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.
DS Smith, the producer of packaging solutions, is investing over €14 million in its Romanian production infrastructure.
Romania recorded the most significant increase in industrial electricity costs across the EU during H2 2025, according to data released by Eurostat.
The International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement with Vienna Insurance Group (VIG) to acquire approximately 10% of the shares of Carpathia Pensii, a Romanian private pension company.
New car registrations in Romania increased by 2.7% in April compared to the same period in 2025, while electrified vehicles reported a 26% increase and a 68% market share, according to preliminary data from the Association of Car Producers and Importers (APIA).
Romania's trade deficit fell 9.3% to €7.7 billion in the first three months of 2026, down €792.1 million compared to the same period in 2025, according to data published by the National Institute of Statistics (INS).