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Romania: Crude oil production declines as imports increase, forecasts show continued dependence on imports

According to data from the Romanian National Institute for Statistics (INS), Romania's crude oil imports in the first eleven months of 2024 totaled 7.418...

Croatia, JANAF is ready to become European oil hub

JANAF is a strategic state company that operates well and is a guarantee of supply security for Croatia and neighboring countries, it was said...

Bulgaria, Half of crude oil processed in Lukoil’s Neftochim refinery in Burgas during 2021 was not Russian

According to head of Bulgaria’s Customs Agency Pavel Gerensky, 50 % of crude oil processed in Lukoil’s Neftochim refinery in Burgas during 2021 was...

Romania, Crude oil production fell by 4 % in the first eleven months of 2021

According to data published by the National Institute of Statistics (INS), in the first eleven months of 2021, Romania produced a total of 2.848 million...

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Serbia drives Southeast European power price decline as renewables narrow regional spreads

Southeast European day-ahead electricity prices fell sharply for Wednesday delivery, as stronger wind and solar generation, improved domestic output and lower import requirements eased...

Bulgaria launches 300 MWh Tesla battery project as energy storage expansion gains momentum

Bulgaria has begun construction of a 300 MWh battery energy-storage facility in Tvarditsa, marking the first stage of a broader investment programme worth more...

Bosnia and Herzegovina: ERS secures new loans as Ugljevik shutdown intensifies financial strain

Bosnia and Herzegovina’s state-owned power utility ERS has secured another €2 million in short-term financing, bringing the total amount of new borrowing arranged within...

Serbia readies €153 million gas interconnector with North Macedonia

Serbia is preparing construction of a new natural-gas interconnector with North Macedonia, adding another southern import route for gas entering Southeast Europe via Greece....

EPCG submits environmental assessment for 37.6 MW Kapino Polje B2 solar plant

Montenegro’s state-owned power utility EPCG has submitted an environmental-impact assessment for its planned 37.6 MW Kapino Polje B2 solar power plant near Nikšić, advancing...