Black Sea Oil & Gas, a company controlled by the American investment fund Carlyle, gives up the arbitration process against the Romanian state regarding...
Romanian Prime Minister Marcel Ciolacu has informed Austrian OMV Group and its local subsidiary OMV Petrom that the Neptun Deep offshore gas project should proceed based...
Alfred Stern, CEO of OMV Group, parent company of OMV Petrom, will negotiate with the representatives of the Romanian Government the modification of the Offshore...
The Romanian Chamber of Deputies endorsed the amendments to the Offshore Law that were expected for years to unlock the several gas investment projects...
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...
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...
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...
Geological surveys for the Krusevo hydropower plant have started, marking the first concrete step in one of Montenegro’s key energy projects. The work follows...
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