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Negotiations Intensify Over NIS Ownership Amid Geopolitical Shifts

Current discussions between Gazprom Neft and MOL Group are focused on the potential sale of the Russian company's stake in Serbia's NIS. The objective...

Serbia’s NIS Set for Operational Shift as MOL Takes Control, ADNOC Joins Governance

Recent negotiations have outlined a significant shift in the management structure of Serbia's oil company, NIS. Hungary's MOL is positioned to take operational control...

Hungarian MOL Group and UAE’s ADNOC in Negotiations for Stake in Serbia’s NIS

The energy market in Central and Southeastern Europe is witnessing significant developments as Hungarian energy major MOL Group engages in negotiations to acquire a...

Serbia: ADNOC emerges as leading bidder for sanctioned Russian stake in NIS

Abu Dhabi National Oil Company (ADNOC) has reportedly emerged as the leading contender to acquire the 56.15 % stake held by Russian companies in...

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Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...