Europe: Brent oil rebounds,...

Brent crude oil futures for the Front Month on the ICE market reached...

Europe: Electricity prices fall...

During the second week of November, average electricity prices fell in most major...

Europe: Electricity demand rises...

During the week of November 10, electricity demand rose in most major European...

Europe: Solar output falls,...

During the week of November 10, solar photovoltaic production declined across all major...
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Region: Washington rejects request for exemption from U.S. sanctions on Russian oil industry

U.S. President Donald Trump has revealed that Hungarian Prime Minister Viktor Orbán personally requested an exemption from the newly imposed U.S. sanctions targeting Russia’s...

Hungary: MOL resumes fuel production at Százhalombatta refinery following fire incident

Fuel production has resumed at MOL’s Százhalombatta refinery, operating at reduced capacity as the company gradually brings back online units unaffected by the recent...

MOL refinery fire under control as Hungary assesses impact on fuel supply

Hungarian oil and gas company MOL announced that it has started restarting unaffected units at its Danube refinery after a major overnight fire. Fire...

Region: Hungary’s MOL to boost oil supplies to Serbia amid U.S. sanctions

Hungarian Foreign Minister Peter Szijjarto announced that MOL will increase crude oil and fuel supplies to Serbia following U.S. sanctions on the Serbian oil...

Region: MOL and JANAF hold constructive talks on ensuring reliable crude oil supply to Central Europe

Following negotiations with representatives of the Croatian oil pipeline operator JANAF, Hungarian energy group MOL reported that the meeting was constructive and focused on...

Hungary: HUPX electricity prices rise 27% in September 2025, trading volumes decline

The average price of electricity on the day-ahead market of the Hungarian energy exchange HUPX reached 101.93 euros per MWh in September 2025, marking...

Bosnia and Herzegovina: HPP Visegrad increases monthly production, still below last year’s level

The hydropower plant Visegrad, operated by ERS subsidiary Hidroelektrane na Drini, generated 37.91 GWh of electricity in October 2025. This represents a 31.3 percent...

Slovenia: Government reports progress on 28 MW Mokrice hydropower plant

The National Assembly expects the Government to accelerate development of the Mokrice hydropower plant and to submit progress reports every three months. The Government...

Bosnia and Herzegovina: Breakthrough achieved on 13-kilometer headrace tunnel for HPP Dabar, one of the largest in Europe

A ceremony marked the completion of the breakthrough phase of the headrace tunnel for Hydropower Plant (HPP) Dabar, one of the largest hydraulic tunnels...

Serbia: EPS launches €110 million modernization of Vlasina hydropower plants to boost capacity and extend lifespan

Serbia’s state-owned power utility EPS is continuing its hydropower modernization program, following upgrades at the Bajina Bašta, Zvornik, and Đerdap 1 plants. The next...

Montenegro: EPCG completes modernization of Perucica HPP Unit A7, extending lifespan and boosting efficiency

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking a major milestone in...
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