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Croatia: Oil company INA confirms new Northern Adriatic gas reserves boosting domestic production

Croatian oil company INA has confirmed new natural gas reserves in the Northern Adriatic development area, a discovery that could significantly strengthen Croatia’s domestic...

Croatia enters heating season with strong gas reserves and LNG expansion on Krk Island

Croatia is entering the new heating season with stable gas supplies, high storage levels, and the upcoming expansion of its LNG terminal on the...

Hungary: MOL Group expands gas development in Azerbaijan with new agreements

MOL Group and its partners have signed commercial agreements to develop gas reserves in Azerbaijan. As the third-largest shareholder in the Azeri-Chirag-Gunashli (ACG) field,...

Europe: TTF gas futures hits 8-month low

Settlement prices of TTF gas futures in the ICE market for the FrontMonth, in the third week of February continued the downward trend of...

Europe: Maximum weekly gas price reached 35.5 euros/MWh

TTF gas futures in the ICE market for the Front‑Month, on Wednesday, December 27, reached the weekly maximum settlement price, of €35.51/MWh. On Thursday,...

Europe: TTF gas futures reached 44 €/MWh on November 21

As for TTF gas futures in the ICE market for the FrontMonth, they registered their weekly minimum settlement price, €44.06/MWh, on Tuesday, November 21....

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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...