Weekly energy market update:...

Brent oil futures for the Front Month on the ICE market reached their...

Europe: Electricity prices stable...

During the fourth week of November, electricity prices in most major European markets...

Europe: Southern demand rises...

During the week of November 24, electricity demand showed a contrasting pattern across...

Europe: Solar production declines...

During the week of November 24, solar photovoltaic (PV) energy production declined in...
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gas production

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Supported byClarion Owners Engineers
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Hungary expands fracking project amid environmental concerns and legal challenges

Hungary has announced an increase in domestic gas production following the declaration of an energy emergency in 2022. This initiative includes shale gas exploration...

Hungary: MVM Group advances domestic gas production with new drilling activities

The Hungarian Ministry of Energy has reported that state-owned MVM Group is drilling its tenth well in the gas fields of eastern Hungary. The...

Croatia: Trial production at two gas fields started

Vermilion Zagreb Exploration, the unit of Vermilion Energy, launched trial gas production in the Berak and Ceric fields in the east of the country,...

Croatia: Trial production at two gas fields started

Vermilion Zagreb Exploration, the unit of Vermilion Energy, launched trial gas production in the Berak and Ceric fields in the east of the country,...

Hungary: MVM started production at new gas field

The MVM Group launched a new natural gas exploration and production investment in the Berettyóújfalu area of Hajdu-Bihar County at the end of last year. As...

Bulgaria: OMV Petrom is looking for a new partner for the Khan Asparuh block

OMV Petrom, which remained the sole operator of the Khan Asparuh exploration project in the Black Sea, is looking for a new partner. This became clear...

Serbia’s renewable surge: How the country is quietly becoming a regional green-power leader

For years, Serbia’s energy landscape appeared frozen in time. Coal dominated generation, hydropower provided stability, and the idea of large-scale renewable deployment felt distant....

Greece moves forward with long-delayed Mesochora hydropower plant

The Greek Ministry of Environment and Energy has confirmed that the long-delayed Mesochora hydropower plant in Trikala will finally advance, bringing an end to...

Bosnia and Herzegovina: Republika Srpska accelerates major hydropower expansion amid untapped potential

The Republic of Srpska (RS) is pressing ahead with a major expansion of its hydropower sector, driven by significant untapped water resources that remain...

Serbia: EPS outlines €2 billion hydropower investment strategy through 2035

Over the next decade, Serbia is expected to see nearly 2 billion euros invested in its hydropower sector, with around 760 million euros planned...

Bosnia and Herzegovina: HPP Visegrad increases monthly production, still below last year’s level

The hydropower plant Visegrad, operated by ERS subsidiary Hidroelektrane na Drini, generated 37.91 GWh of electricity in October 2025. This represents a 31.3 percent...
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