Bulgaria: Over 87% of Chiren gas storage booked for 2025/2026 Read More »

Bulgaria: Over 87% of Chiren gas storage booked for 2025/2026

Bulgarian gas operator Bulgartransgaz announced that over 87% of the available capacity at the Chiren underground gas storage facility for the 2025/2026 gas year has already been reserved, totaling nearly 567 million cubic meters. Fifteen companies secured storage rights, including eight with foreign ownership. Remaining capacity, along with injection and withdrawal services, will be auctioned […]

Bosnia and Herzegovina: RS halts environmental permit for Bukova Kosa coal project amid legal challenge Read More »

Bosnia and Herzegovina: RS halts environmental permit for Bukova Kosa coal project amid legal challenge

The Ministry of Spatial Planning, Construction and Ecology of the Republic of Srpska (RS) has suspended the process of issuing an environmental permit for coal exploitation at the Bukova Kosa deposit near Prijedor. This follows a lawsuit filed by the Center for Environment, which challenged the Ministry’s earlier decision to exempt the project from requiring

Bosnia and Herzegovina: Electricity imports surge by 600% amid energy sector struggles Read More »

Bosnia and Herzegovina: Electricity imports surge by 600% amid energy sector struggles

Electricity imports in Bosnia and Herzegovina (BiH) have surged by nearly 600% year-on-year, with the value rising from 17.2 million euros in the first quarter of 2023 to 120 million euros this year. Once a major electricity exporter, BiH has now become a significant importer, with import values surpassing export revenues during the same period.

Europe: EU plans legal path to end Russian gas contracts without penalties Read More »

Europe: EU plans legal path to end Russian gas contracts without penalties

The European Union is developing legal measures that would allow companies to terminate long-term contracts for Russian gas without facing penalties, citing force majeure. This move is part of the EU’s broader strategy to eliminate its reliance on Russian fossil fuels by 2027. European Commission President Ursula von der Leyen announced that the Commission will

Bulgaria confirms Belene nuclear reactors will not be sold to Ukraine Read More »

Bulgaria confirms Belene nuclear reactors will not be sold to Ukraine

Bulgaria will not proceed with the sale of two nuclear reactors from the Belene nuclear power plant to Ukraine, Deputy Prime Minister and Bulgarian Socialist Party (BSP) leader Atanas Zafirov confirmed during a press briefing after a meeting of the BSP Executive Bureau. He emphasized that this decision was made collectively by the ruling coalition,

Bosnia and Herzegovina: Three hydropower plants on Bistrica river set for completion by end of 2026 Read More »

Bosnia and Herzegovina: Three hydropower plants on Bistrica river set for completion by end of 2026

Three hydropower plants on the Bistrica river near Foča are expected to be completed by the end of 2026, according to Petar Đokić, Minister of Energy and Mining of the Republic of Srpska, one of the two entities of Bosnia and Herzegovina. The Chinese company AVIC is responsible for the construction of the plants, which

Bosnia and Herzegovina: Entities reach agreement on new electricity market law Read More »

Bosnia and Herzegovina: Entities reach agreement on new electricity market law

The entities of Bosnia and Herzegovina have agreed on the text of a new law that will regulate the country’s electricity market. Along with legislation concerning the electricity regulator and transmission system, the new law lays the groundwork for establishing a Bosnian power exchange, which will be based in Mostar. This development marks a major

Romania: OMV Petrom and Romgaz advance Neptun Deep project with new exploration well Read More »

Romania: OMV Petrom and Romgaz advance Neptun Deep project with new exploration well

OMV Petrom and Romgaz, partners in the Neptun Deep offshore gas project, are preparing to drill a new exploration well as part of their concession agreement commitments. The companies have identified two potential drilling locations, both of which will undergo permitting, though only one site will ultimately be selected for operations. The exploration activity represents

Romania: ENNA Solar expands into romanian market with major solar project acquisition Read More »

Romania: ENNA Solar expands into romanian market with major solar project acquisition

Croatia’s ENNA Solar, part of the ENNA Group, has signed an agreement with Austria’s Kraftfeld Energy to acquire a ready-to-build solar project in Romania. The deal includes full ownership of special purpose vehicle PVP Cepheus, which developed the project in Giurgiu county. The 87.5 MW solar plant will be constructed in Mihăilești, approximately 25 km

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