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Serbia: Energy-intensive companies seek state support in the decarbonisation process

Companies in Serbia are not afraid of decarbonisation and the European Union’s Carbon Border Adjustment Mechanism (CBAM), but they are worried that the state...

EU: Record reduction in power sector emissions

The European Union saw carbon dioxide emissions from power plants and industrial sites drop a record 15.5 percent last year, the bloc’s executive said.  The...

EU: Bulgaria reduced CO2 emission by 19% in Q3

Bulgaria has achieved an 18.6% reduction in its greenhouse gas emissions during the third quarter of 2023, according to data published by Eurostat. This...

Europe: EC calls on Member States to improve their National Energy and Climate Plans

The Commission has published its assessment of EU Member States' draft National Energy and Climate Plans(NECPs) and issued recommendations to assist Member States in...

Serbian chemical and processing industry, energy efficiency optimization and ESG

Herran.rs analyzes the chemical and processing industry's approach to environmental decarbonization and energy efficiency measures in Serbia, several key areas can be considered: 1. **Greenhouse...

Transforming Waste into Wealth in Serbia: Energy Optimization Projects through Waste-to-Energy Investments

As the world grapples with the dual challenges of increasing energy demand and mounting waste concerns, a paradigm shift is occurring. Waste-to-energy (WtE) investments...

Latest news

BHP moves to end options on eight Serbian exploration licences

BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.

Centerra proposes nearly C$4.1 million for 9.9% Mundoro stake

Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.

Northstone secures commitments for about EUR1.45 million Serbia placement

Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.

European Energy weighs up to 1 GW complex in Bulgaria

European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.

JANAF halts Croatian crude flows after estimated 500 cubic metre spill

Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.