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exploration drilling

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Montenegro, Government expects Energean to start exploration activities in 2022

Montenegrin Minister for Capital Investments Mladen Bojanic said that the Government hopes that Greek Energean will start exploration activities within its concession blocks in...

Romania, Explorations in Romania suspended by Serinus Energy

Last month, oil and gas exploration company Serinus Energy said that it has discovered gas during the drilling of the Sancrai-1 well in Satu...

Montenegro: Exploratory drillings in the Adriatic

The exploratory drilling activities at a depth of 6,530 meters, in the sea area between Bar and Ulcinj, some 28 kilometers from the coast...

Update on exploration project of Raiden in Serbia

In central Serbia, roughly 200 kilometres from the capital Belgrade lies the newly optioned project of Raiden Resources which  is divided into two parts,...

Adriatic in Serbia, polymetallic exploration projects in Raska

The UK-based company Adriatic Metals confirmation drilling program in late 2020 focused on extensions of the lens beneath the limit of historic drilling and...

Drilling begins at Kizevak project in Serbia

Tethyan Resource Corp. has commenced drilling, that will be the first significant exploration programme on the recently acquired Kizevak project, since it was explored...

Latest news

Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...