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Romania: Petromidia refinery started general overhaul

Rompetrol Rafinare started the general overhaul of its Petromidia Navodari refinery, scheduled to be completed on April 26. The project aims to maintain, recertify and...

Romania, Rompetrol Rafinare recorded a net profit in the amount of 90.3 million dollars in 2022

Rompetrol Rafinare, a member company of the KMG International Group, recorded a net profit in the amount of 90.3 million dollars in 2022, compared...

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EU proposal could transform green certificate and CBAM electricity trade in Western Balkans

A European Commission proposal to recognise renewable Guarantees of Origin from Energy Community countries could increase the commercial value of Western Balkan renewable electricity,...

EPS opens renewable M&A channel for Serbian wind, solar and hybrid projects

Serbia’s state-owned power utility EPS has opened a formal channel to acquire or partner with privately developed renewable energy projects of at least 50...

EU moves to open green certificate market to Western Balkan renewable generators

The European Commission has proposed mutual recognition of renewable Guarantees of Origin (GOs) between the European Union and the Energy Community, a move that...

World Bank-backed €50 million programme targets district heating in Pljevlja

Pljevlja transition programme and heating measures Montenegro is preparing an approximately €50 million World Bank-backed investment programme for Pljevlja. The effort targets district heating, cleaner...

Romania delays Cernavodă restart amid Danube drought, extending nuclear outage

Romania is unlikely to restart either reactor at the Cernavodă nuclear plant for at least another 10 days, pushing recovery beyond mid-September. The delay...