The Republic of Srpska (RS) is pressing ahead with a major expansion of its hydropower sector, driven by significant untapped water resources that remain far below their full potential, according to Minister of Energy and Mining Petar Đokić. Current assessments indicate that only about one-third of the entity’s hydropower capabilities have been developed so far, […]
A U.S. private company could take over the construction and operation of the long-delayed gas pipeline linking Bosnia and Herzegovina with Croatia’s gas network, according to a proposal presented by U.S. Charge d’Affaires in Sarajevo, John Ginkel. He introduced the idea during a meeting with leaders of the political parties that form the governing coalition
There is no company in Serbia whose fate is as closely watched — and as quietly contested — as NIS, the country’s dominant oil and gas enterprise and one of the most powerful corporate forces in the Western Balkans. For years, NIS has stood as the embodiment of Serbia’s energy system: vast, profitable, strategically crucial, and
Azerbaijan’s rise in Serbia did not happen loudly. It happened through pipelines, memoranda, presidential visits, and a carefully constructed image of Baku as a reliable, forward-looking supplier. What began as a small diplomatic relationship has grown into one of the most strategically significant energy partnerships in the Western Balkans. Today, Azerbaijan is positioning itself as a
For more than half a century, the Balkans lived inside a predictable energy ecosystem: electricity from domestic coal, oil and gas pipelines dominated by Russia, and infrastructure built in the socialist era. But the past decade — and especially the post-2022 global energy upheaval — has shattered that old order. A new geometry is forming.
When Australian-listed Strickland Metals began drilling into the steep slopes of Rogozna mountain in southern Serbia, few outside the mining sector paid attention. Serbia is no stranger to foreign miners, and the Raška region — a rugged landscape historically tied to the sprawling Trepča mineral complex — has seen exploration come and go for decades.
Serbia creates new gas infrastructure operator as sector unbundling advances Read More »
Serbia is moving to restructure its gas sector by creating a new company, Gas Infrastruktura, which will take over the management and ownership of the country’s gas transmission system. Under the Government’s plan, Srbijagas will no longer handle transmission operations and will instead focus solely on supplying the domestic market. Energy Minister Dubravka Đedović explained
Serbia: NIS launches surfactant–polymer injection project to boost production at Velebit Read More »
Serbian oil company NIS has received environmental clearance to start testing an enhanced oil recovery (EOR) method at the Velebit production field. The approval covers the environmental impact assessment prepared for the project, for which NIS issued a tender in August. The pilot project involves constructing a system to assess the performance of injecting a
Serbia seeks U.S. license as NIS ownership negotiations advance Read More »
Serbian President Aleksandar Vučić announced that Russian shareholders are currently negotiating with three potential buyers for their stake in oil company NIS, and that the talks are approaching a conclusion. He added that Serbia will soon begin discussions with U.S. officials to obtain a special license that would enable the Pančevo refinery to continue operating
Romania prepares emergency legislation to enable sale of Lukoil’s petrotel refinery Read More »
Romania is preparing special legislation to enable the sale of Lukoil’s local assets, including the Petrotel refinery, marking a shift in strategy after Energy Minister Bogdan Ivan initially argued that the state should take direct control of the facility rather than request additional time under the U.S. sanctions deadline of 21 November. The United States
