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.
Greek Helleniq Energy Group has purchased two wind projects in Romania and a photovoltaic project in the Bulgarian market as part of an international expansion.
The Board of the National Bank of Romania (BNR) decided on Friday to maintain the monetary policy interest rate at 6.50% per year.
The West Region is opening a new chapter with the signing of an agreement for the first regional investment accelerator, an initiative by the West Regional Development Agency (ADR Vest).
MOL Group reported a profit before tax of $236 million in the second quarter of 2025, marking a 56% year-on-year decrease. The company's performance was impacted by a slowing regional macroeconomic environment.
The Romanian media and entertainment industry is projected to experience constant growth over the next five years, reaching a value of €4.91 billion by 2029.