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Bulgaria: The EC approved 142-million-euro state aid for energy companies

The European Commission has approved a 278 million lev (142 million euros) in state aid for Bulgarian energy companies. In a statement, the Commission said...

Romania: EBRD bought a minority share package in Premier Energy

Energy company Premier Energy started trading on the Bucharest Stock Exchange after an initial public offering that valued the company at 2.4 billion RON...

Slovenia: Petrol shareholders approve 1.8 euro per share dividend

Slovenian energy group said that its shareholders have approved a gross dividend payment of 1.8 euro per share, scheduled for August 2, up from...

Montenegro: Energy companies to apply artificial intelligence

The Electric Power Company of Montenegro (EPCG), the Montenegrin Electric Transmission System (CGES) and the Montenegrin Electric Distribution System (CEDIS) have signed a cooperation...

Montenegro: Energy companies to apply artificial intelligence

The Electric Power Company of Montenegro (EPCG), the Montenegrin Electric Transmission System (CGES) and the Montenegrin Electric Distribution System (CEDIS) have signed a cooperation...

Montenegro: Energy companies to apply artificial intelligence

The Electric Power Company of Montenegro (EPCG), the Montenegrin Electric Transmission System (CGES) and the Montenegrin Electric Distribution System (CEDIS) have signed a cooperation...

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.