Serbia’s state-owned utility EPS and Azerbaijan’s SOCAR have formalized a cooperation framework for a planned power plant in Niš. The agreement sets out the...
The potential acquisition of Naftna Industrija Srbije (NIS) by the State Oil Company of Azerbaijan Republic (SOCAR) represents a significant turning point in the...
Azerbaijan’s SOCAR and Hungary’s MVM ONEnergy have finalized a new gas supply agreement, enabling Hungary to receive up to 800 million cubic meters of...
According to media reports, Turkish conglomerate Cengiz Holding and Azerbaijan’s state-owned energy company SOCAR are moving forward with plans to acquire Lukoil’s Neftochim Burgas...
Southeast Europe’s electricity market is entering autumn with an increasingly divided price structure, as abundant solar generation pushes daytime prices toward zero while evening...
Southeast Europe’s gas market is entering autumn under renewed price pressure, with European benchmark prices moving above €70/MWh after a strong summer rally driven...
Southeast European power markets swung from near €200/MWh midweek to zero and negative prices during Sunday’s solar peak, while evening electricity still climbed above...
Day-ahead electricity prices across much of Central and Southeast Europe fell to zero or negative levels during Sunday’s solar peak before rebounding above €225/MWh...