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
Serbia: Gazprom races to sell 11.3% stake in NIS as talks with MOL intensify
Negotiations on the sale of part of Serbian oil company NIS have entered an accelerated phase, with Russian Gazprom seeking
Romania expands renewables with Eximprod’s new 38.4 MW Cudalbi 2 wind project
Eximprod has commissioned the Cudalbi 2 wind farm, a 38.4 MW facility that ranks among the most advanced renewable energy
Montenegro rules out electricity price hike as energy investments accelerate
Energy and Mining Minister Admir Sahmanović stated that the Government does not plan to increase electricity prices, although future decisions
Greece revisits wholesale power surge despite no evidence of manipulation
This renewed scrutiny comes despite an earlier investigation by RAAEY, which did not find evidence of market manipulation or improper