Europe: Oil, gas and...

Brent crude oil futures for the front-month contract on the ICE market reached...

European power prices rise...

During the first week of November, average electricity prices rose in most major...

Europe: Electricity demand rises...

During the first week of November, electricity demand rose across the main European...

Solar and wind power...

During the week of November 3, solar photovoltaic (PV) production increased across all...
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Supported byClarion Owners Engineers
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Croatia: Successful completion of first exploration phase in SAVA-07 block, hydrocarbon discoveries at all wells

The first phase of exploration in the onshore SAVA-07 block, carried out by Vermilion Zagreb Exploration and INA, has concluded successfully, with hydrocarbon discoveries...

Croatia: Hydrocarbon production stabilizes as investments and infrastructure developments loom

This year, Croatia has halted its declining hydrocarbon production trend. While INA previously supplied 30% of domestic demand five years ago, this has now...

Romania: MOL Group and TPAO forge strategic partnership for hydrocarbon exploration

Hungarian MOL Group has signed a Memorandum of Understanding (MoU) with Turkish Petroleum Corporation (TPAO) to establish a strategic partnership focused on hydrocarbon exploration...

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...

Vermilion announces hydrocarbon discovery in central Croatia

A local subsidiary of Canadian Vermilion Energy has announced the discovery of a commercially viable oil and gas field near Kutina in central Croatia....

Greece: Hydrocarbon exploration licence for Block 2 extended until March 2025

The Hellenic Hydrocarbons and Energy Resources Management Company, has granted a 12-month extension, until March 2025, to a hydrocarbon exploration license held by Energean...

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...

North Macedonia faces critically low hydropower reserves amid prolonged drought

Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data from state-owned power utility...

Slovenia: Hydropower output drops 24% in first nine months as uneven rainfall impacts generation

Hydropower plants along Slovenia’s main rivers generated 2,962.4 GWh of electricity in the first nine months of the year, a decline of more than...
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