Weekly energy market update:...

Brent oil futures for the Front Month on the ICE market reached their...

Europe: Electricity prices stable...

During the fourth week of November, electricity prices in most major European markets...

Europe: Southern demand rises...

During the week of November 24, electricity demand showed a contrasting pattern across...

Europe: Solar production declines...

During the week of November 24, solar photovoltaic (PV) energy production declined in...
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rompetrol rafinare

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Romania: Rompetrol Rafinare advances Petromidia refinery upgrades, expanding storage capacity by 20%

Rompetrol Rafinare has completed another stage in the modernization and rehabilitation of the tank farm at its Petromidia refinery. This phase included the full...

Romania: Rompetrol Rafinare posts strong H1 2025 performance with higher production and exports

Rompetrol Rafinare reported strong operational and financial performance in the first half of 2025, driven by higher feedstock processing and increased fuel sales both...

Romania: Rompetrol Rafinare reports increased Q1 2025 net loss amid market volatility and seasonal demand drop

Rompetrol Rafinare, part of the KMG International Group, posted a consolidated net loss of $37.3 million in the first quarter of 2025, up from...

Romania: Rompetrol Rafinare reports $66.7 million net loss in 2024 amid operational and market challenges

Rompetrol Rafinare, a member of the KMG International Group, reported a higher consolidated net loss of $66.7 million for the first nine months of...

Romania: Rompetrol Rafinare invests $4 million to enhance efficiency at Petromidia refinery

Rompetrol Rafinare, part of the KMG International Group, is enhancing operational efficiency at the Petromidia refinery with a $4 million investment. The company has...

Rompetrol Rafinare challenges 60% solidarity contribution in Constitutional Court

Rompetrol Rafinare, part of the KMGI Group and operator of the Petromidia and Vega refineries, has received notification from the Constanta Court of Appeal...

Serbia’s renewable surge: How the country is quietly becoming a regional green-power leader

For years, Serbia’s energy landscape appeared frozen in time. Coal dominated generation, hydropower provided stability, and the idea of large-scale renewable deployment felt distant....

Greece moves forward with long-delayed Mesochora hydropower plant

The Greek Ministry of Environment and Energy has confirmed that the long-delayed Mesochora hydropower plant in Trikala will finally advance, bringing an end to...

Bosnia and Herzegovina: Republika Srpska accelerates major hydropower expansion amid untapped potential

The Republic of Srpska (RS) is pressing ahead with a major expansion of its hydropower sector, driven by significant untapped water resources that remain...

Serbia: EPS outlines €2 billion hydropower investment strategy through 2035

Over the next decade, Serbia is expected to see nearly 2 billion euros invested in its hydropower sector, with around 760 million euros planned...

Bosnia and Herzegovina: HPP Visegrad increases monthly production, still below last year’s level

The hydropower plant Visegrad, operated by ERS subsidiary Hidroelektrane na Drini, generated 37.91 GWh of electricity in October 2025. This represents a 31.3 percent...
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