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: DOTI 2009

Bulgaria’s ambition to install 500 MW of offshore wind by 2030 is “completely unachievable” due to political chaos and a lack of infrastructure, a senior analyst from Veyt told Montel on

Photo: Energija Projekt

Political uncertainty in Romania amid parliamentary and presidential elections have created investment jitters within the energy sector, which could slow down the country’s green transition, market

Photo: Montel

Serbia’s new energy strategy envisions 73% of its power mix to come from green sources by 2040 but a local energy consultant told Montel this was unlikely.

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: Roman Peklaj

Electricity prices in southeast Europe slumped over the last week amid higher hydropower output, improving lignite-fired unit availability and lower demand on the back of milder weather and public

Photo: Roman Peklaj

Bulgaria’s intraday power trading volumes have surged thanks to a growing capacity of intermittent renewable energy, traders told Montel.

Photo: Woodburn Capital

Europe’s recent boom in solar installations will slow as flagging profits due to negative prices and sluggish electrification efforts dent investment in new projects, the sector’s main lobby has