Serbia: NIS Group sees 16% profit decline in Q1 2025 amid lower oil prices and SDN listing
Serbian oil and gas company NIS Group recorded a net profit of €12.8 million in the first quarter of 2025, […]
Serbia: EPS posts €92 million Q1 profit, advances in renewables despite hydropower slump
State-owned Serbian power utility Elektroprivreda Srbije (EPS) reported a net profit of €92 million in the first quarter of 2025,
Romania: Hidroelectrica sees 38% drop in Q1 2025 output, confirms €800 million dividend payout
Romanian state-controlled electricity producer Hidroelectrica reported a sharp year-on-year decline in electricity output for the first quarter of 2025, with
Romania: OMV Petrom sees 24% profit drop in Q1 2025, eyes record investment year
OMV Petrom, Romania’s leading oil and gas company, reported a 24% year-on-year drop in net profit for the first quarter
Bulgaria: TPP Bobov Dol reports strong Q1 2025 profit surge amid revenue growth
Bulgarian coal-fired power plant TPP Bobov Dol posted a net profit of €5.1 million in the first quarter of 2025,
Bulgaria cuts wholesale gas price by 14.2% for May 2025
The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 14.2% reduction in the wholesale price of natural
Bosnia and Herzegovina: Five-company consortium wins €8.3 million contract for TPP Gacko cooling tower reconstruction
A consortium comprising four local firms and a recently established Hungarian company has secured an €8.3 million contract from RiTE
Greece: MORE launches 43.2 MW wind farm as part of ambitious renewable energy expansion
Motor Oil Renewable Energy (MORE) has officially begun regular operations at a new 43.2 MW wind power plant located in
Romania: New solar projects advance with over 100 MW in capacity and storage plans
Eximprod Grup is preparing to commission a 65 MW photovoltaic facility in Prahova County, north of Bucharest, with plans to
Romania: OMV Petrom and CE Oltenia launch major solar projects to power 410,000 Romanian homes
Romania’s largest energy company, OMV Petrom, has signed contracts with the state-owned energy company CE Oltenia for the development of
Greece announces targeted winter electricity subsidies for one million businesses
On October 25, the Ministry of Environment and Energy announced a new framework for electricity subsidies aimed at supporting approximately
Romania: ENTSO-E flags planned gas projects as economically unviable by 2035
Romania’s plans to build 2.15 GW of combined cycle gas turbine (CCGT) capacity face serious doubts over economic viability and