Region: Chevron joins bidders eyeing Lukoil’s international assets after U.S. sanctions shift
US energy giant Chevron is evaluating selective opportunities to acquire parts of the international portfolio of Russian oil company Lukoil, […]
Gas Industry
Europe must double grid investment to meet 2050 targets, industry says
More than one-third of Europe’s low-voltage electricity networks are already over 40 years old, and without decisive action that share
Europe: Brent oil rebounds, TTF gas hits six-month low in mid-November
Brent crude oil futures for the Front Month on the ICE market reached their highest settlement price of the week
Europe: Electricity prices fall in most markets as wind output rises
During the second week of November, average electricity prices fell in most major European markets compared to the previous week.
Europe: Electricity demand rises in most markets despite holiday dip
During the week of November 10, electricity demand rose in most major European markets compared to the previous week. Portugal
Europe: Solar output falls, wind generation rises in mid-November
During the week of November 10, solar photovoltaic production declined across all major European markets compared to the previous week.
Slovenia: NPP Krsko exceeds planned output in October despite maintenance outage
In October 2025, the Krsko nuclear power plant, jointly owned by Slovenia and Croatia, generated 29,621 MWh of net electricity,
Romania: Romgaz posts strong nine-month results with 73% profit surge
Romanian natural gas producer Romgaz reported consolidated earnings of 480 million euros for the January–September 2025 period, an increase of
Greece and Ukraine seal first energy deals as U.S. pushes LNG strategy
Sunday’s meeting in Athens between Greek Prime Minister Kyriakos Mitsotakis and Ukrainian President Volodymyr Zelenskyy produced the first set of
Greece: New PPC wind farm in Fokida to power 20,000 households
PPC has completed construction of a 36 MW wind farm in the Fokida region of central Greece, with full commercial
Croatia: Electricity production drops 19% in September amid lower hydro output
According to short-term energy statistics published by the Croatian Bureau of Statistics, Croatia generated 834 GWh of electricity in September
Bulgaria confirms no extra U.S. conditions for Lukoil sanctions waiver
Energy Minister Zhecho Stankov stated that Bulgaria is not subject to any additional U.S. conditions for the recently approved sanctions