OMV Petrom reported a net profit of 680 million euros for the first three quarters of 2025, marking a 13 percent decrease compared to the same period last year. Despite lower crude oil prices and signs of weakening demand for fuels and natural gas, the company maintained solid performance supported by stronger refining margins and […]
Croatian oil pipeline operator JANAF recorded a net profit of 33.3 million euros in the first nine months of 2025, marking a 10.2 percent decrease compared to the same period last year. Total revenues reached 96.4 million euros, down 3.3 percent year-on-year, while income from core business activities — oil transport and storage of crude
INA Group reported a profit of 140.9 million euros for the first nine months of 2025, excluding one-off items — a 15 percent decline compared to the same period last year. Net sales revenue rose slightly by 1 percent to 2.9 billion euros, while CCS EBITDA, adjusted for one-off items, increased by 7 percent year-on-year
Bulgarian thermal power plant Bobov Dol recorded a net profit of approximately 510,000 euros in the first nine months of 2025, a significant decrease compared to 2.3 million euros in the same period last year. The company’s total revenues reached 144.5 million euros, marking a 31.5 percent increase compared to the corresponding period in 2024.
Bulgaria: TPP Bobov Dol reports sharp profit drop despite higher revenues in 2025 Read More »
According to data from the Bulgarian National Statistical Institute, electricity production in August 2025 decreased by 3.5 percent compared to July, reaching 3,154 GWh, while electricity consumption fell by 7.4 percent to 2,561 GWh. Natural gas consumption dropped by 2.5 percent on a monthly basis to 155 million cubic meters, with production remaining unchanged at
Bulgaria records sharp decline in electricity and gas consumption in August 2025 Read More »
TTF gas futures experienced mild upward pressure following the European Union’s approval of a new sanctions package against Russia, which includes a ban on Russian LNG imports effective from 2027. While the announcement initially boosted market sentiment, the impact was limited by strong supply conditions and storage facilities near full capacity across Europe. As a
During Week 43 of 2025, electricity market prices in Southeast Europe (SEE) declined noticeably compared to Week 42, mainly due to mild weather conditions and increased power generation from wind farms. Despite the decrease, all SEE markets recorded weekly average prices above €108/MWh, except Türkiye. Croatia and Romania registered the steepest price drops, at -19.19%
Region: SEE power prices fall on mild weather and strong wind generation in Week 43 Read More »
Slovenia’s only nuclear power plant, Krško, was reconnected to the national electricity grid on Tuesday, 28 October, following the completion of its scheduled maintenance program. Over the next several days, the plant will gradually increase power output in line with strict safety procedures, the operator announced. The month-long overhaul, which began on 28 September, included
Slovenia: NPP Krško back online after scheduled maintenance completion Read More »
According to diplomatic sources quoted by Serbian media, the United States sees only two possible solutions to the issue surrounding Serbian oil company NIS, which remains under U.S. sanctions because of its Russian ownership. The first option would involve selling the Russian-held shares to a company with no ties to Russia, while the second would
The Čibuk 2 wind farm, located in the municipality of Kovin in southern Banat, officially began trial operation on 21 October. So far, 35 MW of installed capacity has been connected to Serbia’s national electricity grid. The installation of all turbines is expected to be completed by mid-November, with the full 154 MW facility scheduled
