OMV Petrom and Romgaz have started construction of the offshore pipeline for the Neptun Deep project, marking progress in Romania's largest natural gas development.
Romania's Energy Minister Bogdan Ivan announced that discussions with operators about removing gas price caps began in September to prepare multiple scenarios and prevent sudden price increases after March 31 2026.
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.
OMV Petrom and state-owned gas producer Romgaz have announced the initiation of drilling for the first gas production well in the Neptun Deep project.
OMV Petrom has finalized a transaction with NewMed Energy Balkan to advance exploration in the Han Asparuh offshore block in Bulgaria.
Romanian consumers are becoming increasingly pessimistic about the country's economic and political outlook while continuing to prioritise spending and aggressively seek value, according to the latest Consumer Sentiment Survey by Boston Consulting Group (BCG).
Romanians spent €63 million in cinemas in 2025, a record level for the local market, reflecting a 7% increase compared with 2024, while the number of admissions remained stable at 11.2 million, according to data from the Romanian Film Center analysed by Cushman & Wakefield Echinox.
The EU unemployment rate rose slightly to 6.0% in 2025, up from 5.9% in 2024, according to new data covering people aged 15-74 in the labour force, according to Eurostat.
Romania's National Commission for Strategy and Prognosis (CNSP) has cut its 2026 economic growth forecast by 0.9 percentage points to just 0.1%, down from the previous 1% projection, citing current macroeconomic conditions.
Enexus, a renewable energy development and construction company, entered 2026 with 210 MW under active construction across Romania, while securing an additional 195 MW pipeline with an estimated value of approximately €150 million.