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hydrocarbon concessions

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Hungary initiates new hydrocarbon concession round for oil and gas exploration

Hungary has announced a new initiative to enhance its upstream energy sector by inviting companies to apply for hydrocarbon concessions in several previously unlicensed...

Hungary opens tenders for hydrocarbon concessions to boost domestic production

The Hungarian Ministry of Energy has announced the launch of tenders for hydrocarbon concessions in eight areas, aiming to increase domestic hydrocarbon production and...

Romania, NIS to build facilities at its hydrocarbon concessions in Romania

Serbian oil company NIS, majority owned by Russian GazpromNeft, published a tender for the preparation and obtaining of the documentation necessary for the construction...

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SEE power markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

Slovenia appoints GEN leadership ahead of Krško 2 nuclear project decisions

New executives at GEN energija and GEN-I Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...