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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Romania: OMV Petrom restarts fuel production at Petrobrazi refinery after planned maintenance

Romania’s top oil and gas company, OMV Petrom, has resumed fuel production at its Petrobrazi refinery near Ploiesti after a scheduled 20-day shutdown. The...

Bulgaria: Lukoil to sell refinery to Qatari-British consortium amid EU sanctions

Russian oil giant Lukoil has announced plans to sell its majority stake in the Lukoil Neftochim Burgas refinery in Bulgaria by the end of...

Romania: OMV Petrom to invest 2 billion euros in Petrobrazi refinery by 2030

OMV Petrom announcer an extensive modernization programme at Petrobrazi refinery in Romania. The estimated investments to produce biofuels, green hydrogen, and other products with low...

Romania: OMV Petrom to invest 750 million euros in biofuel and green hydrogen facilities

OMV Petrom will invest around 750 million euros at Petrobrazi to transform the refinery into the first major producer of sustainable fuels in the...

Serbia: Overhaul of Pancevo oil refinery nearly completed

The overhaul of the NIS Pancevo oil refinery, owned by the oil and gas company NIS, is in its final phase, according to the...

Romania: Rompetrol seeks a partner for a green hydrogen project

Rompetrol Rafinare is seeking a partner to build and operate a green hydrogen plant to decarbonise its Petromidia Refinery. The plant should be located near...

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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