Romania: Parapet and Alerion...

Romanian renewable energy engineering company Parapet has signed seven new contracts with Italian...

North Macedonia: Day-ahead power...

In October 2025, electricity trading on North Macedonia’s day-ahead market reached 146,498 MWh,...

Greece: ExxonMobil, Energean and...

A new stage in Greece’s offshore energy exploration has begun as ExxonMobil, Energean,...

Croatia: CROPEX electricity trading...

In October 2025, a total of 1,449,339.1 MWh of electricity was traded on...
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Bulgaria: Electricity generation reached 2.5 TWh in May

Electricity production in Bulgaria grew by an annual 1.8% in May to 2,563 GWh, but was 19.8% lower than in April, according to the data...

Slovenia: Petrol to propose 1.8 euro/share dividend

Slovenian energy group Petrol will propose the payment of a dividend of 1.80 euro per share on 2023 earnings, up from 0.70 euro paid...

Slovenia: Petrol turns to net profit of 136.6 million euros in 2023

Slovenian energy group Petrol posted a net profit of €137 million in 2023 after reporting a net loss in the previous year. Revenue declined...

Slovenia: Petrol expects 157-million-euro profit in 2024

Petrol's supervisory board approved the business plan for 2024, targeting a net profit of 156.5 million euros in 2024 and revenue of 5.8 billion...

Bulgaria: Burgas refinery could be closed

Lukoil Neftochim Burgas issued a announcement related to an agreement on revoking the derogation granted by the EU Council for the import and processing...

Romania, Plans to temporarily reduce the excise duty on fuels by 50 % were postponed

The plans to temporarily reduce the excise duty on fuels by 50 %, a measure that would have reduced the price by roughly 15...

Serbia: EPS launches €110 million modernization of Vlasina hydropower plants to boost capacity and extend lifespan

Serbia’s state-owned power utility EPS is continuing its hydropower modernization program, following upgrades at the Bajina Bašta, Zvornik, and Đerdap 1 plants. The next...

Montenegro: EPCG completes modernization of Perucica HPP Unit A7, extending lifespan and boosting efficiency

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking a major milestone in...

North Macedonia faces critically low hydropower reserves amid prolonged drought

Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data from state-owned power utility...

Slovenia: Hydropower output drops 24% in first nine months as uneven rainfall impacts generation

Hydropower plants along Slovenia’s main rivers generated 2,962.4 GWh of electricity in the first nine months of the year, a decline of more than...

Montenegro launches geological surveys for strategic HPP Krusevo

Geological surveys for the Krusevo hydropower plant have started, marking the first concrete step in one of Montenegro’s key energy projects. The work follows...
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