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Hungary: MOL and O&GD begin production from new Galgaheviz oil well

Hungarian energy company MOL, in partnership with Dutch-owned O&GD, has started production from a new oil discovery near Galgaheviz at a depth of approximately...

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...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...