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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...

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SEE power markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

Slovenia appoints GEN leadership ahead of Krško 2 nuclear project decisions

New executives at GEN energija and GEN-I Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...