Romania's National Energy Regulatory Authority (ANRE) has granted the establishment authorization for the upstream supply pipelines essential for natural gas production.
Oil major OMV Petrom and NewMed Energy Balkan have signed a rig contract for drilling two offshore exploration wells in the Bulgarian Black Sea.
Cargo traffic through the Port of Constanța dropped by over 27% in Q1 2025, while traffic via the Danube-Black Sea Canal was approximately 40% lower compared to the same period last year.
Romania's Ministry of Energy is aiming to commission a study on the potential of offshore wind projects in the Black Sea and is looking to receive feedback from the industry.
Romania and Turkey have signed their first memorandum in the energy field to improve energy security, renewable energy investments, and enhance regional infrastructure.
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.
Accor group expands its portfolio in Romania with the signing of a new franchise agreement with Paradis Hotels & Resorts for the conversion of the Dana Holiday Club.
Romania's GDP increased by 0.3% on the unadjusted series and 1.5% on the seasonally adjusted series in the first six months of the year, compared to the first half of 2024.
Romania is set to establish its first national AI infrastructure through a joint project launched by the National Institute for Research and Development in Informatics.
The European Investment Bank (EIB) has granted a €25 million loan to Patria Bank to support Romanian small and medium-sized enterprises (SMEs) and Mid-Caps.
Rețele Electrice Romania, part of the PPC group in Romania, is investing approximately RON 70 million (€14 million) to upgrade Bucharest's electricity distribution infrastructure.
Visual Fan's Allview Energy division has completed a 1.96 MWp photovoltaic park project at the Cacica Salt Mine in Pârteștii de Jos, Suceava County.