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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

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,...