Oil major OMV Petrom is progressing with its Neptun Deep development project, expecting first gas production in 2027 with estimated investments of up to €4 billion.
Oil major OMV Petrom and NewMed Energy Balkan have signed a rig contract for drilling two offshore exploration wells in the Bulgarian Black Sea.
Oil major OMV Petrom has announced a significant natural gas discovery in Spineni, approximately 70 km north-east of Craiova, southern Romania.
OMV Petrom has finalized a transaction with NewMed Energy Balkan to advance exploration in the Han Asparuh offshore block in Bulgaria.
Romania's consolidated general budget recorded a deficit of RON 121.77 billion (€23.90 billion), equivalent to 6.40% of GDP, in the first eleven months of 2025, down 0.74 percentage points from 7.15% in the same period of 2024.
A company from the PPC Romania group will construct a natural gas power plant with a capacity of approximately 100 MW on Valea Terovei, on the site of the former UCC - Uzina Cocso Chimică platform in Reșița.
Romanian business managers across key sectors forecast a moderate decline in economic activity for December 2025 to February 2026, according to the latest survey from the INS.
Romanian businesses are facing increased exposure to fiscal and operational risks as customs controls intensify across Europe and nationally, according to EY Romania experts.
State-owned power producer Hidroelectrica has convened an Extraordinary General Meeting of Shareholders (EGMS) for 27 January 2026 to approve a strategic partnership with EDF.