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HEREMA

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Greece: HEREMA announces completion of initial hydrocarbon surveys in Crete

The Greek Hydrocarbons and Energy Resources Management Company (HEREMA) has announced the successful completion of the first phase of hydrocarbon surveys conducted by ExxonMobil...

Greece’s natural gas reserves estimated at 680 billion cubic meters

In a significant development, the Hellenic Hydrocarbons and Energy Resources Management Company (HEREMA) has estimated that Greece holds natural gas reserves of approximately 680...

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SEE power markets remain exposed to gas supply risks ahead of winter

Southeast European power markets entered the final part of September with lower electricity demand and sharply reduced gas-fired generation, while exposure to gas supply...

Italy and Croatia see higher LNG inflows as Greek receipts decline

LNG inflows increased in Italy and Croatia during the week to 20 September, adding to imported gas availability as European markets prepared for the...

Croatia’s renewable output plunges as hydro gains fail to offset rising power imports

Croatia recorded a 54.3% decline in variable renewable generation in the week to 20 September, marking one of the steepest drops in the region,...

SEE wind and solar output falls faster than electricity demand

Southeast Europe’s variable renewable electricity generation declined faster than power demand in the week ending 20 September, limiting the downward pressure on electricity prices...

SEE gas-fired power generation drops 13.6% as coal output edges higher

Gas-fired electricity generation across the Southeast European markets covered fell 13.60% in the week ending 20 September, declining at more than twice the rate...