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OMV Petrom, Romgaz kick off Neptun Deep pipeline construction
Energy

OMV Petrom, Romgaz kick off Neptun Deep pipeline construction

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. The 160-km pipeline will transport gas from offshore production platforms to shore.

Energy

Trade associations: New Romanian grid connection rules may slow green investments

The Romanian Wind Energy Association (RWEA) and the Romanian Photovoltaic Industry Association (RPIA) warn that proposed changes to the Grid Connection Regulation could increase energy prices and create economic ripple effects, including job losses and reduced local budget revenues due to slower investment in new production capacity.

Economy

Romanian leu hits new historic low against euro

The Romanian leu depreciated on Thursday against the euro, which was calculated by the National Bank of Romania (BNR) at RON 5.1417, up 0.8% from the previous rate, recording a new historic low for the local currency.

Energy

PPC blue secures EU funding for EV chargers

PPC and PPC blue Romania have secured €3.42 million in European funding through the Connecting Europe Facility (CEF) for installing fast charging stations across Romania and Greece.