OMV Petrom's Petrobrazi refinery in Romania operated above 98% utilisation in the first nine months of 2026 and at 100% in the third quarter. High throughput supports Romanian fuel supply and positions the refinery to benefit from strong product margins.
The Republika Srpska government has agreed to guarantee another €34.8 million of borrowing for ERS and its subsidiaries, taking their financing activity in 2026 above €100 million. The funding includes €9.2 million for RiTE Ugljevik, which the government says will support capital investment.
The EU’s definitive CBAM regime, in force since 1 January 2026, requires importers to account for emissions embedded in covered electricity and surrender certificates. Power origin, customs treatment and contract terms will determine how obligations and related costs are handled across Southeast European trades.
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Southeast Europe’s gas market is entering autumn under renewed price pressure, with European benchmark prices moving above €70/MWh after a strong summer rally driven...
Southeast Europe’s gas market is developing competing northbound supply corridors from the Adriatic and Aegean seas, expanding the region’s access to liquefied natural gas...
Gas is returning to the Southeast European investment agenda, but its role is changing.
The strongest August developments were centred on supply diversification, infrastructure and...
Albania’s LNG agreement shows how gas markets can be created through contracts before physical demand fully exists. The 20-year, $6bn deal between AKTOR LNG USA and ALBGAZ, linked to Venture...
The Balkan gas market is no longer organised around a single diversification narrative. It is becoming a corridor competition. The region now has several...
BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.
Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.
Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.
European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.
Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.