Serbia: NIS to sell Bulgarian subsidiary amid market challenges
Serbian oil and gas company NIS has announced that its board of directors has approved the sale of its wholly […]
Romania: Hidroelectrica’s H1 2025 power generation drops 27% amid lower hydrology
Romanian electricity producer Hidroelectrica reported a 27% year-on-year decline in net electricity output during the first half of 2025, generating
Romania: Rezolv Energy selects partners for second phase of Vifor wind farm
Rezolv Energy has announced the selection of key partners for the second phase of the Vifor wind farm project in
Hungary: GoldenPeaks capital commissions two solar power plants, adding 92 MW to national grid
Solar energy developer GoldenPeaks Capital has completed and connected two new solar power plants in Hungary, contributing a total of
Croatia: JANAF posts strong H1 2025 results and plans strategic infrastructure investments
Croatian state-owned oil transportation company JANAF continued its steady growth in the first half of 2025, as reflected in its
Bulgaria sees sharp drop in energy consumption and production in May 2025, petroleum output rebounds
According to the Bulgarian National Statistical Institute, electricity production in May 2025 fell by 21.6% compared to April, totaling 2,585
Serbia: Djerdap 1 hydropower plant operating at reduced capacity due to low water levels
The Djerdap 1 hydropower plant is currently operating under limited water supply, which has significantly reduced its electricity production. This
Serbia: NIS Group maintains market stability despite loss in H1 2025
In the face of a challenging macroeconomic environment during the first half of 2025, the NIS Group remained committed to
Croatia: INA and Energean to invest €71 million in Irena gas field development
Croatian oil company INA and Energean have agreed to invest in the development of the Irena gas field, located in
Croatia: INA Group reports strong H1 2025 results with 21% profit growth
Croatia’s INA Group posted a net profit of €54.3 million for the first half of 2025, reflecting a 21% increase
Bulgaria: United Group launches second solar power plant
United Group has officially commissioned its second solar power plant in Bulgaria—an 8 MW facility located near the village of
Bulgaria cuts wholesale gas price by 3.8% for August 2025
The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 3.8% reduction in the wholesale price of natural