Photo: Andreja Krašna

The Romanian commodities exchange BRM has reached a deal to acquire its Bulgarian gas counterpart Betp, in a move which should deepen regional cooperation in natural gas trading, it said on Friday.

Photo: TAP AG

European gas prices fell on Friday after Russia relaxed rules on the use of foreign currency to pay for its supplies and the potential for mild weather towards late December stoked bearish sentiment.

Photo: Montel

Long-term auctions for the Romania-Serbia border will start this month, JAO, the main service provider for European TSOs, said late on Wednesday, after launching a technical go-live on this border.

Photo: Roman Peklaj

Hungary will likely continue buying gas from Russia as low prices and Budapest’s strong political ties with Moscow fly in the face of other EU nations seeking alternative supplies, analysts said.

Photo: TAP AG

Russia has relaxed rules on the use of foreign currency to pay for its natural gas via Gazprombank, the country's presidency announced late on Thursday.

Photo: www.riteugljevik.com

The 300 MW Ugljevik coal-fired power plant in Bosnia and Herzegovina (BiH) was taken offline on 30 November for an indefinite timeframe, the plant’s operator Rite Ugljevik said on Wednesday.

Photo: Mercados – Aries International

The Romanian government’s decision to eliminate double taxation on energy storage facilities is expected to boost their uptake and help integrate more renewables into the market, a local developer

Photo: Montel

Kosovo needs to expedite the construction of a new reservoir and bolster security around its critical infrastructure as tensions continue to simmer in the northern region, energy expert Arben Gjukaj

Photo: Roman Peklaj

Bulgaria’s Chiren gas storage facility looked set to double capacity to 1bcm from early next year, enabling the country to secure sufficient supply over the winter, the energy minister said on

Photo: Roman Peklaj

Non-EU countries in east Europe are unlikely to secure exemption from an EU carbon tax on electricity imports due their delayed alignment with the EU, said the head of representative body the Energy

Photo: Mercados – Aries International

Hungary seeks to add 500 MW battery storage by mid-2026 to help curtail power price spikes during peak hours, the country's energy minister said on Monday.

Photo: InnoEnergy

The European Commission has approved Bulgarian plans to grant up to EUR 590m (BGN 1.15bn) to encourage investments in projects to add at least 3 GWh of electricity storage capacity to the country’s