Power Markets

Europe: Gas prices hit...

Following the August 15 meeting between Donald Trump and Vladimir Putin, and Trump’s...

Region: Electricity prices drop...

In Week 34 of 2025, electricity market prices declined across most South East...

Romania: End of price...

Electricity bills for July and part of August 2025 in Romania are significantly...

Bosnia and Herzegovina sees...

According to the Agency for Statistics of Bosnia and Herzegovina (BiH), gross electricity...
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Tag: oil well

Hungary: New oil well in Somogysamson boosts energy output

A significant breakthrough in Hungary’s energy sector has come from Somogysamson, located in the southwest of the country, where a newly operational oil well...

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...

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...

Romania, Serious Energy plans to drill the first well in late June or early July

Oil and gas exploration company Serinus Energy said that it is ahead of schedule with its exploration drilling program in Satu Mare and plans...

Romania: Serinus Energy spudded Moftinu-1008 well in Satu Mare onshore perimeter

Last October, oil and gas exploration company Serinus Energy announced that it was granted a 12-month extension for exploratory works in Satu Mare onshore...
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