companies Archives - Page 10 of 13 - Carbon Trading Exchange

Croatia: INA Group posts strong Q1 2025 results with 197% surge in net profit Read More »

Croatia: INA Group posts strong Q1 2025 results with 197% surge in net profit

INA Group reported a net profit of €35.4 million in the first quarter of 2025, reflecting a sharp 197% increase compared to the same period in 2024. The company’s net sales revenue rose by 14% year-on-year to €916.3 million, while clean CCS EBITDA (excluding special items) climbed 38% to reach €88 million. Capital investments for […]

Engie Romania acquires 54 MW wind project as part of 1 GW renewable goal Read More »

Engie Romania acquires 54 MW wind project as part of 1 GW renewable goal

Engie Romania has acquired a fully permitted, ready-to-build 54 MW wind power project in Mereni, Constanța County, furthering its goal of reaching 1 GW of renewable energy capacity by 2030. Construction of the Mereni wind farm is set to begin later this year, with operations expected to commence in 2027. Once operational, the facility is

North Macedonia: MEPSO relaunches tender for long-delayed 400 kV transmission line Read More »

North Macedonia: MEPSO relaunches tender for long-delayed 400 kV transmission line

North Macedonia’s electricity transmission system operator MEPSO has issued a new tender for the construction of a 400 kV transmission line that will connect the country with Albania. This follows the termination of a previous contract due to the contractor’s failure to meet agreed obligations. The new transmission line is set to begin in Bitola

Greece: DEPA Trade advances green transition with two major solar projects Read More »

Greece: DEPA Trade advances green transition with two major solar projects

Greek state-owned gas company DEPA Trade is moving forward in its shift toward renewable energy with the launch of two large-scale solar power projects. Construction firms Terna and Aktor have been contracted to build the facilities under turnkey agreements worth a total of 270 million euros. The larger of the two projects is a 400

Bulgaria: Bulgargaz proposes lower natural gas prices for April and December 2025 Read More »

Bulgaria: Bulgargaz proposes lower natural gas prices for April and December 2025

Bulgargaz, the state-owned gas supplier of Bulgaria, has announced a proposed reduction in wholesale natural gas prices for December 2025. For April, the proposed price stands at approximately €33.2 per megawatt-hour (MWh), reflecting a nearly 14% decrease compared to the previously approved April price of €38.3/MWh. This April rate itself was already 14.3% lower than

Serbia: NIS receives US sanctions deferral until June 2025 Read More »

Serbia: NIS receives US sanctions deferral until June 2025

Serbian oil company NIS has secured a new special license from the US Department of the Treasury, deferring the full application of sanctions until 27 June 2025. The license allows NIS and its subsidiaries to continue operations, honor contracts, and manage financial transactions without interruption. The company expressed gratitude for the support of the Serbian

Romania: Hidroelectrica launches first energy storage project at Crucea Nord wind farm Read More »

Romania: Hidroelectrica launches first energy storage project at Crucea Nord wind farm

Romanian electricity producer Hidroelectrica has signed a contract with Prime Batteries Technology and Enevo Group to install a Li-ion battery storage system at the Crucea Nord wind farm. The €16 million project (excluding VAT) will deliver a 36 MW / 72 MWh storage facility aimed at improving wind farm efficiency, providing balancing services to Romania’s

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

Croatia: Janaf extends storage deal with Rijeka Trans Read More »

Croatia: Janaf extends storage deal with Rijeka Trans

Croatia’s oil pipeline operator Janaf announced on April 11 that it has extended its storage agreement with local wholesaler Rijeka Trans until the end of July 2027. Under the renewed contract, Janaf will continue to provide storage for 10,000 cubic metres of oil derivatives at its facilities in Omisalj, according to a filing with the

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