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Kazakhstan and Hungary finalize oil volume deal, but pricing talks delay first shipments

Kazakhstan's national oil company KazMunayGaz and Hungary's MOL Group have agreed on the volume of Kazakh oil to be delivered by pipeline to Budapest,...

Romania: OMV Petrom sold its Kazakhstan assets

OMV Petrom - largest Romanian oil and gas company entered the Upstream sector in Kazakhstan in 1998. All fields are located in the Mangistau...

Romania: KazMunayGas’ IPO scheduled for 2022

Kazakhstan plans to launch an initial public offering (IPO) of national oil company KazMunayGaz in 2022, after abandoning previous plans to list the company...

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Banatski Dvor expansion delays deepen Serbia’s reliance on Hungarian storage

Serbia’s Banatski Dvor underground gas storage expansion is experiencing further slippage, according to project timelines that have moved past the previously targeted end of...

Montenegro extends Sinjajevina wind project timeline to 2030

Montenegro has extended the development timetable for the 112 MW Sinjajevina I wind farm, moving the expected commercial operation target toward 2030. The revised...

Hungary granted temporary EU delay on Serbia gas capacity bundling rules

Hungary has received temporary approval from the European Commission to postpone full implementation of EU gas-capacity rules at its border with Serbia until the...

ADMIE secures equipment for €3.5bn of grid projects through 2029

Greek transmission operator ADMIE has secured equipment for projects worth about €3.5 billion, cutting procurement risk across more than half of its €6 billion...

Federation of Bosnia electricity generation up 15.8% in August as trade falls

Electricity production in the Federation of Bosnia and Herzegovina increased in August compared with August 2025, while both imports and exports declined from year-earlier...