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Greece: US DFC interested in participating in the Great Sea Interconnector project

The US International Development Finance Corporation (DFC) has expressed an interest in participating in the Great Sea Interconnector project linking the electrical grids of...

Greece: JV established for Greek-Saudy electricity link

Greece’s Independent Power Transmission Operator (IPTO/ADMIE) and its Saudi counterpart National Grid SA have established a joint venture to study the feasibility of building...

SEE region: Public consultations for the expansion of Italy-Greece electricity interconnection

Terna, the Italian electricity transmission system operator, launched public consultations about its plan to expand the capacity of the existing Italy-Greece electricity interconnection to...

Latest news

BHP moves to end options on eight Serbian exploration licences

BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.

Centerra proposes nearly C$4.1 million for 9.9% Mundoro stake

Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.

Northstone secures commitments for about EUR1.45 million Serbia placement

Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.

European Energy weighs up to 1 GW complex in Bulgaria

European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.

JANAF halts Croatian crude flows after estimated 500 cubic metre spill

Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.