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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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Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...