Brent crude oil futures for the Front Month on the ICE market reached their highest settlement price of the week — $65.16/bbl — on Tuesday, November 11. After a 3.8% drop from the previous day, the weekly low was recorded on November 12 at $62.71/bbl. Prices then recovered in the final sessions of the week, […]
Europe: Brent oil rebounds, TTF gas hits six-month low in mid-November Read More »
During the second week of November, average electricity prices fell in most major European markets compared to the previous week. The only exceptions were Italy’s IPEX market and the Nordic Nord Pool market, where prices rose by 3.8% and 6.1%, respectively. France’s EPEX SPOT market recorded the largest decrease, with prices dropping by 34%. In
Europe: Electricity prices fall in most markets as wind output rises Read More »
During the week of November 10, electricity demand rose in most major European markets compared to the previous week. Portugal recorded the largest increase at 5.8%, while Germany posted the smallest rise at 1.1%. Demand also grew in Italy, Spain, and the United Kingdom by 2.2%, 2.9%, and 4.2%, respectively. All markets with rising demand
Europe: Electricity demand rises in most markets despite holiday dip Read More »
During the week of November 10, solar photovoltaic production declined across all major European markets compared to the previous week. Portugal recorded the steepest drop at 45%, while Italy experienced the smallest decrease at 11%. Production also fell in France, Spain, and Germany by 18%, 21%, and 27%, respectively. Looking ahead to the week of
Europe: Solar output falls, wind generation rises in mid-November Read More »
In October 2025, the Krsko nuclear power plant, jointly owned by Slovenia and Croatia, generated 29,621 MWh of net electricity, exceeding the planned monthly output of 24,000 MWh by 23.4 percent. The plant remained offline for most of the month due to scheduled maintenance and was reconnected to the grid on 28 October. In the
Slovenia: NPP Krsko exceeds planned output in October despite maintenance outage Read More »
Romanian natural gas producer Romgaz reported consolidated earnings of 480 million euros for the January–September 2025 period, an increase of 7 percent compared with the same interval in 2024. The third quarter was particularly strong. Net profit for the first nine months of 2025 climbed to 151 million euros, marking a 73 percent year-on-year increase.
Romania: Romgaz posts strong nine-month results with 73% profit surge Read More »
Sunday’s meeting in Athens between Greek Prime Minister Kyriakos Mitsotakis and Ukrainian President Volodymyr Zelenskyy produced the first set of agreements linked to the ongoing reshaping of regional energy flows. These deals align with the US strategy to phase out Russian natural gas from southeastern Europe and underscore the growing commercial activity related to Ukraine’s
Greece and Ukraine seal first energy deals as U.S. pushes LNG strategy Read More »
PPC has completed construction of a 36 MW wind farm in the Fokida region of central Greece, with full commercial operation scheduled for next year. The project is expected to generate about 82.5 GWh of electricity annually—enough to supply nearly 20,000 households—while reducing CO₂ emissions by approximately 41,250 tons per year. Located in the Karkaros
Greece: New PPC wind farm in Fokida to power 20,000 households Read More »
According to short-term energy statistics published by the Croatian Bureau of Statistics, Croatia generated 834 GWh of electricity in September 2025, a decrease of 19.3 percent compared to the same month in 2024, when production reached 1,034 GWh. Of the total electricity produced in September, hydropower plants accounted for 228 GWh (27.3 percent), thermal power
Croatia: Electricity production drops 19% in September amid lower hydro output Read More »
Energy Minister Zhecho Stankov stated that Bulgaria is not subject to any additional U.S. conditions for the recently approved sanctions exemption for Lukoil to take effect. He said that Washington’s decision to postpone enforcement has eased the pressure seen in recent weeks, and noted that the waiver could be extended again if necessary. According to
Bulgaria confirms no extra U.S. conditions for Lukoil sanctions waiver Read More »
