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Montenegro: Electricity production reached 4 TWh in 2023 

Electricity generation in Montenegro rose by 25% in 2023, compared to the previous year, to 4,043 GWh, according to the Ministry of Energy. In the...

Romania: Electricity production reached 39 TWh in first eight months

Electricity production in Romania reached 38.79 TWh in the first eight months of 2023, which is 4% more compared to the same period in 2022,...

Montenegro: The average electricity bill – 27.7 euros in September

The average September bill for electricity for Montenegrin households, excluding unread metering points in buildings that are not permanently inhabited, amounts to 27.68 euros,...

Bulgaria: Electricity production reached 30.4 TWh in the first nine months

Electricity production in Bulgaria in the period between 1 January and 1 October 2023 has decreased by 21% compared to same period in 2022,...

Romania: Electricity production reached 34.5 TWh in first seven months

Electricity consumption in Romania in January - july period amounted to 28.6 TWh, which is 7% less compared to same period in 2022. Industrial electricity...

Serbia: Zijin plans to build 300 MW solar power plant

Zijin Mining, the operator of copper mine near Bor, plans to build solar power plants with total capacity of 300 MW in order to...

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.