Power Markets

Romania: Cernavoda Unit 2...

Unit 2 of Romania’s sole nuclear power plant, Cernavoda, was brought back online...

Montenegro: Major renewable energy...

Two significant renewable energy projects are progressing in the village of Korita, located...

Bulgaria: Solaris Holding launches...

Solaris Holding, a joint venture between Bulgarian-German solar developer Sunotec and Eurohold Bulgaria,...

Bosnia and Herzegovina: Electricity...

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) reached 512...
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Tag: fossil fuels

Slovenia will fully regulate its fuel prices

Prices of fuel sold along motorways and expressways have been deregulated since 2016, as has the price of heating oil and premium petrol regardless...

Romania: Dacian Petroleum agreed to buy 40 OMV Petrom’s oil and gas production fields

Dacian Petroleum company was founded by Ion Popa, former General Manager of Petrom prior to privatization, together with three former top executives of the...

Romania: Decreasing of fuel consumption in 2020

Due to the coronavirus pandemic, fuel consumption in Romania will fall by 10% this year, and demand will not return to pre-pandemic levels earlier...

Kazakh-Romanian fund investing in petrochemical sector

The fund will invest 43 million dollars in the construction of a deparaffining plant on the petrochemical platform of the Petromidia refinery.The Kazakh-Romanian investment...

Greece: Coronavirus crisis decreased fuel demand

Due to coronavirus outbreak, the most pessimistic forecasts for fuel demand is confirmed by market data for March. This is off course in the...

Region: EIB proposes to end funding of fossil fuel projects

  The European Investment Bank (EIB) is suggesting ending loans to fossil fuel projects by the end of next year, as part of the European...
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