Slovenia finalizes legal path for Velenje mine shutdown ahead of 2033 coal exit Read More »

Slovenia finalizes legal path for Velenje mine shutdown ahead of 2033 coal exit

The Slovenian Government has approved a draft law outlining the gradual shutdown of the Velenje coalmine, marking a major step toward fulfilling the country’s pledge to phase out coal by 2033. Natural Resources and Spatial Planning Minister Jože Novak explained that the proposal has been under development for an extended period, and the Ministry aims […]

Serbia warns Pancevo refinery will shut down without new U.S. license Read More »

Serbia warns Pancevo refinery will shut down without new U.S. license

Serbian President Aleksandar Vučić announced that the Pančevo refinery, operated by oil company NIS, will be forced to halt operations on 2 December unless the United States grants a license allowing the company to continue working under the existing sanctions framework. President Vučić warned that, without this authorization, Serbia will need to secure alternative channels

Romania breaks ground on 96 MW Ansthall wind farm, securing power for 89,000 homes Read More »

Romania breaks ground on 96 MW Ansthall wind farm, securing power for 89,000 homes

Construction is underway on a new 96 MW wind farm in eastern Romania, marking another milestone in the country’s accelerating shift toward renewable energy. The Ansthall wind farm, located in Galați County, is expected to produce around 309 GWh of electricity annually, enough to power approximately 89,000 households. The project will feature 15 Vestas turbines

Romania secures €192 million EBRD package for 531 MW of new solar capacity Read More »

Romania secures €192 million EBRD package for 531 MW of new solar capacity

Romania’s renewable energy sector is poised for a significant expansion following a new financing agreement coordinated by the European Bank for Reconstruction and Development (EBRD). The Bank has arranged a €192 million loan package to support the development of three large-scale solar power plants with a combined installed capacity of 531 MW. The projects are

Montenegro restarts TPP Pljevlja after €70 million environmental overhaul Read More »

Montenegro restarts TPP Pljevlja after €70 million environmental overhaul

Thermal power plant Pljevlja resumed operation on the morning of 30 November after completing an extensive, months-long reconstruction project worth 70 million euros. Acting EPCG CEO Bojan Djordan stated that the initial restart proceeded smoothly, adding that the coming period will be crucial in determining whether all newly installed systems function at the required standards.

North Macedonia restores strategic oil pipeline to reduce import dependence Read More »

North Macedonia restores strategic oil pipeline to reduce import dependence

North Macedonia’s Government announced that the oil pipeline connecting Thessaloniki and Skopje is expected to return to service before the end of the year, ending more than a decade of inactivity. Prime Minister Hristijan Mickoski stated that the pipeline had deteriorated significantly after years without maintenance, but that rehabilitation works are now progressing steadily. Pressure

Hungary: MOL restructures into full holding company to boost efficiency and strategic oversight Read More »

Hungary: MOL restructures into full holding company to boost efficiency and strategic oversight

Hungarian oil and gas group MOL has secured shareholder approval to transition into a full holding-company structure, a move the company says will better reflect how its operations already function and bring it in line with global energy-sector standards. The restructuring aims to make MOL more agile in decision-making, more responsive to market shifts, and

Hungary considers expanding energy footprint from Russia to Serbia’s NIS Read More »

Hungary considers expanding energy footprint from Russia to Serbia’s NIS

During a meeting in Moscow between Russian President Vladimir Putin and Hungarian Prime Minister Viktor Orbán, the two leaders discussed the possibility of Hungary acquiring stakes in Russian oil companies impacted by the latest round of US sanctions. Russian Deputy Prime Minister Alexander Novak emphasized that Hungary has been a longstanding and reliable energy partner

Region: Greece–Bulgaria interconnector emerges as main gas supply route Read More »

Region: Greece–Bulgaria interconnector emerges as main gas supply route

Between its launch in October 2022 and the end of October 2025, the Greece–Bulgaria Gas Interconnector (IGB) has transported more than 39 million MWh of natural gas northward into Bulgaria, along with nearly 2 million MWh sent back into Greece through virtual reverse-flow operations. In just the first ten months of 2025, over 8.4 million

Bulgaria walks a tightrope: Sanctions, diplomacy and the uncertain future of Lukoil Read More »

Bulgaria walks a tightrope: Sanctions, diplomacy and the uncertain future of Lukoil

Prime Minister Rosen Zhelyazkov stated that the long-term outlook of the Lukoil Group in Bulgaria will largely depend on the broader diplomatic dialogue between Washington and Moscow. He emphasized that the company’s future is closely tied to efforts to end the war in Ukraine and achieve a durable peace agreement. Addressing questions on whether the

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