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Croatia: JANAF to double Omisalj terminal storage capacity with €30 million expansion Read More »

Croatia: JANAF to double Omisalj terminal storage capacity with €30 million expansion

Croatia’s state-owned oil transportation company JANAF has secured a construction permit to build additional fuel storage tanks at its Omisalj Terminal. A public tender for the project is expected to launch in early August. Valued at over 30 million euros and fully financed from JANAF’s own resources, this marks the company’s largest single investment in […]

Romania: Transgaz completes major Danube undercrossing, advancing gas infrastructure ambitions Read More »

Romania: Transgaz completes major Danube undercrossing, advancing gas infrastructure ambitions

Romanian natural gas transmission system operator Transgaz has successfully completed the Danube River undercrossing, a critical section of the Tuzla-Podisor gas pipeline. The tunnel stretches 1,813 meters and reaches a maximum depth of 67 meters beneath the riverbed, making it one of Europe’s most ambitious horizontal directional drilling (HDD) projects. During construction, engineers encountered unexpected

Romania: OMV Petrom discovers commercial natural gas at Spineni site, plans major 2025 investments Read More »

Romania: OMV Petrom discovers commercial natural gas at Spineni site, plans major 2025 investments

OMV Petrom, an oil and gas company, has announced a successful natural gas discovery at its Spineni site, located about 70 kilometers northeast of Craiova in southwestern Romania. The Spineni-1 exploration well was drilled to a depth of approximately 4,800 meters. Flow tests showed a commercial output of 180,000 cubic meters of gas per day,

Romania: Eurowind Energy expands wind portfolio with 138 MW project pipeline Read More »

Romania: Eurowind Energy expands wind portfolio with 138 MW project pipeline

Eurowind Energy Romania has announced three new onshore wind projects—Frumusita, Vector, and Pecineaga NorthEst—adding a combined capacity of 138 megawatts (MW) to its growing portfolio. The projects will utilize 23 Vestas V162-6.2 MW turbines from the EnVentus platform, strengthening the ongoing partnership between the Danish firms in the Romanian renewable energy sector. Turbine delivery is

Bulgaria: Parliament rejects proposal for state takeover of electricity distributors Read More »

Bulgaria: Parliament rejects proposal for state takeover of electricity distributors

The Bulgarian Parliament has voted against a proposal to bring the country’s three electricity distribution companies under state ownership. The motion, submitted by the Morality, Unity, Honour (MECh) party, aimed to require the Council of Ministers to prepare a financing plan for the state acquisition of Electrodistribution Grid West, Electrodistribution North, and Elektrorazpredelenie Yug, including

Bulgaria: KEVR approves modest increases in gas, electricity and heating prices Read More »

Bulgaria: KEVR approves modest increases in gas, electricity and heating prices

The Bulgarian Commission for Energy and Water Regulation (KEVR) has approved a 0.6% increase in the wholesale price of natural gas for July 2025. The new price stands at approximately 33 euros per megawatt-hour (MWh), excluding VAT and excise duties. This follows a 0.1% decrease in the wholesale gas price approved for June. According to

Region: Romania and Serbia sign MoU to launch cross-border gas interconnection Read More »

Region: Romania and Serbia sign MoU to launch cross-border gas interconnection

Romania’s natural gas transmission system operator, Transgaz, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to advance the development of a gas interconnection between the two countries. The agreement lays the foundation for cooperation by defining the main principles and organizational framework for future joint projects. As part of the

Region: North Macedonia and Serbia advance cross-border gas pipeline project Read More »

Region: North Macedonia and Serbia advance cross-border gas pipeline project

The national gas transmission operator of North Macedonia, Nomagas, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to enhance their cooperation and accelerate the development of a cross-border gas interconnector. This agreement is a significant step toward streamlining the preparatory work for a key pipeline that will connect the gas

Romania: R.Power appoints Nomad Electric as contractor for 55 MW solar project Read More »

Romania: R.Power appoints Nomad Electric as contractor for 55 MW solar project

Polish renewable energy developer R.Power has selected Romanian firm Nomad Electric as the general contractor for its 55 MW solar power project in Romania. The contract, finalized through R.Power’s local subsidiary, includes all installation, civil works, and commissioning activities. However, it does not cover the supply of solar modules and inverters. This project is part

Serbia: US Treasury grants NIS fourth 30-day sanctions reprieve Read More »

Serbia: US Treasury grants NIS fourth 30-day sanctions reprieve

For the fourth time since April, the US Department of the Treasury has extended Serbian oil company NIS’s waiver from full sanctions implementation, pushing the new deadline to 29 July 2025. This extension follows NIS’s recent application for a special license aimed at preserving its ability to conduct routine business beyond the previous waiver’s expiration

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