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MOL fined €122,000 by Hungary’s central bank for delayed Druzhba disclosure

Hungary’s central bank has imposed a €122,000 fine on oil and gas group MOL for failing to promptly disclose information linked to a disruption...

Crude Oil Deliveries to Central Europe Set to Resume via Druzhba Pipeline

Following the completion of repair works on the Druzhba pipeline, crude oil deliveries to Central Europe are poised to restart, as confirmed by MOL...

Hungary threatens gas cuts to Ukraine amid Druzhba pipeline oil dispute

Hungary's Prime Minister Viktor Orban has issued a warning regarding potential reductions in natural gas deliveries to Ukraine, contingent upon the resumption of Russian...

Hungary Considers Energy Supply Cut to Ukraine Amid Druzhba Pipeline Dispute

Hungary has indicated a potential suspension of electricity and natural gas deliveries to Ukraine, contingent upon the restoration of crude oil flows through the...

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EU proposal could transform green certificate and CBAM electricity trade in Western Balkans

A European Commission proposal to recognise renewable Guarantees of Origin from Energy Community countries could increase the commercial value of Western Balkan renewable electricity,...

EPS opens renewable M&A channel for Serbian wind, solar and hybrid projects

Serbia’s state-owned power utility EPS has opened a formal channel to acquire or partner with privately developed renewable energy projects of at least 50...

EU moves to open green certificate market to Western Balkan renewable generators

The European Commission has proposed mutual recognition of renewable Guarantees of Origin (GOs) between the European Union and the Energy Community, a move that...

World Bank-backed €50 million programme targets district heating in Pljevlja

Pljevlja transition programme and heating measures Montenegro is preparing an approximately €50 million World Bank-backed investment programme for Pljevlja. The effort targets district heating, cleaner...

Romania delays Cernavodă restart amid Danube drought, extending nuclear outage

Romania is unlikely to restart either reactor at the Cernavodă nuclear plant for at least another 10 days, pushing recovery beyond mid-September. The delay...