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Romania: OMV Petrom closes acquisition of Renovatio Asset Management

Oil and gas company OMV Petrom closed the acquisition of Renovatio Asset Management, owner of the largest charging network for electric vehicles in Romania,...

SEE region: Petrol and its partners to install a high-power charging network

Slovenian Petrol Group and three companies—Allego, Emobility Solutions, and GreenWay—have been selected to facilitate the rollout of charging infrastructure for electric vehicles along key TEN-T...

SEE region: Eldrive secures EUR 40 million loan from EIB for 8,500 EV chargers

European Investment Bank (EIB) has approved Eldrive’s request for a EUR 40 million loan to install 8,472 electric vehicle charging stations in Bulgaria, Lithuania...

Romania: OMV Petrom to invest 1.6 billion euros in 2024

Romanian oil and gas company OMV Petrom plans to invest RON 8 billion (EUR 1.6 billion) in 2024 and in each of the coming...

CEE: OMV Petrom will install more than 400 ultra-fast charging points for electric vehicles

Oil and gas company OMV Petrom signed a European funds contract to develop a network of more than 400 ultra-fast charging points for electric...

Latest news

SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...