Serbia: NIS ownership shift nears completion as Russia moves to sell its stake
Russian shareholders have agreed to sell their 56.15% stake in the Serbian oil company NIS, according to Minister of Mining […]
Bulgaria takes control of Lukoil operations as company considers court response
Russian oil company Lukoil announced that it may pursue legal action if it determines that its rights or legitimate interests
Serbia boosts emergency fuel reserves amid sanctions pressure on NIS
Serbia has intensified efforts to strengthen its emergency fuel reserves in the coming weeks. As part of the plan, the
Serbia seeks short-term extension of Gazprom gas deal amid EU policy uncertainty
Serbia’s long-term natural gas strategy has entered a period of uncertainty, prompting Belgrade to prioritize extending its current supply arrangement
Romania: Transgaz net profit soars to €136 million, nearly fivefold increase year-on-year
Romania’s natural gas transmission system operator Transgaz posted a significant improvement in its financial results for the first nine months
Romania: Transelectrica’s nine-month profit drops 56% amid lower revenues and higher costs
Romania’s electricity transmission system operator Transelectrica closed the first nine months of 2025 with a net profit of €36.6 million,
Romania: ib vogt secures €55 million for 68.4 MW solar project
A major solar project in Romania has advanced to its next phase after German renewables developer ib vogt GmbH secured
Montenegro: Gvozd wind farm nears trial operations for late 2025
Montenegro’s state-owned power utility EPCG is advancing steadily toward the commissioning of its first wind power plant, the 55 MW
Region: Chevron joins bidders eyeing Lukoil’s international assets after U.S. sanctions shift
US energy giant Chevron is evaluating selective opportunities to acquire parts of the international portfolio of Russian oil company Lukoil,
Europe must double grid investment to meet 2050 targets, industry says
More than one-third of Europe’s low-voltage electricity networks are already over 40 years old, and without decisive action that share
Europe: Brent oil rebounds, TTF gas hits six-month low in mid-November
Brent crude oil futures for the Front Month on the ICE market reached their highest settlement price of the week
Europe: Electricity prices fall in most markets as wind output rises
During the second week of November, average electricity prices fell in most major European markets compared to the previous week.