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Serbia Advances NIS Ownership Discussions as MOL–Gazprom Neft Deal Deadline Approaches

Negotiations concerning the ownership structure of the Serbian oil company NIS are progressing towards a critical juncture, with Serbian officials indicating constructive dialogue with...

MOL Secures Extension for NIS Acquisition Amid US Sanctions

Hungarian oil and gas firm MOL has successfully negotiated an extension from the US Treasury Department, allowing it to continue discussions regarding the acquisition...

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: Gazprom increases stake in NIS amid looming US sanctions

Despite the suspension of trading of Serbian oil company NIS shares on the Belgrade Stock Exchange following the announcement of US sanctions, a shift...

Serbia: Gazprom is the largest taxpayer in the country

Russian President Vladimir Putin, in a meeting with the winners of the Leaders of Russia competition, praised Gazprom Neft as the largest taxpayer in Serbia and emphasized its...

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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...