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Romania: Premier Energy completes acquisition of CEZ Vanzare

Premier Energy, one of the biggest suppliers and distributors of natural gas in Romania, has completed the acquisition of electricity supply firm CEZ Vanzare...

Romania: CEZ Group will be rebranded as the EVRYO Group

The CEZ Group in Romania has announced a rebranding process through which it will become the EVRYO Group. The new identity “highlights the Group’s...

Romania: Premier Energy to list its shares at the Bucharest Exchange

Premier Energy, a supplier and distributor of natural gas in Romania owned by Emma Capital, has picked Citi Group and Wood & Company Financial...

Romania: Engie and Premier Energy in a race to buy energy supplier from Macquarie

The Australian investment fund Macquarie Asset Management is reportedly seeking to sell the electricity and natural gas supply company in southern Romania, which it...

Bulgaria: Electrohold Trade and Billa signed green energy PPA

Electrohold Trade, a branch of Eurohold Bulgaria, has signed a long-term power purchase agreement (PPA) to supply green electricity to supermarket chain Billa Bulgaria....

Romania: CEZ started the construction of a floating solar power plant

TMK Hydroenergy Power, a part of CEZ Romania, together with Innovation Norway, has started the construction of the first floating solar power plant in...

Latest news

BHP moves to end options on eight Serbian exploration licences

BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.

Centerra proposes nearly C$4.1 million for 9.9% Mundoro stake

Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.

Northstone secures commitments for about EUR1.45 million Serbia placement

Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.

European Energy weighs up to 1 GW complex in Bulgaria

European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.

JANAF halts Croatian crude flows after estimated 500 cubic metre spill

Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.