Energy markets weekly: Brent,...

During the fourth week of August, Brent oil futures for the Front Month...

Europe: Electricity prices show...

During the fourth week of August, electricity prices in major European markets showed...

European electricity demand trends:...

During the last week of August, electricity demand rose in most major European...

European solar and wind...

During the week of August 25, solar photovoltaic (PV) energy production declined across...
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Bulgaria: Shell’s acquisition of a petrol station approved

The acquisition of a petrol station located in Pazardzhik municipality by fuel retailer Shell Bulgaria previously owned by local company ET Universalstroy was approved...

Romania: Romgaz and ExxonMobil signed exclusivity deal

Romanian state-owned natural gas producer Romgaz said that it has signed an exclusivity agreement related to the negotiations for the acquisition of the 50...

Greece: Decrease of consumption of petroleum products

According to data published by the Hellenic Statistical Authority (ELSTAT), in 2020, consumption of petroleum products fell by 8.1 % year-on-year in Greece, from...

Slovenia: Several non-binding offers for OMV’s fuel network

The Austrian oil company OMV operates the second largest retail fuel network in Slovenia, after Petrol. In February, OMV announced that it would sell...

Montenegro: Lower dividend for 2020 to be distributed at Jugopetrol

Montenegrin oil company Jugopetrol will propose to its shareholders a gross dividend payout from last year’s profit in the amount of 0.3 euros/share, totaling...

Romania: Increased losses at Rompetrol Rafinare in 2020

In 2020, Rompetrol Rafinare, a member company of the KMG International Group, recorded a 220.1 million dollars net loss, compared to a 48.9 million...
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