News

734 GWh of electricity produced in FBiH in February – Bosnia and Herzegovina, 29 March 2017

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) in February 2017 amounted to 734 GWh, which is 3.82 % more than in the same month 2016, when the production amounted to 707 GWh. Net electricity production amounted to 658 GWh, of which 167 GWh (25.4 %) was produced in hydropower plants, while […]

Tender for procurement of diesel fuel due to low reserves – Serbia, 28 March 2017

Serbian Minister of Energy and Mining Aleksandar Antic stressed that Serbia has oil reserves sufficient for about ten days, adding that a tender for the procurement of additional amounts is already in progress. Minister Antic said that a tender for the procurement of diesel fuel worth around 10.5 million euros is in progress which is […]

ExxonMobil and OMV Petrom withdrew from Midia Deep perimeter – Romania, 28 March 2017

Romanian oil company OMV Petrom, a subsidiary of Austrian OMV Group, and its US partner ExxonMobil decided to withdraw from the Midia Deep oil concession in the Romanian part of the Black Sea, which they took over from Sterling Resources in 2014. The reason for the withdrawal is that consortium would like to focus on […]