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Serbia: US Treasury extends sanctions delay on NIS for fifth time Read More »

Serbia: US Treasury extends sanctions delay on NIS for fifth time

The US Treasury Department has postponed the activation of sanctions on Serbian oil company NIS for an additional 30 days, marking the fifth extension since January. Serbian Energy Minister Dubravka Djedović noted that securing a further, longer reprieve is currently not possible. She attributed the decision to the broader geopolitical situation and complex negotiations among […]

Romania: OMV Petrom and Romgaz invest €750 million in Neptun Deep offshore gas project to boost energy independence Read More »

Romania: OMV Petrom and Romgaz invest €750 million in Neptun Deep offshore gas project to boost energy independence

OMV Petrom and the state-owned company Romgaz have announced a €750 million infrastructure investment for the Neptun Deep offshore gas project in the Black Sea, following the issuance of an establishment authorization by Romania’s National Energy Regulatory Authority (ANRE). This funding will cover all essential foundational work required to bring the offshore field into production.

Croatia: HROTE, ENNA and CROPEX to hold new green energy GO auctions on 29 July 2025 Read More »

Croatia: HROTE, ENNA and CROPEX to hold new green energy GO auctions on 29 July 2025

HROTE, ENNA and CROPEX have announced new auctions for guarantees of origin (GOs), scheduled to take place on 29 July 2025. The auctions will offer GOs from wind, solar, and biogas sources. HROTE plans to sell a total of 201,741 guarantees of origin for electricity generated under the incentive system during the second quarter of

Romania: Hidroelectrica partners with Waldevar Energy to build EU’s largest floating solar power plant Read More »

Romania: Hidroelectrica partners with Waldevar Energy to build EU’s largest floating solar power plant

Romanian electricity producer Hidroelectrica has signed a 7.8 million euro contract with Waldevar Energy for the installation of a floating solar power plant at the Nufarul reservoir in Olt County. The project follows a 14-month timeline, starting with a four-month design phase and followed by ten months of construction. The pilot plant will use high-efficiency

Croatia: INA brings Jamarice-183 gas well online ahead of schedule, boosting domestic production Read More »

Croatia: INA brings Jamarice-183 gas well online ahead of schedule, boosting domestic production

Croatian oil company INA has commenced production at its Jamarice-183 well, located in the Jamarice exploitation field around 100 kilometers southeast of Zagreb. Since mid-July, the well has been producing approximately 33,500 cubic meters of natural gas per day, representing a notable boost to INA’s upstream operations. Drilled in 2022 to a depth of 2,079

Slovenia: GEN-I reports strong 2024 earnings growth, projects moderate profit decline in 2025 Read More »

Slovenia: GEN-I reports strong 2024 earnings growth, projects moderate profit decline in 2025

The Slovenian energy provider GEN-I ended 2024 with net earnings of 36 million euros, representing a 45.3 percent increase compared to the previous year. The group’s EBITDA rose to 52.4 million euros in 2024, marking a 41.9 percent growth. Looking forward, GEN-I expects its net profit to decline to 25.6 million euros in 2025, with

Serbia: Resavica seeks approval for environmental impact assessment to expand Stavalj coal mine Read More »

Serbia: Resavica seeks approval for environmental impact assessment to expand Stavalj coal mine

The state-owned company Resavica has officially submitted a request to the Ministry of Environmental Protection for approval to conduct an Environmental Impact Assessment (EIA) related to the expansion of coal mining activities in the eastern and western parts of the Stavalj deposit. Located on the Pešter plateau, the brown coal mine has a history dating

Croatia: MOL and JANAF clash over crude oil pipeline capacity and pricing amid regional energy tensions Read More »

Croatia: MOL and JANAF clash over crude oil pipeline capacity and pricing amid regional energy tensions

Despite recent testing conducted in June on the JANAF crude oil pipeline, the assessments offered by Hungary’s oil and gas group MOL and Croatia’s pipeline operator JANAF have revealed a sharp divergence in views. MOL maintains that it requires firm guarantees of uninterrupted oil delivery through Croatian territory at competitive rates—assurances it claims JANAF has

Croatia: JA Solar to supply panels for largest hybrid solar plant at Korlat Read More »

Croatia: JA Solar to supply panels for largest hybrid solar plant at Korlat

JA Solar Technology has been selected to provide its DeepBlue 4.0 Pro n-type solar panels for the upcoming Korlat solar power plant in Croatia. The 99 MW facility is being developed by China Northern International Group in partnership with the Shandong Electric Power Engineering Consulting Institute, on behalf of Croatia’s state-owned power utility HEP. JA

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