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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....

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...