Romania: Parapet and Alerion...

Romanian renewable energy engineering company Parapet has signed seven new contracts with Italian...

North Macedonia: Day-ahead power...

In October 2025, electricity trading on North Macedonia’s day-ahead market reached 146,498 MWh,...

Greece: ExxonMobil, Energean and...

A new stage in Greece’s offshore energy exploration has begun as ExxonMobil, Energean,...

Croatia: CROPEX electricity trading...

In October 2025, a total of 1,449,339.1 MWh of electricity was traded on...
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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...

Serbia: EPS launches €110 million modernization of Vlasina hydropower plants to boost capacity and extend lifespan

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...

Montenegro: EPCG completes modernization of Perucica HPP Unit A7, extending lifespan and boosting efficiency

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...

North Macedonia faces critically low hydropower reserves amid prolonged drought

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...

Slovenia: Hydropower output drops 24% in first nine months as uneven rainfall impacts generation

Hydropower plants along Slovenia’s main rivers generated 2,962.4 GWh of electricity in the first nine months of the year, a decline of more than...

Montenegro launches geological surveys for strategic HPP Krusevo

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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