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Europe: Average CO2 emission rights futures price reached 85.3 euros/t in 2023

As for CO2 emission rights futures prices in the EEX market for the December reference contract, they increased in 2023 compared to the previous...

SEE region: Janaf signed new oil transport contract with NIS

Croatian oil pipeline operator Janaf has extended an agrement for crude oil transportation with Serbian oil and gas company NIS for an additional two...

Procurement and Contract Management: Key Responsibilities of an Owner’s Engineer

Procurement and contract management are crucial elements of project execution, and an owner’s engineer plays a significant role in overseeing these processes. Owners.engineer examines the importance of...

SEE region: EPS blames Rudnik Pljevlja for the termination of the coal supply contract

The contract between EPS and the Montenegrin coal mine was terminated because the company from Pljevlja did not deliver the promissory note, the means...

Romania: Candu Energy signed a USD 575 mln contract for works and equipment at NPP Cernavoda

Nuclearelectrica, the operator of nuclear plant Cernavoda, announced that it awarded to Candu Energy, an AtkinsRéalis company, and Canadian Commercial Corporation (CCC), a federal...

North Macedonia: Nomgas and DESFA signed supervision contract for gas interconnection

Macedonian natural gas transmission company Nomagas has signed a contract with its Greek counterpart DESFA for the supervision of the construction of the Macedonian...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...