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Serbia readies €175 million World Bank-backed gas network upgrade

Serbia is preparing a gas infrastructure upgrade supported by a €175 million World Bank package. The programme targets ageing pipelines, transmission bottlenecks and storage...

OMV Petrom refining margin rises while upstream output and gas sales fall

Third-quarter refining margin and refinery operating levels OMV Petrom reported a sharp increase in its third-quarter indicator refining margin, with the refining benchmark reaching $41.75...

Mintia gas-fired plant starts turbine testing as commissioning advances

Romania’s Mintia gas-fired power project has entered a further commissioning stage after its first turbine operated on natural gas on October 8. The next...

Europe storage at 72% raises reliance on LNG supply for winter demand

EU inventories and starting position EU gas storage stood at approximately 811 TWh, or 74 billion cubic metres, on October 1, based on figures attributed...

Corfu offshore gas well set for 2027 as ExxonMobil may take operatorship

Planned 2027 exploration well west of Corfu A planned €60–70 million exploration well west of Corfu is scheduled for 2027 to test a potentially large...

DESFA approves 145-km gas pipeline linking Megalopoli to Patra Industrial Area

Greece’s DESFA has approved investment in a 145-km gas pipeline connecting Megalopoli with Patra, extending the national transmission network toward industrial customers in Western...
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