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Croatia’s energy legacy and declining production

This year marks the 50th anniversary of the discovery of the Molva gas field, Croatia's most significant energy resource. INA, the national oil company,...

Hungary: MOL initiated natgas production in Kazakhstan

MOL, a part of the international joint venture Ural Oil and Gas LLP, has started producing gas from the well in the Rozhkovsky field...

Romania: Construction activities at Neptun Deep offshore project to start by 2025

OMV Petrom and Romgaz expect the first gas volumes from the Neptune Deep offshore project in the Black Sea to start in 2027 as...

Bulgaria: BEH plans to acquire up to 20% stake in the Khan Asparuh block in the Black Sea

The Bulgarian Parliament has tasked the Ministry of Energy to conduct negotiations on the terms under which Bulgarian Energy Holding (BEH) would acquire up...

Romania, Final investment decision on the Neptun Deep project could be made in mid-2023

CEO of Romanian oil and gas company OMV Petrom Christina Verchere said that the final investment decision on the Neptun Deep project in the...

Slovenia, Ascent expects that the Petisovci gas field in Slovenia will generate revenues in the amount of 100,000 euros per month

UK-based Ascent Resources said that it expects that the two wells at its Petisovci gas field in Slovenia will generate revenues in the amount...

Latest news

SEE power markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

Slovenia appoints GEN leadership ahead of Krško 2 nuclear project decisions

New executives at GEN energija and GEN-I Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...