Croatia: Professio Energia posts strong Q2 results on rising wind output Read More »

Croatia: Professio Energia posts strong Q2 results on rising wind output

The Professio Energia group reported consolidated revenues of 15.57 million euros in the second quarter of 2025, while the parent company posted 2.16 million euros in non-consolidated sales. The performance was largely driven by electricity production from the Rudine, Danilo, and Mazin 2 wind farms, operated by VE Rudine, RP Global Danilo, and Liburana, respectively. […]

Bosnia and Herzegovina: EPBiH posts €23.3 million loss in first half of 2025 despite revenue growth Read More »

Bosnia and Herzegovina: EPBiH posts €23.3 million loss in first half of 2025 despite revenue growth

Bosnia and Herzegovina’s state-owned power utility, EPBiH, reported a net loss of approximately 23.3 million euros in the first half of 2025, a deeper deficit compared to the 13.7 million euros loss recorded during the same period in 2024. During the first six months of 2025, the company generated total revenues of 381 million euros,

Region: Serbia and Romania finalizing Djerdap 3 hydropower agreement, advancing energy cooperation Read More »

Region: Serbia and Romania finalizing Djerdap 3 hydropower agreement, advancing energy cooperation

The Memorandum of Understanding for the development of the Djerdap 3 pump-storage hydropower plant is nearing completion and is expected to be signed once harmonization is finalized, according to Serbian Minister of Mining and Energy Dubravka Djedovic. This announcement followed her meeting with Romanian Energy Minister Ivan Bogdan, during which they discussed expanding joint energy

Serbia: NIS launches tender for enhanced oil recovery pilot project at Velebit field Read More »

Serbia: NIS launches tender for enhanced oil recovery pilot project at Velebit field

NIS has initiated a tender for the construction of a system to evaluate the feasibility of an enhanced oil recovery (EOR) method at the Velebit exploitation field in the municipality of Kanjiža. Velebit, Serbia’s largest oil deposit, was discovered in 1968, with production starting in 1985. The pilot project aims to increase output by injecting

Serbia sees growing prosumers with over 5,000 renewable energy producers and 106 MW installed capacity Read More »

Serbia sees growing prosumers with over 5,000 renewable energy producers and 106 MW installed capacity

The number of prosumers in Serbia has reached 5,071, collectively contributing 106 megawatts (MW) of installed capacity, according to the latest register maintained by the Electricity Distribution System (EDS). This growth reflects increasing participation from households, businesses, and local authorities in renewable energy production. Households form the largest group by number, with 3,667 prosumer homes

Serbia: Srbijagas director highlights ongoing US sanctions delays, stable operations at NIS Read More »

Serbia: Srbijagas director highlights ongoing US sanctions delays, stable operations at NIS

Dušan Bajatović, general director of the state-owned gas company Srbijagas and a member of the government team addressing US sanctions related to Serbian oil company NIS, stated that the recent postponement of full US sanctions implementation has allowed NIS to continue operating without disruption. Bajatović emphasized that a lasting resolution will require an agreement acceptable

Romania: OMV Petrom reports decline in revenues and profit in first half of 2025 amid strong investment push Read More »

Romania: OMV Petrom reports decline in revenues and profit in first half of 2025 amid strong investment push

Romanian energy group OMV Petrom recorded a 7 percent year-on-year drop in sales revenues during the second quarter of 2025, contributing to a 1 percent decline in total revenues for the first half of the year, which reached 3.4 billion euros. Net profit fell more sharply, decreasing by 17 percent in Q2 and 21 percent

Romania: Romgaz boosts domestic gas sales and storage injections in first half of 2025 Read More »

Romania: Romgaz boosts domestic gas sales and storage injections in first half of 2025

Romania’s state-owned natural gas producer Romgaz reported a 12.55 percent increase in sales of domestically produced natural gas in the first half of 2025, delivering a total of 2.52 billion cubic meters. Total hydrocarbon production edged up slightly, rising 0.4 percent year-on-year to 16.19 million barrels of oil equivalent. Within this total, crude natural gas

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