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Croatia orders HEP gas purchase to secure Okoli storage for 2026–27 winter

The Croatian Government has instructed state-owned utility HEP to buy at least 1.1 billion kWh of natural gas, or about 1.1 TWh, after commercial...

July 2026 natural gas market in Southeast Europe: Supply shock restores gas’s price-setting power

Natural gas returned to the center of Southeast Europe’s power-market risk in July 2026. A sharp increase in European benchmark prices, disruption to Gulf...

Bulgaria Submits National Gas Diversification Strategy to EU

Bulgaria has formally presented its national strategy for diversifying natural gas supplies to the European Commission, a significant step aimed at decreasing reliance on...

The gradual shift in electricity pricing dynamics across Europe

In recent years, the European electricity market has witnessed a significant transformation as the correlation between electricity prices and natural gas costs begins to...

Greece’s Retail Gas Market Maintains Stability Amidst Competitive Landscape in 2025

The Greek natural gas retail market concluded 2025 with market shares reflecting minimal changes from the previous year, despite a backdrop of heightened competition...

Natural Gas in Southeast Europe: Navigating Security, Prices, and Infrastructure Challenges Ahead

As Southeast Europe approaches 2025, the region's energy landscape is increasingly defined by the complexities of natural gas dependency. This critical resource is not...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...