Montenegro: CGES reports €16.7 million profit in first nine months of 2025, slightly down year-on-year
Montenegrin electricity transmission system operator CGES reported a net profit of 16.7 million euros for the first nine months of […]
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Montenegro: Pljevlja coalmine reports €1.4 million loss in first nine months of 2025 after sharp revenue decline
Pljevlja coalmine reported a net loss of approximately 1.4 million euros in the first nine months of 2025, a sharp
Greece boosts regional energy role with €134 million Komotini gas compression station
Greece is preparing to launch a new natural gas compression station in Komotini, northern Greece, marking a significant milestone in
Bulgaria: SUNOTEC signs five-year hedge agreement with Shell Energy Europe to support 600 MWh battery storage project
German-Bulgarian renewable energy company SUNOTEC has signed a five-year cross-border spread hedge agreement with Shell Energy Europe, aimed at ensuring
Bosnia and Herzegovina: RiTE Ugljevik reports €11.6 million loss in first nine months of 2025, TPP Gacko returns to operation after overhaul
The largest electricity producer in the Republic of Srpska, coalmine and thermal power plant RiTE Ugljevik, reported a loss of
Serbia: SEEPEX day-ahead trading rises 11.9% in October, prices up sharply from September
A total of 511,894 MWh of electricity was traded on the day-ahead market of the Serbian energy exchange SEEPEX in
Romania raises electricity and heating prices as cogeneration tax increases by 62%
Starting November 1, electricity and heating prices in Romania will increase slightly following a 62 percent rise in the high-efficiency
Montenegro: Jugopetrol posts €8.8 million profit in first nine months of 2025 despite lower sales
Montenegrin fuel retailer Jugopetrol achieved a net profit of 8.8 million euros in the first nine months of 2025, up
Region: Washington rejects request for exemption from U.S. sanctions on Russian oil industry
U.S. President Donald Trump has revealed that Hungarian Prime Minister Viktor Orbán personally requested an exemption from the newly imposed
Croatia: Omišalj LNG terminal begins testing of new regasification module, doubling capacity to 6.1 bcm
The newly installed regasification module at Croatia’s floating LNG terminal in Omišalj has entered the testing phase and will undergo
Bulgaria weighs options for Lukoil Burgas refinery amid U.S. sanctions and energy security concerns
Bulgaria is maintaining active coordination with both the European Union and the United States regarding the uncertain future of the
Bulgaria: Electricity production up 7.5% in 2025, driven by strong growth in renewables
According to data released by Bulgaria’s electricity transmission system operator ESO, the country’s electricity production between January 1 and November