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MOL and Serbia agree key terms for NIS shareholder deal, refinery guarantees included

Negotiations over the future ownership structure of Serbia’s NIS have reached a major milestone, with Serbian authorities and Hungary’s MOL reportedly resolving all key...

MOL gets two-week extension for talks on GazpromNeft stake in Serbia’s NIS

MOL Group has received a two-week extension to continue negotiations with GazpromNeft regarding the possible acquisition of the Russian ownership stake in NIS. The...

Hungarian MOL Group and UAE’s ADNOC in Negotiations for Stake in Serbia’s NIS

The energy market in Central and Southeastern Europe is witnessing significant developments as Hungarian energy major MOL Group engages in negotiations to acquire a...

MOL and GazpromNeft’s Transaction Could Enhance NIS Supply Dynamics

Croatian Prime Minister Andrej Plenkovic has indicated that the forthcoming transaction between Hungarian energy company MOL and Russian firm GazpromNeft, involving the sale of...

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SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...