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 […]
Gas Industry
Structuring safeguards: How risk engineering converts uncertainty into control
Every infrastructure investment carries uncertainty—technical, commercial, regulatory, and environmental. Risk engineering converts these uncertainties into measurable safeguards. The OE leads
Europe: TTF gas prices remain stable as ExxonMobil and partners sign exploration deal for Greece’s Block 2
In the first week of November 2025, TTF natural gas futures traded within a narrow range between €31.20 and €32.55
Region: Electricity prices in SEE surge in Week 45 amid higher demand and lower renewable output
During Week 45 of 2025, electricity prices across Southeast Europe (SEE) rose sharply compared to the previous week, driven by
Montenegro to open first renewable energy auction for 250 MW of solar capacity
The Montenegrin Ministry of Energy announced that it will open bids for the country’s first renewable energy auction on 12
Montenegro: Average household electricity bill rises 13% in October, reaching €32.21
The average household electricity bill in Montenegro for October 2025 amounted to 32.21 euros, representing an increase of 13 percent
Region: Croatia’s JANAF and Hungary’s MOL advance talks on new oil transport deal amid supply and sanctions concerns
Representatives of Croatia’s state-owned pipeline operator JANAF and Hungary’s MOL Group met to assess the current situation and coordinate the
Bulgaria strengthens fuel security amid Lukoil sanctions and partial reliance on foreign reserves
Bulgaria’s strategic fuel reserves stored within the country are sufficient to cover about one month of domestic consumption, according to
Bosnia and Herzegovina: U.S. reaffirm commitment to advancing Southern Gas Interconnection project
Bosnia and Herzegovina’s Federal Minister of Energy, Mining and Industry, Vedran Lakić, held a working meeting with the management of
Albania: ALPEX posts 84% annual growth in October trading volume
The Albanian electricity exchange ALPEX reported that the total volume of electricity traded in the day-ahead market reached 159.5 GWh
Europe: Oil, gas and CO2 prices decline in early November amid OPEC+ decisions and high supply
Brent crude oil futures for the front-month contract on the ICE market reached their weekly high of $64.89 per barrel
European power prices rise in early November amid higher demand and lower wind generation
During the first week of November, average electricity prices rose in most major European power markets compared to the previous