Weekly energy market update:...

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

Europe: Electricity prices stable...

During the fourth week of November, electricity prices in most major European markets...

Europe: Southern demand rises...

During the week of November 24, electricity demand showed a contrasting pattern across...

Europe: Solar production declines...

During the week of November 24, solar photovoltaic (PV) energy production declined in...
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hydrocarbon production

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Supported byClarion Owners Engineers
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Croatia: Electricity and hydrocarbon production in December 2024

According to the short-term energy statistics published by the Croatian Bureau of Statistics, net electricity production in Croatia for December 2024 reached 1,509 GWh,...

Romania: Romgaz’s hydrocarbon production rises by 4.6% in H1 2024

In the first half of 2024, Romanian natural gas producer Romgaz reported a total hydrocarbon production of 16.12 million barrels of oil equivalent, marking...

Romania: OMV Petrom’s net profit declines by 61% in 2023

Romanian oil and gas company OMV Petrom announced that its net profit fell by 61% in 2023 compared to the previous year, to 4.03...

Hungary: MOL agreed levels of hydrocarbon extraction for 2023 and 2024

Oil and gas company MOL has signed an authority contract with the Hungarian state that sets minimum levels of hydrocarbon extraction in Hungary for five categories...

Romania: OMV Petrom – hydrocarbon production dropped to 113.000 barrels/day in Q3

OMV Petrom’s hydrocarbon output dropped to 113.500 barrels of oil equivalent per day in the third quarter of 2023, compared to 117.200 barrels of...

Romania, Romgaz: Hydrocarbon output decreased by 5% in H1

Natural gas producer Romgaz said that its total hydrocarbon production decreased by 5.3% in the first six months compared to the same period in...

Serbia’s renewable surge: How the country is quietly becoming a regional green-power leader

For years, Serbia’s energy landscape appeared frozen in time. Coal dominated generation, hydropower provided stability, and the idea of large-scale renewable deployment felt distant....

Greece moves forward with long-delayed Mesochora hydropower plant

The Greek Ministry of Environment and Energy has confirmed that the long-delayed Mesochora hydropower plant in Trikala will finally advance, bringing an end to...

Bosnia and Herzegovina: Republika Srpska accelerates major hydropower expansion amid untapped potential

The Republic of Srpska (RS) is pressing ahead with a major expansion of its hydropower sector, driven by significant untapped water resources that remain...

Serbia: EPS outlines €2 billion hydropower investment strategy through 2035

Over the next decade, Serbia is expected to see nearly 2 billion euros invested in its hydropower sector, with around 760 million euros planned...

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...
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