state-owned energy company MVM has reached an agreement with German group E.ON to ...

By Iulian Ernst in Bucharest Romanian natural gas group Romgaz, controlled by the state as the majority shareholder, has ...

Down almost 3% for BET, which faces the most severe correction in two years*The titles Antibiotice and Premier Energy entered ...