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NIS Group profitability improves in first half of 2026 amid US sanctions risk

NIS Group returned to profitability in the first half of 2026, with results supported by stronger crude prices, favourable inventory effects and cost controls....

Slovenia suspends energy-efficiency and carbon levies on regulated fuels

Slovenia has temporarily removed two charges from motor fuels to limit the impact of higher international oil prices on households and businesses. The government...

Oil traders, pricing mechanisms and the future of Serbia’s downstream sector: A strategic spin-off analysis

Oil markets in Southeast Europe have always functioned at the intersection of global price signals and highly localised political risks. Serbia’s downstream system is...

Bulgarian Oil and Gas Association chair optimistic about fuel prices amid Middle East tensions

Svetoslav Benchev, chairman of the Bulgarian Oil and Gas Association (BOGA), expressed cautious optimism about oil prices during a conference marking the organization's 25th...

Serbia: NIS net profit down by 50%, to 375 million euros in 2023

Serbian oil and gas company recorded a net profit of 44.2 billion dinars (375 million euro) in 2023, and earnings before interest, tax, depreciation...

Croatia: INA recorded 73 million euros profit in H1

Oil company INA recorded a net profit of 73.1 million euros in the first half of 2023. That is 65% lower compared to a...

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SEE power markets 8/9 split as solar deepens midday lows while Italy keeps premium

Day-ahead electricity prices across Southeast Europe diverged sharply for delivery on Tuesday, September 8, as stronger solar supply compressed daytime values while Italy and...

Slovenia appoints GEN leadership ahead of Krško 2 nuclear project decisions

New executives at GEN energija and GEN-I Slovenia has appointed new leadership at state-owned GEN energija and electricity supplier and trader GEN-I, changing management at...

European gas rally lifts Bulgaria’s regulated September discount to €41.60/MWh

European benchmark gas prices moved above €74/MWh on Tuesday, widening the spread versus Bulgaria’s regulated September price of €41.60/MWh. The move highlights differences in...

EPCG completes major works on €26m Gvozd 2 wind expansion in Montenegro

Montenegro’s state power utility EPCG has completed most work on the second of three turbine foundations at its 21 MW Gvozd 2 wind project,...

Greece approves €2.3bn programme for island grids, renewables and storage

Greece has secured approval for a €2.3 billion programme aimed at decarbonising its islands, with Athens directing more than €2 billion towards electricity interconnections,...