Romanian natural gas producer Romgaz is preparing to expand into the Moldovan energy market, aiming to supply up to 30% of Moldova’s imported gas. The company is in the process of establishing a subsidiary in Moldova to manage these operations. Romgaz CEO Razvan Popescu confirmed that Moldova’s annual gas demand is about 1 billion cubic […]
The Tuzla–Podisor natural gas pipeline, extending over 300 kilometers and intended to transport gas from offshore Black Sea reserves, is now more than 99% complete. Energy Minister Sebastian Burduja announced that the project is expected to receive final approval and be officially handed over within the next two months. Romania is establishing itself as a
Romania nears completion of Tuzla–Podisor pipeline, paving way for regional energy hub Read More »
According to data from the State Statistical Office, domestic electricity production accounted for 80.4% of the total electricity consumed in March 2025. Nearly all coal consumed, 99.9%, was used specifically for electricity generation. The total gross electricity production in Macedonia for March 2025 reached 469,417 MWh, representing a 1.7% increase compared to the same month
North Macedonia: Electricity production rises amid shifts in energy mix Read More »
Three years after Greece passed legislation to kickstart offshore wind farm development, progress remains minimal, leaving the country increasingly lagging behind other European nations in this fast-growing sector. Greece was initially recognized for its exceptional offshore wind potential, especially in the Mediterranean region. However, no tangible steps have been taken to harness this advantage. Early
Greece falls behind in offshore wind development despite early promise Read More »
Greece has taken a major step forward in its energy infrastructure by launching the Attica-Crete electricity interconnection, marking a transformative moment for Crete, the country’s largest island. This milestone goes beyond technical achievement — it reshapes Crete’s role within the national energy network. The interconnection, developed by Ariadne Interconnection, a subsidiary of the Greek electricity
Coalmine and Thermal Power Plant (RiTE) Gacko has issued a public tender to select a contractor for excavation, loading, transportation, disposal, and land leveling as part of its mine expansion project. The contract’s estimated value is up to 5 million euros, excluding VAT. The work will be carried out at the PK Gacko surface mining
A major overhaul has commenced at the coal-fired thermal power plant Gacko, following a period of strong production and solid financial results for the company. This was confirmed by Maksim Skoko, director of the Gacko coalmine and thermal power plant (RiTE Gacko). The overhaul is expected to last 70 days, with the plant planned to
Bosnia and Herzegovina: Gacko TPP begins major overhaul amid strong performance Read More »
Brent oil futures for the Front Month on the ICE market reached their highest settlement price of the week on Monday, May 19, at $65.54 per barrel. After that, prices declined, hitting the weekly low of $64.44 per barrel on Thursday, May 22. By Friday, May 23, prices had slightly recovered by 0.5 percent from
In the fourth week of May, average electricity prices decreased in most major European markets compared to the previous week. The MIBEL markets of Spain and Portugal saw the most significant percentage drops, with prices falling by 46 percent and 48 percent, respectively. In contrast, some markets experienced slight increases. Italy’s IPEX market recorded a
During the week of May 19, electricity demand declined in most major European markets compared to the previous week. Belgium recorded the largest decrease at 1.9 percent, while Italy and France saw the smallest reductions, both at 0.2 percent. In Portugal, electricity demand dropped by 0.6 percent. In contrast, Germany, Great Britain, and Spain reversed
European electricity demand trends: Mixed movements amid temperature changes in late May Read More »
