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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Romania will amend the offshore hydrocarbon law after the parliamentary elections

The offshore hydrocarbon law, which poses as the greatest obstacle for further investments in the Black Sea gas projects, will be amended after the...

Croatian hydrocarbon exploration agreements signed

Three agreements on onshore oil and gas exploration and production sharing, in line with a recent decision of the Croatian Government were signed by...

Croatia: Hydrocarbon exploration revenues estimated up to 3 million euros

It is estimated that in 2020, the revenues from exploratory activities will amount to some 3 million euros. These include contracting fees of around...

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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