Power Markets

Romania: OMV Petrom discovers...

OMV Petrom, an oil and gas company, has announced a successful natural gas...

Montenegro: EPCG to keep...

Milutin Đukanović, Chairman of the Board at Montenegro’s power utility EPCG, announced that...

Greece: Variable electricity prices...

In July, the price of variable-rate electricity rose sharply, reaching levels not seen...

Croatia begins environmental review...

Croatia’s Ministry of Environmental Protection and Green Transition has initiated the process to...
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Romania: OMV Petrom discovers commercial natural gas at Spineni site, plans major 2025 investments

OMV Petrom, an oil and gas company, has announced a successful natural gas discovery at its Spineni site, located about 70 kilometers northeast of...

Serbia: Kragujevac launches €44 million citywide gasification project

A new framework agreement valued at 44 million euros has been signed to expand the natural gas infrastructure throughout the city of Kragujevac in...

Dutch gas prices drop over 10% in Week 26 amid Iran-Israel Ceasefire; EU sanctions on Russia stall due to Hungary and Slovakia opposition

Dutch wholesale gas prices dropped more than 10% in Week 26, following news of a ceasefire agreement between Iran and Israel that removed market...

Bulgaria: KEVR approves modest increases in gas, electricity and heating prices

The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 0.6% increase in the wholesale price of natural gas for July 2025....

Region: Romania and Serbia sign MoU to launch cross-border gas interconnection

Romania’s natural gas transmission system operator, Transgaz, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to advance the development...

Europe: Brent oil, TTF gas and CO2 prices decline in late June amid easing Middle East tensions

During the fourth week of June, Brent crude oil futures prices experienced a decline. On Monday, June 23, the price settled at $71.48 per...
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