OMV Petrom's Petrobrazi refinery in Romania operated above 98% utilisation in the first nine months of 2026 and at 100% in the third quarter. High throughput supports Romanian fuel supply and positions the refinery to benefit from strong product margins.
Serbia’s net electricity import requirement fell by roughly 30% on 6 November as domestic generation rose. The SEEPEX price declined but remained above €300/MWh and higher than prices in Hungary and Germany.
Serbian electricity exports to Hungary face narrower margins as existing EU carbon costs make emissions evidence and transaction details more important. A European Commission clarification covers the customs treatment of nominated electricity volumes and distinguishes imports from transit.
Southeast Europe faces a growing power-system flexibility shortage as grids, storage and dispatchable capacity lag behind project growth and rising volatility. Country-level pressures range from heavy imports in Serbia to negative prices in Croatia and faster battery deployment in Bulgaria.
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Ahold Delhaize has agreed to buy the equivalent of 370 GWh of electricity annually for 10 years through a virtual power purchase agreement linked to wind and solar projects in Romania. The contract covers about 14% of the projects’ combined expected output.
Rezolv Energy, the Actis-backed independent power, through their project subsidiary First Looks Solutions, have signed a 10-year Virtual Power Purchase Agreement (VPPA) in Romania...
Rezolv Energy, the Actis-backed independent power, through their project subsidiary First Looks Solutions, have signed a 10-year Virtual Power Purchase Agreement (VPPA) in Romania...
Deutsche Telekom has signed a power purchase agreement (PPA) to procure wind energy in Romania.
The telco’s local units T-Mobile Czech Republic, Slovak Telekom, and...
Renewable energy company Enery has agreed to supply 70,000 MWh of green electricity annually in Romania to entities affiliated with the local unit of...
Croatian telecommunication companies Hrvatski Telekom and Liburana, a wholly owned subsidiary of Professio Energie, have signed a 10-year virtual power purchase agreement (vPPA) for...
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 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 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 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.
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.