Restoration work at MOL’s flagship Danube refinery is now expected to continue into the third quarter of 2026, after which the facility is planned to resume full operations. The extended outage follows a fire in October at the refinery’s AV3 crude distillation unit. An internal technical review determined that the incident was caused by a […]
Electricity consumers are increasingly shifting away from variable pricing in favor of long-term cost certainty, driving a rapid expansion of fixed-price electricity supply contracts over the past year. The pace of switching has accelerated to around 73,000 new fixed-rate agreements per month, putting the market on track to approach two million contracts in early 2026.
Bulgaria’s only nuclear power plant, Kozloduy, has announced another shutdown of its 1,000 MW Unit 6, which is scheduled to go offline on 22 December after a malfunction was detected in a safety-related component of the turbine system. The issue emerged while the reactor was in operation and affects the protective membrane of the steam
Energy regulators from five countries have approved a new framework for gas transit capacity linking Greece with Ukraine, paving the way for coordinated cross-border capacity auctions through the end of April 2026. The decision follows a joint proposal submitted by the transmission system operators of Bulgaria, Greece, Romania, Ukraine and Moldova, aimed at strengthening regional
Energy is where the geopolitical lens usually dominates, but the underlying economics are straightforward. Serbia is part of the wider European power and gas system whether anyone likes it or not: it is physically interconnected, exposed to EU rules on cross-border trade, influenced by European carbon pricing and indirectly hit by CBAM, green taxonomies and
Industrial Europe is entering a period defined not by incremental improvements, but by structural transformation. Energy systems are decarbonising under the combined forces of industrial policy, climate strategy and geopolitical competition. Production systems are electrifying, digitising and reorganising around efficiency, supply-chain security and sustainability. Capital is being redirected through green taxonomies, EU industrial policy instruments,
As European capital returns to mining, it is not returning to the same industry logic. The traditional junior mining model — raise money on a discovery story, sell excitement, focus on the drill program, and treat downstream as “somebody else’s future problem” — is increasingly incompatible with the way European investors think today. Europe is
Why European funds back SEE and Serbian mining juniors with downstream optionality Read More »
European capital has returned to the mining conversation — but it has not returned blindly. Unlike previous commodity cycles driven by enthusiasm, retail speculation or thematic hype, Europe’s renewed engagement with minerals is structured, policy-aware and deeply strategic. European investors today do not simply ask which metal might perform well on spot markets. They ask
Electricity in South-East Europe has already become a shared risk ecosystem. Oil and gas are not far behind — they are simply at a more politically sensitive and strategically uncomfortable stage of recognition. For a long time, SEE countries managed hydrocarbons as largely national sovereignty domains: national gas strategies, national refinery issues, national storage, national
For more than a decade, the strategic ambition guiding South-East Europe’s electricity evolution has been clear: integrate, harmonise, align with European rules, deepen liquidity, strengthen competition and build a regional market architecture that supports stability, investment and security of supply. On paper, this strategy has worked. Market coupling initiatives advanced. SEEPEX evolved. Transmission interconnectors improved.
