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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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LNG inflows rise across Southern Europe as high gas prices keep Southeast Europe exposed to global markets

Courtesy of Virtu.Energy LNG inflows into Greece and Italy increased sharply in Week 42, as Southeast Europe moved towards the winter period amid elevated gas...

Cross-border electricity flows reshape Southeast Europe’s power market as national trade positions diverge

Courtesy of Virtu.Energy Cross-border electricity flows emerged as one of the defining features of Southeast Europe’s power market in Week 42, as national trading positions...

Coal and lignite gain ground as high gas prices reshape Southeast Europe’s power generation mix

Coal and lignite generation increased across Southeast Europe in Week 42, despite a decline in overall thermal electricity production. The shift highlighted the continued...

European gas prices surge as rising fuel costs increase pressure on Southeast European power markets

European gas prices continued to climb in Week 42, adding to upward pressure on Southeast European electricity markets as the region approached winter with...

SEE renewable output jumps 30% as electricity prices continue to climb

Southeast Europe recorded a significant increase in renewable electricity production in Week 42, driven by a strong recovery in wind generation. However, wholesale electricity...