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Motor Oil and Mercuria MoU supports Dioryga Gas FSRU progress in Greece

A partnership between Motor Oil and Mercuria Energy is expected to accelerate progress toward the final investment decision (FID) for the planned Dioryga Gas...

Greece: Dioryga Gas highlights need for new LNG terminal amid potential disruption of Russian gas supply

Dioryga Gas, a subsidiary of Motor Oil, has raised concerns during a public consultation on the natural gas transmission system operator DESFA’s ten-year development...

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Serbia, Montenegro power prices climb as Hungary-Germany spread narrows

Electricity prices in Serbia and Montenegro rose sharply for Tuesday delivery, moving against declines in Hungary and Romania as southeastern Europe’s reliance on imports...

Slovenia restarts Sostanj unit 5 to meet district heating demand

Slovenia’s Sostanj thermal power plant has temporarily restarted unit 5 as colder weather increases district heating demand. Unit 6 remains under maintenance while unit...

E.ON Hungaria €625 million grid programme targets 2,323 MW connection capacity

E.ON is planning a €625 million expansion of its Hungarian grid. Separately, E.ON Hungaria is outlining a €625 million network investment programme aimed at...

Greek variable power tariffs rise as wholesale costs lift fixed-price push

Green tariff increases in October Greece’s household electricity market saw higher variable pricing in October as wholesale costs moved up. The average variable “green” tariff...

VESS launches €15 million solar module plant in Kardzhali with 1 GW capacity

VESS Group has opened a solar module factory in Kardzhali, Bulgaria, investing approximately €15 million in a facility with annual production capacity of 1...