The licence extension allows Serbia’s only crude-oil refinery to continue operating, but leaves the country exposed to Russian gas supply and sanctions-related risks.
OKTA’s net profit rose to 34.1 million euros in the first nine months of 2026 from 7.3 million euros a year earlier, while revenue increased 105% to 953 million euros. Expenses also climbed, rising 101% to approximately 891 million euros.
Turkey and South Korea signed three memorandums covering nuclear energy, clean technologies and industrial cooperation. A non-binding arrangement will let TUNAS and KEXIM examine financing structures for potential Turkish nuclear projects.
LNG inflows increased in Greece, Croatia and Italy in the week to November 1 compared with Week 43. Italy had the largest volume, while Greece recorded the biggest percentage gain.
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The gas transmission operators from Croatia, Plinacro, and Slovenia, Plinovodi, have reached an agreement aimed at enhancing the transport capacity at the Rogatec gas...
The Republic of Srpska (RS) is set to enhance its gas infrastructure significantly with the initiation of the Eastern Interconnection pipeline project, following a...
The feasibility study for the planned gas interconnection between Serbia and North Macedonia has been completed, marking a key step forward in the project’s...
Hungary’s natural gas transmission operator FGSZ and Slovakia’s Eustream have updated their Interconnection Agreement to expand gas transmission capacity from Hungary to Slovakia. Under...
Romania’s natural gas transmission system operator, Transgaz, and Serbia’s state gas company, Srbijagas, have signed a Memorandum of Understanding (MoU) to advance the development...
The independent transmission operator ICGB has finalized an interconnection agreement with Greece's natural gas transmission system operator DESFA at the interconnection point (IP) in...
Southeast Europe faces a growing power-system flexibility shortage as grids, storage and dispatchable capacity lag behind project growth and rising volatility. Country-level pressures range from heavy imports in Serbia to negative prices in Croatia and faster battery deployment in Bulgaria.
Kosovo enters its highest-demand months with the 260 MW B1 unit still unavailable, increasing reliance on electricity imports. The operator has not set a return date as regional prices and interconnector availability remain key variables.
Austria's Verbund has signed a power-purchase agreement for the first project selected in Albania's first wind auction to reach construction readiness. Commercial operation is targeted for the first quarter of 2028.
Bulgaria’s operating battery fleet was reported at 6.23 GW by late October, while EBRD and Raiffeisen are financing a new 246 MW battery at Tenevo. The reported fleet and energy-flow figures require verification against underlying data.
Buyers took 34,000 of 35,000 wind guarantees of origin offered in North Macedonia’s first auction. The sale adds a price-discovery mechanism to the country’s existing administrative framework.