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Serbia: Belgrade launches geothermal drilling programme for district heating

Belgrade district-heating utility Beogradske Elektrane has launched a tender for exploratory geothermal drilling at its New Belgrade and Miljakovac heating plants, marking a move...

Serbia: EBRD supports the introduction of RES in district heating

Serbian Minister of Finance Sinisa Mali and Minister of Mining and Energy Dubravka Djedovic Handanović have signed agreements that complete the financing for the...

Hungary plans to double geothermal energy use 

Hungary aims to double the amount of geothermal energy in its energy use by 2030 and the government is offering state-subsidised loans to mitigate...

Bulgaria: Acquisition of Sofia Heating Utility’s Debts to Bulgargaz, Bulgarian Energy Holding suspended

Bulgarian caretaker government has annulled a decree and decisions with which the State, acting through the Energy Minister, was to acquire debts of Toplofikatsia Sofia to...

Serbia: Ten cities to turn to renewable energy for district heating

Through a project worth 40.5 million euros, ten towns and municipalities will switch to the use of renewable energy sources in their district heating...

Montenegro, EPCG signed contract on the construction of district heating system in Pljevlja

Montenegrin state-owned power utility EPCG signed a contract with the Public Works Administration on the construction of district heating system in the city of...

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.