OMV Petrom sees lower hydrocarbon production in Q4 2025
OMV Petrom has released its trading update for Q4 2025, revealing a period defined by improved refining performance and strategic adjustments following the extension of production licenses.
OMV Petrom has released its trading update for Q4 2025, revealing a period defined by improved refining performance and strategic adjustments following the extension of production licenses.
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.
Romanian state-owned gas company Romgaz has signed an addendum extending the financing contract for its combined cycle power plant project in Iernut until June 2027.
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.
PeliPartners assisted Second Foundation in acquiring stakes in energy storage projects with a combined capacity of approximately 150 MW in southern Romania.
Fitch Ratings has affirmed its Long-Term Issuer Default Rating of BBB- with a negative outlook for Romanian state-owned nuclear power company Nuclearelectrica.
Romanian energy construction group Grup EM began trading on the Bucharest Stock Exchange's AeRO market, raising €5 million through its IPO.
TotalEnergies Marketing Romania has announced the appointment of Franck Bagouet as Managing Director of TotalEnergies Marketing Romania and Managing Director Automotive Southeast Europe Hub TotalEnergies Marketing.
Vlasceanu & Partners has advised Econergy on a €40.5 million project financing from UniCredit Bank for the development of an 87 MW photovoltaic project in Oradea, Romania.
Companies and local authorities will have over €1.5 billion in grants available for investment in energy and energy efficiency at the beginning of next year.
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.
Nearly half of Romanians would invest in battery storage systems for green energy if they received government subsidies, according to a study conducted for despre-energie.ro, a project by E.ON and Delgaz Grid companies.
Despite 68% of Romanians claiming familiarity with sustainability, only a quarter consistently use it in daily decisions.
Although heat pump technology for heating and cooling is increasingly present in public discussions, the actual level of knowledge and usage remains low in Romania, according to research conducted for the despre-energie.ro platform, a project by E.ON and Delgaz Grid companies.
Rețele Electrice Romania, part of the PPC group, has launched a procurement procedure for modernising medium and low voltage networks in Bocșa, Caraș-Severin county. The project, worth over RON 198 million (€40 million) excluding VAT, will benefit approximately 17,000 inhabitants and is co-financed through the Modernisation Fund.
Rețele Electrice Romania has begun implementing a new advanced automated distribution management system (AADMS).
Premier Energy has acquired a 100% stake in a 200 MW battery storage system development near Iași, Romania. The ready-to-build project has a capacity of 400 MWh.
Romanian engineering group Simtel Team has commissioned its photovoltaic park in Giurgiu, Romania's largest solar park built on degraded land. The facility has an installed capacity of 52 MWp and an estimated annual production of approximately 73 GWh.
Hagag has diversified its operations in Romania by entering the energy sector through the acquisition of BTD Distribuție și Furnizare, a Romanian company specialising in natural gas infrastructure development, distribution, and supply.
The National Energy Regulatory Authority (ANRE) has approved the National Natural Gas Transmission System (SNT) Development Plan for 2024–2033, updated for 2025.

The Romanian government has approved a critical emergency ordinance to maintain capped natural gas prices for household consumers
Only a quarter of Romanian CEOs expect their company revenues to grow in 2026, marking the lowest percentage in five years.
Robert Anghel has taken over leadership of Salt Bank, replacing Gabriela Nistor remains close to Salt as a Board Member.
Romania's Ministry of Finance approved state aid worth €1.85 billion by the end of 2025, supporting total investments of over €4.2 billion and contributing to the creation of more than 36,000 jobs.
PPC Group and Metlen will establish a 50-50 joint venture for developing, constructing and operating Battery Energy Storage System (BESS) projects of up to 1,500 MW / 3,000 MWh.