Europe: Gas prices slide...

In Week 30 of 2025, European gas prices declined, with Dutch TTF prices...

Region: Heatwave drives SEE...

In Week 30 of 2025, electricity market prices rose significantly across most Southeast...

Romania: INVL Renewable Energy...

INVL Renewable Energy Fund I, managed by INVL Asset Management and focused on...

Croatia: Summary of Guarantees...

On 29 July, a total of 231,827 Guarantees of Origin (GOs) were sold...
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Tag: oil production

Albania: Albpetrol reports 1.9% increase in oil production for 2024

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...

Hungary: MOL discovers oil in Vesces 

Energy group MOL has drilled a new oil well in Vecses, in central Hungary, to further explore and increase production from the oil field...

Hungary: Oil production from a major offshore platform started

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...

Bulgaria: Alpha Bulgaria to buy additional shares in Prista Oil Holding

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...

Serbia activated 42 new oil wells

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: 42 new oil wells enter operation

Oil production in Serbia is carried out at 870 oil and 69 gas wells in operation, on which various exploitation methods are applied. In addition...
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