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Kazakhstan and Hungary finalize oil volume deal, but pricing talks delay first shipments

Kazakhstan's national oil company KazMunayGaz and Hungary's MOL Group have agreed on the volume of Kazakh oil to be delivered by pipeline to Budapest,...

Romania: OMV Petrom sold its Kazakhstan assets

OMV Petrom - largest Romanian oil and gas company entered the Upstream sector in Kazakhstan in 1998. All fields are located in the Mangistau...

Romania: KazMunayGas’ IPO scheduled for 2022

Kazakhstan plans to launch an initial public offering (IPO) of national oil company KazMunayGaz in 2022, after abandoning previous plans to list the company...

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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,...