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Southeast Europe’s pumped-storage ambitions face a crucial test: Can Europe deliver strategic energy projects at China’s pace?

Southeast Europe is not suffering from a shortage of energy projects. What the region increasingly lacks is the financial and institutional machinery needed to...

Bulgaria advances Black Sea energy projects and strengthens energy infrastructure

In the coming weeks, Bulgaria will finalize a contract with Shell for exploration and exploitation in the Khan Tervel block of the Black Sea....

Communicating energy projects: Best practices for stakeholder engagement in Serbia

Effective communication is a critical component of successfully implementing energy projects, particularly in a context like Serbia, where multiple stakeholders—including government agencies, local communities,...

Plant engineering, design, permiting, construction, commissioning, operation, role of OE

Plant engineering is a complex discipline encompassing various activities throughout the project lifecycle—from conceptual design and feasibility studies to construction, commissioning and operation. The...

EPC FIDIC contracts, Owners Engineer supervision of works for compliance and quality 

The role of the Owner’s Engineer (OE) in supervising EPC/FIDIC contracts is indeed pivotal for project success. Here's a concise breakdown of the OE’s...

Design, permitting and technical project management for industrial facilities in Serbia, Owners Engineer role

The design, permitting and technical project management of industrial facilities in Serbia involve a structured process guided by national regulations and standards. A key...

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.