Romania: Parapet and Alerion...

Romanian renewable energy engineering company Parapet has signed seven new contracts with Italian...

North Macedonia: Day-ahead power...

In October 2025, electricity trading on North Macedonia’s day-ahead market reached 146,498 MWh,...

Greece: ExxonMobil, Energean and...

A new stage in Greece’s offshore energy exploration has begun as ExxonMobil, Energean,...

Croatia: CROPEX electricity trading...

In October 2025, a total of 1,449,339.1 MWh of electricity was traded on...
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hydrocarbon exploration

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Supported byClarion Owners Engineers
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Bulgaria: BEH plans to acquire up to 20% stake in the Khan Asparuh block in the Black Sea

The Bulgarian Parliament has tasked the Ministry of Energy to conduct negotiations on the terms under which Bulgarian Energy Holding (BEH) would acquire up...

Greece, There will be no new tenders for hydrocarbon licenses

Greek Prime Minister Kyriakos Mitsotakis ruled out the possibility of any new international tender for additional licenses for onshore or offshore hydrocarbon exploration. Reignited hydrocarbon...

Hungary, MOL will invest almost 100 million euros in hydrocarbon exploration activities

Hungarian oil and gas company MOL said that it will invest almost 100 million euros in hydrocarbon exploration activities in Hungary during 2023, after...

Montenegro, Novatek will gradually withdrew from the hydrocarbon exploration project

According to Montenegrin media, the owner of Russian gas company Novatek Leonid Mikhelson said that the company will gradually withdrew from the hydrocarbon exploration...

Greece, ExxonMobil acquired the majority of hydrocarbon exploration rights

ExxonMobil acquired the majority of hydrocarbon exploration rights in the two blocks west and southwest of Crete, following the departure of French TotalEnergies last...

Greece, TotalEnergies announced its decision to withdraw from two hydrocarbon exploration blocks near Crete

French TotalEnergies announced its decision to withdraw from two hydrocarbon exploration blocks near Crete, the block of Western Crete and that of Southwest Crete,...

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...

Montenegro launches geological surveys for strategic HPP Krusevo

Geological surveys for the Krusevo hydropower plant have started, marking the first concrete step in one of Montenegro’s key energy projects. The work follows...
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