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Brent and TTF gas prices surge on Middle East tensions and energy supply risks

Brent crude oil futures for the front month on the ICE market rose sharply during the third week of July, reaching their highest level...

Oil and Gas Prices Surge Amid Geopolitical Tensions in Late April

In the fourth week of April, the energy markets experienced significant fluctuations, particularly in oil and gas prices, driven by escalating geopolitical tensions. Brent...

Europe: Brent, TTF gas and EU CO2 futures fall amid supply, demand and geopolitical factors

During the second week of August, Brent crude oil Front Month futures on the ICE market remained below $67 per barrel. On August 13,...

Serbia: NIS net profit down by 50%, to 375 million euros in 2023

Serbian oil and gas company recorded a net profit of 44.2 billion dinars (375 million euro) in 2023, and earnings before interest, tax, depreciation...

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Montenegro electricity import bill below €42 million amid Italy interconnector plans

Montenegro has reduced its electricity-import bill to less than €42 million so far in 2026, according to energy officials. The improvement follows spending of...

Renalfa upgrades Devnya solar to 65 MWp with 165 MWh battery storage

Renalfa IPP has expanded its Devnya solar plant in Bulgaria from 5 MWp to 65 MWp and paired the site with a 60 MW/165...

Green Breeze wind farm starts commercial operation in Galați under Apple PPA

Romania has added 99.2 MW of operating wind capacity with the commercial start of the Green Breeze project in Galați. Developer Nala Renewables said...

Serbia power prices rise as regional markets retreat from Tuesday’s spike

Serbia’s day-ahead electricity price rose by €18.2/MWh to €195.99/MWh for Wednesday delivery, moving in the opposite direction to sharp declines across most neighbouring markets...

EMS begins Bajina Bašta 220 kV to 400 kV upgrade for Trans-Balkan Corridor

Serbian transmission system operator EMS has started upgrading the Bajina Bašta substation from 220 kV to 400 kV, supporting the western segment of the...