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Romania: Coal production reached nearly 2 million toe in the first nine months

Net coal production in Romania in the first nine months of 2023 reached 1.918 million tons of oil equivalent. That is 16%, or 366,700...

Romania: OMV Petrom – hydrocarbon production dropped to 113.000 barrels/day in Q3

OMV Petrom’s hydrocarbon output dropped to 113.500 barrels of oil equivalent per day in the third quarter of 2023, compared to 117.200 barrels of...

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Serbia drives Southeast European power price decline as renewables narrow regional spreads

Southeast European day-ahead electricity prices fell sharply for Wednesday delivery, as stronger wind and solar generation, improved domestic output and lower import requirements eased...

Bulgaria launches 300 MWh Tesla battery project as energy storage expansion gains momentum

Bulgaria has begun construction of a 300 MWh battery energy-storage facility in Tvarditsa, marking the first stage of a broader investment programme worth more...

Bosnia and Herzegovina: ERS secures new loans as Ugljevik shutdown intensifies financial strain

Bosnia and Herzegovina’s state-owned power utility ERS has secured another €2 million in short-term financing, bringing the total amount of new borrowing arranged within...

Serbia readies €153 million gas interconnector with North Macedonia

Serbia is preparing construction of a new natural-gas interconnector with North Macedonia, adding another southern import route for gas entering Southeast Europe via Greece....

EPCG submits environmental assessment for 37.6 MW Kapino Polje B2 solar plant

Montenegro’s state-owned power utility EPCG has submitted an environmental-impact assessment for its planned 37.6 MW Kapino Polje B2 solar power plant near Nikšić, advancing...