Slovenia: Šoštanj Unit 6 shutdown extended after preventive repairs ordered Read More »

Slovenia: Šoštanj Unit 6 shutdown extended after preventive repairs ordered

Unit 6 of the Šoštanj thermal power plant was intentionally taken offline in mid-November to conduct post-overhaul testing on its gas turbine. During this planned shutdown, engineers performed an additional inspection and determined that one of the unit’s grates required preventive repair. Until the repair was completed, the plant met heat supply needs through its […]

Serbia moves to secure legal path for takeover of NIS amid sanctions crisis Read More »

Serbia moves to secure legal path for takeover of NIS amid sanctions crisis

Parliament Speaker Ana Brnabić announced that the Government will introduce an amendment to the 2026 draft budget that would allow Serbia to assume ownership of the oil company NIS, currently majority-owned by Russia’s Gazprom. Brnabić explained that the amendment follows discussions President Aleksandar Vučić held with several political parties and is intended to establish a

Romania: Three international bidders show interest in acquiring Lukoil assets Read More »

Romania: Three international bidders show interest in acquiring Lukoil assets

Three prospective buyers from Romania, the European Union and the United States have expressed interest in acquiring Lukoil’s Romanian assets, which include the Petrotel refinery, a nationwide fuel distribution network and an offshore exploration block. Energy Minister Bogdan Ivan confirmed the developments, noting that some bidders are pursuing a broader, global acquisition of Lukoil’s international

Bosnia and Herzegovina: ERS withdraws 20% electricity price hike after backlash Read More »

Bosnia and Herzegovina: ERS withdraws 20% electricity price hike after backlash

The Energy Regulatory Commission of the Republic of Srpska (RERS) has stopped the procedure for a proposed 20 percent electricity price increase after the state-owned power utility ERS abruptly withdrew its request. The withdrawal followed revelations that ERS director Luka Petrović had not informed the Government about the planned tariff hike and had misled the

Bosnia and Herzegovina sees higher power output, strong rise in wind and solar Read More »

Bosnia and Herzegovina sees higher power output, strong rise in wind and solar

Data from the Agency for Statistics of Bosnia and Herzegovina shows that gross electricity production reached 1,061 GWh in September 2025, slightly higher than the 1,047 GWh recorded in the same month of 2024. Hydropower plants accounted for 20.7 percent of total gross production, thermal power plants for 71.6 percent, while wind and solar made

Albania: Electricity production drops 31% in Q3 2025 as imports surge Read More »

Albania: Electricity production drops 31% in Q3 2025 as imports surge

Data published by the Albanian Institute of Statistics (INSTAT) shows that electricity production in the third quarter of 2025 reached 1,075 GWh, a decline of 31.3 percent compared to the same period in 2024, when output totaled 1,564 GWh. Despite the drop in domestic generation, Albania increased its electricity exports. Outbound flows rose by 10.8

Region: Hungary strengthens energy ties with Romania through joint nuclear extension plan Read More »

Region: Hungary strengthens energy ties with Romania through joint nuclear extension plan

Hungary and Romania have reached an agreement to deepen cooperation on extending the operational lifetimes of their nuclear power plants—Paks in Hungary and Cernavoda in Romania. The announcement came from Hungarian Foreign Minister Peter Szijjártó during his visit to Bucharest, where he emphasized Romania’s growing strategic importance in Hungary’s overall energy security framework. Szijjártó stated

Hungary: Foreign Minister offers support as Serbia faces oil supply crisis Read More »

Hungary: Foreign Minister offers support as Serbia faces oil supply crisis

Hungarian Foreign Minister Peter Szijjártó arrived in Belgrade to discuss how Hungary can help Serbia after the suspension of crude oil deliveries from Croatia. His visit comes amid growing concerns in Serbia, following President Aleksandar Vučić’s warning that the NIS refinery in Pančevo could halt operations within days unless US sanctions are lifted, potentially disrupting

Slovenia: Net electricity generation drops 49% in October 2025 Read More »

Slovenia: Net electricity generation drops 49% in October 2025

Slovenia’s net electricity generation fell sharply in October 2025, declining by 49 percent compared to the same month last year, according to data from the Statistical Office of the Republic of Slovenia. Total net output reached 766 GWh, an 18 percent decrease from September. Thermal power plant generation increased by 7 percent year-on-year, while hydropower

Serbia: Government moves to resolve NIS ownership deadlock within three months Read More »

Serbia: Government moves to resolve NIS ownership deadlock within three months

Serbian President Aleksandar Vučić announced that the Government has unanimously endorsed his proposal to give the Russian side 50 days to identify a new buyer for NIS. If no agreement is reached within that timeframe, Serbia plans to intervene, appoint its own management, and then offer Russia the highest price it can reasonably pay for

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