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Romania: Eurowind Energy to build 220 MW solar park in Dâmbovița County Read More »

Romania: Eurowind Energy to build 220 MW solar park in Dâmbovița County

Danish renewable energy developer Eurowind Energy has announced plans to develop a large-scale solar park in Visina, Dâmbovița County. With an installed capacity of 220 MW, this will be the company’s largest project in Romania and one of the biggest solar ventures in the country. The investment is estimated at nearly 175 million euros. The […]

Montenegro: CGES declares 5 million euro dividend amid continued investment plans Read More »

Montenegro: CGES declares 5 million euro dividend amid continued investment plans

Montenegrin electricity transmission system operator CGES will distribute a gross dividend of 5 million euros to its shareholders, following approval at the company’s annual general meeting. The dividend payout comes after financial statements confirmed a net profit of 24.8 million euros for the previous fiscal year. The remaining 19.8 million euros will be retained as

Croatia: Zagreb public institutions switch natural gas supplier to MET Croatia Energy Trade Read More »

Croatia: Zagreb public institutions switch natural gas supplier to MET Croatia Energy Trade

Gradska plinara Zagreb-Opskrba (GPZO) will no longer supply natural gas to public institutions in Zagreb, marking another setback after losing its position as the primary household gas supplier last year. Following an extensive evaluation of bids for a public procurement contract valued at 14.5 million euros, a new supplier has been chosen. The contract was

Slovenia: MOL reconsiders operations amid new fuel price regulations Read More »

Slovenia: MOL reconsiders operations amid new fuel price regulations

Hungarian energy company MOL has raised concerns over Slovenia’s recent changes to fuel pricing regulations, warning that the new policy could destabilize the fuel market and compromise supply security. In a public statement, MOL announced it is reviewing its planned investments and business activities in Slovenia, though no specific decisions have been disclosed yet. The

Croatia: HEP upgrades submarine cable network to secure power supply for islands Read More »

Croatia: HEP upgrades submarine cable network to secure power supply for islands

Electricity distribution operator HEP ODS has completed the installation of a new 20 kV submarine cable connecting Tribunj on the mainland with the islands of Logorun and Kaprije. Spanning 8,150 meters, the cable strengthens energy security for Kaprije and finalizes an electric ring supplying the Šibenik archipelago. Similar installations were carried out in June on

Slovenia: Petrol halts investments and plans station closures amid stricter fuel price controls Read More »

Slovenia: Petrol halts investments and plans station closures amid stricter fuel price controls

Slovenian energy company Petrol has announced a series of immediate measures in response to the government’s recent fuel price controls. CEO Saša Berger revealed that the company will suspend all development investments within Slovenia, freeze sponsorships and donations, and prepare to renegotiate contracts with suppliers. Additionally, Petrol plans to close several unprofitable petrol stations. Berger

Serbia: NIS seeks extension of US sanctions license to continue operations beyond June 27 Read More »

Serbia: NIS seeks extension of US sanctions license to continue operations beyond June 27

Serbian oil company NIS has submitted a new request to the US Department of the Treasury for a special license to extend the postponement of full sanctions enforcement. This extension would allow NIS to continue its regular operations beyond June 27, when its current temporary license—granted on April 25—is set to expire. In March, NIS

Romania: Romgaz advances deep drilling at Caragele gas field to unlock new resources Read More »

Romania: Romgaz advances deep drilling at Caragele gas field to unlock new resources

In June, Romgaz began drilling operations for the 54 Damianca well in the Caragele gas field, aiming to reach a final depth of 5,100 meters. The project is focused on identifying previously untapped gas resources and analyzing geological formations located beyond 4,000 meters. According to the company, the drilling is progressing on schedule and without

Romania: OMV Petrom secures long-term used cooking oil supply from Astra Bioplant for sustainable fuel production Read More »

Romania: OMV Petrom secures long-term used cooking oil supply from Astra Bioplant for sustainable fuel production

OMV Petrom has finalized a major supply agreement with Astra Bioplant, a leading Bulgarian producer of biodiesel and a member of the Bulmarket group. The contract covers the purchase of pre-treated used cooking oil, a key raw material for the company’s future production of sustainable fuels. Set to begin in 2028, the agreement will run

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