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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

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...