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
Romania: Retele Electrice launches €26 million tender to upgrade power grid
Retele Electrice Romania, part of the PPC group, has launched a major public procurement process to acquire advanced equipment for
Montenegro: Jugopetrol to pay €1.29 dividend per share from retained profits
Montenegrin fuel retailer Jugopetrol has announced it will distribute a gross dividend of €1.29 per share for this year, maintaining
Hungary to import up to 8.5 billion cubic meters of Russian gas in 2025
Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó announced that Hungary plans to import between 8 and 8.5 billion
Bulgaria advances Vertical Gas Corridor as regional energy hub
Bulgarian Energy Minister Zhecho Stankov announced that another shipment of pipes is expected to arrive at the port of Burgas
Bosnia and Herzegovina: Tuzla officials oppose gas storage project over safety concerns
Plans to build Bosnia and Herzegovina’s first natural gas storage facility have sparked strong opposition, particularly from representatives of the