Slovenia: Petrol halts investments and plans station closures amid stricter fuel price controls
Slovenian energy company Petrol has announced a series of immediate measures in response to the government’s recent fuel price controls. […]
Serbia: NIS seeks extension of US sanctions license to continue operations beyond June 27
Serbian oil company NIS has submitted a new request to the US Department of the Treasury for a special license
Serbia: EU’s Russian gas import ban excludes non-member states
The European Commission’s draft regulation to phase out imports of Russian natural gas applies only to EU member states, leaving
Romania: Romgaz advances deep drilling at Caragele gas field to unlock new resources
In June, Romgaz began drilling operations for the 54 Damianca well in the Caragele gas field, aiming to reach a
Romania: OMV Petrom secures long-term used cooking oil supply from Astra Bioplant for sustainable fuel production
OMV Petrom has finalized a major supply agreement with Astra Bioplant, a leading Bulgarian producer of biodiesel and a member
Montenegro: Construction progresses on Gvozd wind farm, a major step in renewable energy transition
Concrete pouring has begun for the first of eight foundations that will support the wind turbines of the Gvozd wind
Hungary: MOL advances renewable energy expansion with new solar and battery project in Algyo
Hungarian oil and gas company MOL is advancing the development of a major renewable energy project in Algyo, located in
Bulgaria: Maritsa East complex to supply nearly half of household electricity, says Energy Minister
During a visit to the coal-fired thermal power plant Maritsa East 2, Bulgarian Energy Minister Zhecho Stankov underscored the critical
Europe: Natural gas prices surge amid Middle East Tensions and Strait of Hormuz risks
In Week 24 of 2025, natural gas prices in Europe surged amid rising geopolitical tensions in the Middle East. The
Region: SEE sees mixed electricity price trends amid rising demand and renewable surge in Week 24 of 2025
In Week 24 of 2025, electricity market prices declined across all Southeast European (SEE) countries except Italy and Türkiye. Despite
Slovenia: Distributors to invest over €150 million in smart grid modernization by 2026
Slovenia’s five leading electricity distribution companies—Elektro Primorska, Elektro Ljubljana, Elektro Gorenjska, Elektro Celje, and Elektro Maribor—are set to invest more
Serbia eyes new long-term gas deal with Russia amid EU energy shift
Serbia is currently negotiating a new long-term natural gas agreement with Russia, aiming to secure what it claims will be