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Romania: Romgaz’s 500 million euros bond issue scheduled for September

The inaugural bond issue of Romanian natural gas company Romgaz of 500 million euros is scheduled for September, Răzvan Popescu, the CEO of the...

Romania: Romgaz plans vertical integration with power and gas supply operations

The management of Romanian natural gas company Romgaz will ask for shareholders’ approval for taking steps towards buying a natural gas and electricity supplier,...

Romania: Romgaz posts net profit of 563 million euros in 2023

Romanian gas company Romgaz announces a net profit of 2.8 billion lei (562,8 million euros) for 2023, a 10.4 percent growth compared to 2022,...

Romania: Romgaz to issue 500 million euro bonds in H1

In the first six months of 2024, Romanian gas company Romgaz plans to launch the first of the two 500 million euro bond issues,...

Greece: DEPA Commercial to launch tender for 495 MW solar power plants

Greek gas company DEPA Commercial plans to announce, by the end of the year, a tender for the design, procurement and development of its...

Romania: Serinus Energy’s gas discovery

During the drilling of the Sancrai-1 well in Satu Mare perimeter in Romania, oil and gas exploration company Serinus Energy has discovered gas. The statement...

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SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...