Serbia has taken another institutional step in restructuring its gas sector by formally designating a company to oversee and manage the country’s natural gas transmission system. The government confirmed the move at its most recent session, finalizing a process that has been ongoing for more than a year. Transportgas Srbija has been named the national […]
Serbia: NIS sees major ownership shift as Russian stake sold to MOL Read More »
Serbian oil company NIS has entered a new ownership phase following months of US sanctions and negotiations over its shareholder structure. The Russian stake in the company has now been sold, marking a significant shift in control. The 56.15% share previously held by Russian interests has been transferred to Hungary’s MOL, making it the company’s
Verbund Green Power has taken a major step toward scaling up its European wind portfolio by formalizing a long-term cooperation with the Nordex Group, establishing a framework that could support the delivery of up to 700 MW of new onshore wind capacity through the remainder of the decade. The agreement outlines the conditions under which
Romania: Winter cold drives gas consumption up, prices surge on tight supplies Read More »
Winter demand is placing significant pressure on Romania’s natural gas system, as colder temperatures trigger rapid use of seasonal reserves and push domestic prices higher. Latest figures indicate that roughly one third of the gas set aside for the heating season has already been consumed. After a relatively mild December, January brought a sharp drop
Romania: Electricity and industrial output projected to grow gradually through 2029 Read More »
Romania’s electricity and heat generation is expected to see a gradual increase in the coming years, with modest growth projected for 2026 and steady gains extending through 2029, according to the autumn edition of the National Strategy and Forecast Commission’s outlook for 2025–2029. The Commission forecasts that energy production and supply will rise by 0.8%
Bulgaria: Power output falls as consumption rises, boosting imports in early 2026 Read More »
According to data published by Bulgaria’s electricity transmission system operator ESO, electricity production in Bulgaria declined by 2.45% year-on-year in the period from 1 January to 18 January 2026, reaching a total of 2.37 TWh. Over the same period, electricity consumption increased by 4.18%, amounting to 2.52 TWh, resulting in net electricity imports of 156
A large-scale solar investment could soon materialize in the eastern part of the Republic of Srpska (RS) after local company SolarWin formally submitted a request for a concession to develop a solar power plant in the municipality of Gacko. The proposed project carries an estimated investment value of around €85 million, positioning it among the
Bosnian state-owned power utility ERS has completed the selection process for a contractor to prepare the preliminary design and feasibility study for the planned Ustibar hydropower plant, also known as Mrsovo 2. A consortium made up of local companies CPK and Radis, together with Croatia’s Elektroprojekt and the Hrvoje Požar Energy Institute, submitted the winning
Slovakia deepens US nuclear cooperation to cut Russian energy dependence Read More »
Slovakia has taken a significant step toward reshaping its long-term energy strategy by formalizing closer cooperation with the United States in the field of civilian nuclear power. The move is aimed at reducing the country’s reliance on Russian energy technologies and fuel supplies, while strengthening energy security within the European Union. The agreement was signed
Serbia: Pančevo refinery resumes operations after two-month shutdown Read More »
Fuel production has resumed at the Pančevo oil refinery in Serbia after an almost two-month shutdown, restoring a critical part of the country’s energy supply chain. According to Energy Minister Dubravka Djedovic, nearly 2,000 employees have returned to work, and eurodiesel supplies are expected to reach petrol stations from 27 January. The minister emphasized that
