Hungary: MOL CEO criticizes EU energy policy, warns against overreliance on LNG plans
MOL Group CEO Zsolt Hernadi has questioned the course of European Union energy policy, arguing that the company’s strong performance […]
companies
Montenegro: EPCG to relaunch SHPP Otilovici tender in August, pushing back commissioning timeline
Montenegrin state-owned power company EPCG is set to launch a new tender in August for the small hydropower plant (SHPP)
Bulgaria: Uni Energy seeks approval to acquire NIS Petrol Bulgaria
The Bulgarian Commission on Protection of Competition has received a notification from local company Uni Energy requesting approval to acquire
Montenegro: Jugopetrol reports €3.44 million profit in H1 2025 amid lower sales and spending
Montenegrin fuel retailer Jugopetrol posted a net profit of 3.44 million euros in the first half of 2025, significantly down
Serbia: Srbijagas director highlights ongoing US sanctions delays, stable operations at NIS
Dušan Bajatović, general director of the state-owned gas company Srbijagas and a member of the government team addressing US sanctions
Serbia: NIS Group maintains market stability despite loss in H1 2025
In the face of a challenging macroeconomic environment during the first half of 2025, the NIS Group remained committed to
Serbia: US Treasury extends sanctions delay on NIS for fifth time
The US Treasury Department has postponed the activation of sanctions on Serbian oil company NIS for an additional 30 days,
Romania: OMV Petrom and Romgaz invest €750 million in Neptun Deep offshore gas project to boost energy independence
OMV Petrom and the state-owned company Romgaz have announced a €750 million infrastructure investment for the Neptun Deep offshore gas
Croatia: HROTE, ENNA and CROPEX to hold new green energy GO auctions on 29 July 2025
HROTE, ENNA and CROPEX have announced new auctions for guarantees of origin (GOs), scheduled to take place on 29 July
Romania: Hidroelectrica partners with Waldevar Energy to build EU’s largest floating solar power plant
Romanian electricity producer Hidroelectrica has signed a 7.8 million euro contract with Waldevar Energy for the installation of a floating
Croatia: INA brings Jamarice-183 gas well online ahead of schedule, boosting domestic production
Croatian oil company INA has commenced production at its Jamarice-183 well, located in the Jamarice exploitation field around 100 kilometers
Bosnia and Herzegovina: Energopetrol profit drops in H1 2025
In the first half of 2025, Bosnian fuel retailer Energopetrol reported a net profit of approximately 250,000 euros, representing a