Gas Industry

Bulgaria: Growth in electricity trading on Bulgarian Energy Exchange IBEX in June 2025 Read More »

Bulgaria: Growth in electricity trading on Bulgarian Energy Exchange IBEX in June 2025

In June 2025, a total of 2,285,322.2 MWh of electricity was traded on the day-ahead market of the Independent Bulgarian Energy Exchange (IBEX), representing a 2.7% increase compared to the previous month. The average daily traded volume for June was 76,177.4 MWh. Compared to June of the previous year, the traded volume rose by 8.6%. […]

Region: Serbia and Hungary finalize plans for cross-border crude oil pipeline Read More »

Region: Serbia and Hungary finalize plans for cross-border crude oil pipeline

Serbian state-owned company Transnafta and Hungarian energy group MOL have agreed on the technical specifications for a new crude oil pipeline that will connect the two countries. According to the Serbian Ministry of Energy, the pipeline will cover 113 kilometers within Serbian territory and will be capable of transporting up to 5 million tons of

Romania: Over 100,000 households switch electricity providers in June as market reopens Read More »

Romania: Over 100,000 households switch electricity providers in June as market reopens

Following the full re-liberalization of Romania’s energy market, consumers have swiftly moved to take advantage of competitive offers. In June alone, more than 108,000 households switched electricity providers, bringing the total number of changes since the return of market competition to over 234,000. A significant portion of these customers have turned to Hidroelectrica, the country’s

Romania: Eurowind Energy expands wind portfolio with 138 MW project pipeline Read More »

Romania: Eurowind Energy expands wind portfolio with 138 MW project pipeline

Eurowind Energy Romania has announced three new onshore wind projects—Frumusita, Vector, and Pecineaga NorthEst—adding a combined capacity of 138 megawatts (MW) to its growing portfolio. The projects will utilize 23 Vestas V162-6.2 MW turbines from the EnVentus platform, strengthening the ongoing partnership between the Danish firms in the Romanian renewable energy sector. Turbine delivery is

Bulgaria: Parliament rejects proposal for state takeover of electricity distributors Read More »

Bulgaria: Parliament rejects proposal for state takeover of electricity distributors

The Bulgarian Parliament has voted against a proposal to bring the country’s three electricity distribution companies under state ownership. The motion, submitted by the Morality, Unity, Honour (MECh) party, aimed to require the Council of Ministers to prepare a financing plan for the state acquisition of Electrodistribution Grid West, Electrodistribution North, and Elektrorazpredelenie Yug, including

Bulgaria: Growth in electricity production and exports in first half of 2025 Read More »

Bulgaria: Growth in electricity production and exports in first half of 2025

According to data from the Bulgarian electricity transmission system operator ESO, electricity production in Bulgaria between 1 January and 15 June 2025 increased by 13.42 percent compared to the same period in 2024, reaching 20.63 terawatt-hours (TWh). Electricity consumption in the country also rose during this period, recording a 6.82 percent increase to a total

Dutch gas prices drop over 10% in Week 26 amid Iran-Israel Ceasefire; EU sanctions on Russia stall due to Hungary and Slovakia opposition Read More »

Dutch gas prices drop over 10% in Week 26 amid Iran-Israel Ceasefire; EU sanctions on Russia stall due to Hungary and Slovakia opposition

Dutch wholesale gas prices dropped more than 10% in Week 26, following news of a ceasefire agreement between Iran and Israel that removed market fears of potential oil and gas supply disruptions. TTF gas futures on the ICE market, Europe’s benchmark for contracts delivering in August 2025, traded around €36/MWh for most of the week.

Region: Southeast Europe sees surge in electricity prices and demand amid early summer heatwave in Week 26 of 2025 Read More »

Region: Southeast Europe sees surge in electricity prices and demand amid early summer heatwave in Week 26 of 2025

In Week 26 of 2025, electricity prices across Southeast European (SEE) countries surged compared to the previous week, surpassing €90/MWh despite a decline in gas prices. Prices started the week around €95/MWh for all SEE countries, peaked above €100/MWh on June 26, and then declined toward the week’s end. Most SEE countries saw single-digit percentage

Romania: FIEKR nears completion of $160 million cogeneration plant at Petromidia refinery Read More »

Romania: FIEKR nears completion of $160 million cogeneration plant at Petromidia refinery

The Kazakh-Romanian Energy Investment Fund (FIEKR), through its subsidiary Rompetrol Energy, is nearing completion of its largest initiative to date—a cogeneration plant at the Petromidia refinery. With an investment exceeding 160 million dollars, the facility is expected to be fully integrated with both the refinery’s operations and Romania’s national electricity grid by the end of

Montenegro: EPCG receives bids for new turbine at Perucica hydropower plant to boost capacity by 2027 Read More »

Montenegro: EPCG receives bids for new turbine at Perucica hydropower plant to boost capacity by 2027

Montenegro’s state-owned power utility EPCG has received two bids for the construction, delivery, installation, and commissioning of the new A8 turbine at its Perucica hydropower plant. The first bid was submitted by a consortium consisting of Voith Hydro from Austria, Končar from Croatia, and Elnos from Serbia. The second offer came from Slovenia’s Litostroj Power.

Scroll to Top