Serbia: Desulphurization facility at TENT B nears completion, following TENT A’s successful launch

The desulphurization facility at the TENT B thermal power plant is nearing the end of its construction phase. Civil works have been completed, and commissioning is underway with staged testing of individual components. The initial release of flue gases and limestone slurry through Absorber B1 was successfully conducted, with a similar trial for Absorber B2 […]

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Serbia: SEEPEX day-ahead market sees slight volume decline but price increase in July 2025

In July 2025, a total of 481,815.7 MWh of electricity was traded on the Serbian energy exchange SEEPEX’s day-ahead market, representing a 4.7 percent decrease compared to June and 2.4 percent less than July 2024. The average daily traded volume stood at 15,542.4 MWh. Despite the drop in traded volume, prices increased notably. The average

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Montenegro: HPP Perucica receives usage permit after 65 years

The Perucica hydropower plant, a key asset in Montenegro’s electricity system, has finally been granted its official usage permit after operating under a construction authorization since 1953, state-owned power utility EPCG announced. EPCG highlighted the lengthy delay as an example of slow institutional processes and questioned the reasons behind the long wait and the previous

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Montenegro: Jugopetrol reports €3.44 million profit in H1 2025 amid lower sales and spending

Montenegrin fuel retailer Jugopetrol posted a net profit of 3.44 million euros in the first half of 2025, significantly down from 27.8 million euros recorded in the same period last year. Despite the drop, this year’s figure represents a 23.7 percent increase compared to earlier annual trends, with the company having earned 7 million euros

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Hungary: KazMunayGas delivers first crude shipment, strengthens ties with MOL Group

Kazakhstan’s state-owned oil company KazMunayGas (KMG) has successfully delivered its first shipment of crude oil to Hungary, marking a significant milestone in its strategic energy cooperation with Hungary’s MOL Group. The initial cargo of 85,000 tons was transported by sea from the Russian port of Novorossiysk to Croatia’s Omisalj port aboard the vessel Alatau, operated

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Croatia: Professio Energia posts strong Q2 results on rising wind output

The Professio Energia group reported consolidated revenues of 15.57 million euros in the second quarter of 2025, while the parent company posted 2.16 million euros in non-consolidated sales. The performance was largely driven by electricity production from the Rudine, Danilo, and Mazin 2 wind farms, operated by VE Rudine, RP Global Danilo, and Liburana, respectively.

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