US gives Serbia three months to remove Russian ownership from NIS
The United States has given Serbia a three-month deadline to find a new owner for oil company NIS, whose majority […]
Romania: New 130 MW PPC solar power plant near Bucharest now fully operational
PPC Group has commissioned a new 130 MW solar power plant in Romania, located in the Călugăreni area approximately 40
Romania: Electricity consumption slightly down, production falls 6% in 2025
According to data published by Romania’s National Institute for Statistics (INS), electricity consumption in the first nine months of 2025
Montenegro: TPP Pljevlja set to resume production by 1 December after major overhaul
Coal-fired thermal power plant Pljevlja is expected to resume electricity production no later than 1 December, according to EPCG’s Director
North Macedonia: Makpetrol reports 19% profit growth in first nine months of 2025
Macedonian fuel retailer Makpetrol reported a non-consolidated net profit of 14.7 million euros for the first nine months of 2025,
Hungary: US lifts sanctions on Paks nuclear expansion project
The United States has lifted sanctions related to the construction of new units at Hungary’s Paks nuclear power plant, a
Croatia launches upgrade plan for TPP Jertovec to replace aging gas turbines
Thermal power plant Jertovec, located near Konjščina in the Hrvatsko Zagorje region, plays a key role in Croatia’s electricity system.
Bosnia and Herzegovina: HPP Visegrad increases monthly production, still below last year’s level
The hydropower plant Visegrad, operated by ERS subsidiary Hidroelektrane na Drini, generated 37.91 GWh of electricity in October 2025. This
Region: US extends license for Lukoil asset transactions until 13 December
The US Department of the Treasury’s Office of Foreign Assets Control has issued a new license allowing transactions related to
Region: Carlyle eyes acquisition of Lukoil’s global assets amid intensifying U.S. sanctions
US private equity firm Carlyle is examining the possibility of acquiring segments of Lukoil’s international portfolio, as Washington intensifies sanctions
Slovenia: Government reports progress on 28 MW Mokrice hydropower plant
The National Assembly expects the Government to accelerate development of the Mokrice hydropower plant and to submit progress reports every
Serbia: Novi Sad launches €110 million solar-thermal upgrade of district heating system
A major modernization of Novi Sad’s district heating system will include the construction of a large solar-thermal plant, a seasonal