Europe: TTF gas prices...

In the first week of November 2025, TTF natural gas futures traded within...

Region: Electricity prices in...

During Week 45 of 2025, electricity prices across Southeast Europe (SEE) rose sharply...

Montenegro to open first...

The Montenegrin Ministry of Energy announced that it will open bids for the...

Montenegro: Average household electricity...

The average household electricity bill in Montenegro for October 2025 amounted to 32.21...
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Serbia proposes temporary takeover of Russian NIS stake amid U.S. sanctions

Serbian President Aleksandar Vučić has reportedly proposed to a visiting Russian delegation that Serbia could temporarily assume part of Russia’s ownership stake in the...

Serbia: Fuel retailers ramp up imports to counter NIS sanctions and strengthen market resilience

Fuel retailers in Serbia have significantly increased petroleum product imports to counter the effects of sanctions on the national oil company NIS. Tomislav Micovic,...

Region: Hungary’s MOL to boost oil supplies to Serbia amid U.S. sanctions

Hungarian Foreign Minister Peter Szijjarto announced that MOL will increase crude oil and fuel supplies to Serbia following U.S. sanctions on the Serbian oil...

Expert critiques 2008 NIS privatization as major undervaluation, highlights lost strategic opportunities for Serbia

Professor Dragan Djuricin from the Faculty of Economics in Belgrade criticized the 2008 privatization of Serbia’s oil company NIS, calling it a significant undervaluation...

Serbia: Russian negotiators propose ownership and supply changes to shield NIS from US sanctions

As US sanctions targeting Serbian Russian-owned oil company NIS approach their 8 October enforcement date, Russian negotiators have put forward several proposals aimed at...

Croatia: US sanctions targeting NIS prompt JANAF to secure licenses for continued crude oil transport

Earlier this year, the U.S. Department of the Treasury introduced sanctions targeting Russia’s energy sector, which are now being applied to Serbian oil company...

Bosnia and Herzegovina: Breakthrough achieved on 13-kilometer headrace tunnel for HPP Dabar, one of the largest in Europe

A ceremony marked the completion of the breakthrough phase of the headrace tunnel for Hydropower Plant (HPP) Dabar, one of the largest hydraulic tunnels...

Serbia: EPS launches €110 million modernization of Vlasina hydropower plants to boost capacity and extend lifespan

Serbia’s state-owned power utility EPS is continuing its hydropower modernization program, following upgrades at the Bajina Bašta, Zvornik, and Đerdap 1 plants. The next...

Montenegro: EPCG completes modernization of Perucica HPP Unit A7, extending lifespan and boosting efficiency

Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking a major milestone in...

North Macedonia faces critically low hydropower reserves amid prolonged drought

Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data from state-owned power utility...

Slovenia: Hydropower output drops 24% in first nine months as uneven rainfall impacts generation

Hydropower plants along Slovenia’s main rivers generated 2,962.4 GWh of electricity in the first nine months of the year, a decline of more than...
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