Both of Republika Srpska’s thermal power plants — Gacko and Ugljevik — have experienced operational disruptions this week, highlighting growing challenges in the entity’s energy sector and prompting swift intervention from the government. At the Gacko Thermal Power Plant, a boiler pipe rupture caused a temporary production halt in the early hours of November 1. […]
The feasibility study for the planned gas interconnection between Serbia and North Macedonia has been completed, marking a key step forward in the project’s preparation phase. The new interconnector is expected to be constructed by 2027, with commissioning scheduled for 2028. Once operational, it will enable bidirectional gas flow between the two countries, providing access
According to Eurostat data for the first half of 2025, household gas prices across the European Union declined notably, while electricity prices remained virtually unchanged compared to the second half of 2024. The average household gas price dropped by 8.1 percent, from 12.44 to 11.43 euros per 100 kWh. Eurostat noted that this marks a
Electricity consumption in Slovenia continued to decline in September 2025, with consumers drawing 831.6 GWh from the transmission network — a 3.2 percent decrease compared to the same month last year. The downward trend in electricity demand, observed throughout most of the year except in February and March, has persisted into the autumn months. Distribution
Romanian natural gas producer Romgaz recorded a modest increase in total hydrocarbon production during the first nine months of 2025, reaching 23.96 million barrels of oil equivalent — up 0.61 percent year-on-year. Gross natural gas output remained almost unchanged, rising by just 0.11 percent to 23.63 million barrels of oil equivalent between January and September.
OMV Petrom reported a net profit of 680 million euros for the first three quarters of 2025, marking a 13 percent decrease compared to the same period last year. Despite lower crude oil prices and signs of weakening demand for fuels and natural gas, the company maintained solid performance supported by stronger refining margins and
Croatian oil pipeline operator JANAF recorded a net profit of 33.3 million euros in the first nine months of 2025, marking a 10.2 percent decrease compared to the same period last year. Total revenues reached 96.4 million euros, down 3.3 percent year-on-year, while income from core business activities — oil transport and storage of crude
INA Group reported a profit of 140.9 million euros for the first nine months of 2025, excluding one-off items — a 15 percent decline compared to the same period last year. Net sales revenue rose slightly by 1 percent to 2.9 billion euros, while CCS EBITDA, adjusted for one-off items, increased by 7 percent year-on-year
Bulgaria: TPP Bobov Dol reports sharp profit drop despite higher revenues in 2025 Read More »
Bulgarian thermal power plant Bobov Dol recorded a net profit of approximately 510,000 euros in the first nine months of 2025, a significant decrease compared to 2.3 million euros in the same period last year. The company’s total revenues reached 144.5 million euros, marking a 31.5 percent increase compared to the corresponding period in 2024.
Bulgaria records sharp decline in electricity and gas consumption in August 2025 Read More »
According to data from the Bulgarian National Statistical Institute, electricity production in August 2025 decreased by 3.5 percent compared to July, reaching 3,154 GWh, while electricity consumption fell by 7.4 percent to 2,561 GWh. Natural gas consumption dropped by 2.5 percent on a monthly basis to 155 million cubic meters, with production remaining unchanged at
