Albpetrol, Albania's state-owned oil company, reported a total oil production of 70,248 tons in 2024, marking a 1.9% increase from the previous year. The...
BP, as operator of the Azeri-Chirag-Gunashli (ACG) project, in which Hungarian MOL holds a 9.57% stake, announced the start-up of oil production from the...
Investment firm Alpha Bulgaria will seek shareholder approval to buy up to 200,000 shares in local motor and industrial oil producer Prista Oil Holding...
In Serbia, oil production is carried out at 870 oil wells and 69 gas wells in operation, employing various extraction methods. Additionally, in 2023,...
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...
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...
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...
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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