Romania: Simtel expands renewable...

Romanian engineering and technology group Simtel has brought online a 52 MW solar...

Hungary emerges as Ukraine’s...

The energy implications of the Russian-Ukrainian war have escalated sharply in recent weeks...

Greece: Mirova acquires JUWI’s...

JUWI has reached an agreement to transfer ownership of a group of solar...

Romania: ib vogt secures...

A major solar project in Romania has advanced to its next phase after...
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oil company NIS

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Supported byClarion Owners Engineers
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Serbia to discuss US sanctions on oil company NIS with Russia amid ownership disputes

Serbian President Aleksandar Vučić announced that he will soon engage in talks with Russian President Vladimir Putin regarding the sanctions imposed by the United...

Serbia: Experts doubt US sanctions on oil company NIS

Energy experts believe that US sanctions against Serbian oil company NIS are unlikely to be implemented, as they lack economic logic and could harm...

Region: NIS requests sanctions delay with Serbian and Hungarian government support

Serbian oil company NIS has officially requested a delay in the enforcement of US sanctions imposed by the Office of Foreign Assets Control (OFAC),...

Region: NIS considers exit from Bulgaria and Romania amid market challenges and US sanctions

Serbian oil company NIS, which is controlled by Russia’s Gazprom, is contemplating a potential exit from the Bulgarian and Romanian markets due to ongoing...

Serbia: Oil company NIS reports 77% drop in net profit for 2024 amid market challenges and US sanctions

Serbia's NIS, majority-owned by Russian GazpromNeft, experienced a sharp 77% decline in net profit for 2024, which amounted to €86.2 million, compared to the...

Serbia prepares for US sanctions on NIS

Serbian President Aleksandar Vucic has stated that the United States will officially announce its decision to impose comprehensive sanctions against the majority Russian-owned oil...

Serbia: EPS outlines €2 billion hydropower investment strategy through 2035

Over the next decade, Serbia is expected to see nearly 2 billion euros invested in its hydropower sector, with around 760 million euros planned...

Bosnia and Herzegovina: HPP Visegrad increases monthly production, still below last year’s level

The hydropower plant Visegrad, operated by ERS subsidiary Hidroelektrane na Drini, generated 37.91 GWh of electricity in October 2025. This represents a 31.3 percent...

Slovenia: Government reports progress on 28 MW Mokrice hydropower plant

The National Assembly expects the Government to accelerate development of the Mokrice hydropower plant and to submit progress reports every three months. The Government...

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...
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