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gas exploration

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Greece: ExxonMobil and Helleniq Energy advance seismic research off Crete for gas exploration

A consortium of ExxonMobil and Helleniq Energy has launched the second phase of seismic research at a gas exploration block off the coast of...

Croatia: INA and Vermillion Energy to search for oil and gas

Croatian oil and gas company INA Group and energy producer Vermilion Energy signed a deal to jointly explore oil and gas reserves in the...

Hungary: MVM started gas exploration in the Berettyoujfalu area

Hungarian MVM Group has started natural gas exploration in the Berettyoujfalu. Three wells have already been drilled as part of the natural gas exploration...

Montenegro to launch tender for gas exploration in 2024

Montenegro has the potential to develop new gas projects, and by the end of the year, a public call will be issued for the...

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...

Romania: Romgaz’ offer to ExxonMobil

In early April, Romanian natural gas producer Romgaz has confirmed that it submitted a binding offer to the US company ExxonMobil for the acquisition...

Latest news

Banatski Dvor expansion delays deepen Serbia’s reliance on Hungarian storage

Serbia’s Banatski Dvor underground gas storage expansion is experiencing further slippage, according to project timelines that have moved past the previously targeted end of...

Montenegro extends Sinjajevina wind project timeline to 2030

Montenegro has extended the development timetable for the 112 MW Sinjajevina I wind farm, moving the expected commercial operation target toward 2030. The revised...

Hungary granted temporary EU delay on Serbia gas capacity bundling rules

Hungary has received temporary approval from the European Commission to postpone full implementation of EU gas-capacity rules at its border with Serbia until the...

ADMIE secures equipment for €3.5bn of grid projects through 2029

Greek transmission operator ADMIE has secured equipment for projects worth about €3.5 billion, cutting procurement risk across more than half of its €6 billion...

Federation of Bosnia electricity generation up 15.8% in August as trade falls

Electricity production in the Federation of Bosnia and Herzegovina increased in August compared with August 2025, while both imports and exports declined from year-earlier...