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gas supply agreement

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Azerbaijan and Hungary sign gas supply deal allowing up to 800 million cubic meters over two years

Azerbaijan’s SOCAR and Hungary’s MVM ONEnergy have finalized a new gas supply agreement, enabling Hungary to receive up to 800 million cubic meters of...

Serbia secures Russian gas supply extension amidst regional energy challenges

The current gas supply agreement between Serbia and Russia is due to expire this week, but an annex to the existing contract has been...

Serbia and Russia move closer to finalizing new gas supply agreement

Following official discussions between the Presidents of Serbia and Russia in Moscow, representatives from Srbijagas and Gazprom have resumed negotiations to finalize a new...

Russia and Serbia poised to extend gas supply agreement ahead of expiration

Anton Kobyakov, aide to the President of Russia, has announced that the current gas supply agreement between Russia and Serbia could be extended by...

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Europe: Brent prices recover on Middle East developments as gas and CO2 markets stay steady

Front-month Brent crude oil futures on the ICE market recorded a weekly low settlement price of $99.25/bbl on Tuesday, September 22, following five consecutive...

Europe: Power prices climb across major markets amid lower wind generation

Weekly average electricity prices increased across most major European electricity markets during the fourth week of September, with Italy the only market to record...

Europe: Electricity demand declines across major markets amid cooler temperatures

Electricity demand declined across most major European power markets during the week of September 21 compared with the previous week. Italy recorded the largest...

Europe: Solar output rises as wind generation falls across major power markets

Solar photovoltaic generation increased across most of Europe’s major electricity markets during the week of September 21 compared with the previous week. Germany recorded...

Serbia’s day-ahead power prices surge as Southeast European markets diverge

Day-ahead electricity prices in Serbia rose by €47.20/MWh to €150.18/MWh for October 1, as Hungary, Romania and northern Balkan markets recorded significant increases, while...