Power Markets

Europe: Brent oil, TTF...

During the fourth week of June, Brent crude oil futures prices experienced a...

Europe: Electricity prices fall...

In the fourth week of June, average electricity prices declined across most major...

Europe: Electricity demand rises...

During the week of June 23, electricity demand rose across most major European...

Solar and wind energy...

During the week of June 23, solar photovoltaic (PV) energy production rose in...
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Tag: oil and gas company

Serbia plans coordination body to address potential US sanctions on NIS due to Russian ownership

The United States is considering imposing sanctions on Serbia’s oil and gas industry, specifically targeting NIS (Naftna Industrija Srbije), due to its significant Russian...

Hungary: MOL Group reports Q3 2024 profit decline

Hungarian oil and gas company MOL Group reported a profit before tax of 503 million dollars for the third quarter of 2024, marking a...

Romania: OMV Petrom reports nearly tripled profit in H1 2024

Romanian oil and gas company OMV Petrom, part of the Austrian OMV Group, achieved a net profit of 528 million euros in the first...

Romania: OMV Petrom closes acquisition of Renovatio Asset Management

Oil and gas company OMV Petrom closed the acquisition of Renovatio Asset Management, owner of the largest charging network for electric vehicles in Romania,...

Romania: OMV Petrom to invest a record 1.6 billion euros in 2024

Romanian oil and gas company OMV Petrom announces the distribution of record basic dividends of approximately 2.6 billion lei (522 million euros) for the...

Hungary: MOL to pay 0.63 euros/share dividend 

Shareholders of oil and gas company MOL approved the payment of a dividend of around HUF 250 (0.63 euros) per share at an annual...
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