Power Markets

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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Region: OMV launches major Black Sea gas project in Romania after cutoff from Russian supplies

After being cut off from Russian gas supplies since November 16, Austrian energy company OMV is ramping up efforts to develop a major gas...

Slovenia: Shell completed the takeover of petrol stations from MOL

The Slovenian subsidiary of Hungarian company MOL completed the sale of 39 petrol stations to Shell. MOL Slovenia announced that the handover of petrol...

Romania: OMV Petrom recorded a 192 million euros profit in the first six months

Oil and gas company OMV Petrom, part of OMV Group, recorded a net profit of 191.5 million euros in the first half of 2023. That is...

Slovenia: MOL completed the acquisition of OMV Slovenia

  Hungarian oil and gas company MOL has concluded the transaction of acquiring a stake in the Slovenian subsidiary of the Austrian OMV. As a...

Oil companies in Southeastern Europe accelerate renewable energy investments

INA, OMV Petrom, Motor Oil and MOL have all revealed progress in green energy investments and projects no more than a couple of days...

Slovenia: Shell will take over petrol stations from MOL by October

  Shell Adria is expected to take over 39 petrol stations from the Hungarian oil and gas company MOL in October. The petrol stations are...

Latest news

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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