Romania grants OMV Petrom and Romgaz two-year extension for Neptun Deep exploration Read More »

Romania grants OMV Petrom and Romgaz two-year extension for Neptun Deep exploration

Romania has granted OMV Petrom and Romgaz a two-year extension for exploration activities in the Neptun Deep offshore block, moving the deadline to November 2027 while keeping the overall concession period unchanged through 2045. The extension allows the partners additional time to complete their exploration commitments, including a new deep-water drilling campaign. As part of […]

Romania: Premier Energy plans new gas-fired balancing plant to support renewables Read More »

Romania: Premier Energy plans new gas-fired balancing plant to support renewables

Premier Energy has announced plans to expand its flexible generation assets during its latest investor call. The company is preparing to build a 20 MW gas-fired cogeneration and balancing plant in Braila, while also assessing a second potential site elsewhere in Romania. The new facilities aim to support and stabilize Premier Energy’s growing renewable energy

Montenegro launches €11 million tender to build mandatory oil reserves Read More »

Montenegro launches €11 million tender to build mandatory oil reserves

The Montenegrin Hydrocarbons Administration has issued a tender worth 11 million euros for the purchase of 16,500 metric tons (approximately 19.6 million liters) of fuel to initiate the country’s mandatory oil reserves. The tender calls for EN 590-grade diesel with strict conditions: it must be produced after 21 January 2026 and cannot be derived from

Croatia: Oil company INA confirms new Northern Adriatic gas reserves boosting domestic production Read More »

Croatia: Oil company INA confirms new Northern Adriatic gas reserves boosting domestic production

Croatian oil company INA has confirmed new natural gas reserves in the Northern Adriatic development area, a discovery that could significantly strengthen Croatia’s domestic gas output. The find follows the drilling of the first of two planned development wells from the existing IKA-A production platform, using CROSCO’s Labin jack-up rig. Drilling of the IKA A-1

Croatia: CROPEX records higher year-on-year electricity trading in November 2025 despite monthly decline Read More »

Croatia: CROPEX records higher year-on-year electricity trading in November 2025 despite monthly decline

In November 2025, a total of 1,182,744.1 MWh of electricity was traded on the Croatian energy exchange (CROPEX), representing an 18.4% decrease compared to October. Of this volume, 919,987.2 MWh was traded on the day-ahead market, while 262,756.9 MWh was exchanged on the intraday market. Despite the monthly decline, the traded volume was 27% higher

The Balkan power map 2035: How Serbia’s nuclear question reorders regional alliances and cross-Border power flows Read More »

The Balkan power map 2035: How Serbia’s nuclear question reorders regional alliances and cross-Border power flows

The Western Balkans and Southeast Europe are entering a new strategic energy era, one in which electricity — its production, exchange, security, and geopolitical meaning — carries more weight than gas pipelines ever did. By 2035, the region’s power map will look radically different from anything recognizable today. Coal will decline, hydropower will fluctuate under

The nuclear chessboard: Who will compete for Serbia’s reactor future and how neighbours will align in cross-border consents Read More »

The nuclear chessboard: Who will compete for Serbia’s reactor future and how neighbours will align in cross-border consents

The quiet decision to lift Serbia’s decades-old ban on nuclear power has triggered a shift in the strategic imagination of the region. For the first time since the Chernobyl-era prohibition, Serbia can legally and politically evaluate the possibility of constructing nuclear reactors — a move that has implications far beyond electricity production. It touches geopolitics,

After Russian gas: Who wins Serbia’s electrification shift? Read More »

After Russian gas: Who wins Serbia’s electrification shift?

For more than two decades, Serbia’s energy model rested on a simple premise: that natural gas would remain a stable, reasonably priced and geopolitically reliable cornerstone of the country’s heating, industrial processing and urban energy landscapes. The assumption was rooted in geography and politics. Russia supplied the gas, Serbia built the pipelines, and households and

EPS at the limits: Balancing congestion, renewable variability and the coming structural break in Serbia’s power system Read More »

EPS at the limits: Balancing congestion, renewable variability and the coming structural break in Serbia’s power system

Serbia’s electricity system is approaching a moment of structural tension that is no longer a distant or speculative threat. It is unfolding now, in real time, in the daily dispatch decisions of operators, in the widening gap between generation capabilities and system needs, and in the increasingly visible fragility of balancing mechanisms that once seemed

The grid under strain: How EMS warnings signal a new era of congestion in Serbia’s electricity system Read More »

The grid under strain: How EMS warnings signal a new era of congestion in Serbia’s electricity system

Serbia is entering an energy decade unlike any it has experienced since the post-Yugoslav restructuring of its power sector. But while most public attention focuses on the role of coal, the rise of renewables or the political weight of nuclear ambitions, the real hinge of Serbia’s energy future lies elsewhere — inside the steel corridors

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