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Serbia and SOCAR near joint venture for up to 500 MW gas-fired CHP

Serbia is close to setting up a joint venture with Azerbaijan’s SOCAR to develop a gas-fired combined heat and power plant. The planned facility...

EPS and SOCAR formalize framework for Niš gas-fired power plant

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...

SOCAR’s Potential Acquisition of NIS Signals Shift in Southeast Europe’s Energy Landscape

The potential acquisition of Naftna Industrija Srbije (NIS) by the State Oil Company of Azerbaijan Republic (SOCAR) represents a significant turning point in the...

Albania transitions from gas transit to consumption with SOCAR supply in Korca

Albania is set to emerge as a significant natural gas consumer, as Azerbaijan’s state energy company SOCAR prepares to supply gas to the city...

Azerbaijan and Hungary sign gas supply deal allowing up to 800 million cubic meters over two years

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...

Bulgaria: Cengiz Holding and SOCAR move to acquire Lukoil’s Burgas refinery in $2.5 billion deal

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...

Latest news

SEE power enters autumn as solar prices collapse and evening costs surge

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...

SEE gas heads into autumn above €70/MWh as LNG shock tightens market

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...

Market News Roundup CW36

Between August 31, 2026 and September 6, 2026, 75 articles were published. ...

SEE power swings from €200/MWh scarcity to zero-price solar surplus in CW36

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...

Solar surge drives SEE power prices to zero before €225/MWh evening rebound

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...