Swiss commodities trader Gunvor has withdrawn its proposal to acquire the foreign assets of Russian oil giant Lukoil, following strong opposition from the U.S....
Bulgarian President Rumen Radev has vetoed a recently adopted amendment that would have required the State Agency for National Security (SANS) to approve any...
The Bulgarian government has finalized a state-backed guarantee agreement with Investbank to support a long-term loan of €25 million for the state-owned gas transmission...
Montenegro’s state-owned power company EPCG has reported that the environmental reconstruction of the Pljevlja coal-fired thermal power plant has faced certain deficiencies and irregularities,...
Last week, Hungarian oil company MOL and Croatian state-owned transporter JANAF conducted joint tests on the JANAF pipeline, but results did not confirm that...
A ceremony marked the completion of the breakthrough phase of the headrace tunnel for Hydropower Plant (HPP) Dabar, one of the largest hydraulic tunnels...
Serbia’s state-owned power utility EPS is continuing its hydropower modernization program, following upgrades at the Bajina Bašta, Zvornik, and Đerdap 1 plants. The next...
Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking a major milestone in...
Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data from state-owned power utility...