MOL has made a significant oil discovery near Somogysamson in western Hungary. Exploration drilling, conducted in December 2024 at a depth of 1,250 meters,...
The Vecses oil field, located near Budapest, has exceeded expectations, making a significant contribution to Hungary’s oil production. To date, the field has produced...
Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...
New executives at GEN energija and GEN-I
Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...
European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in...
Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...