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Serbia, Oil company NIS between sanctions, geopolitics and the envy of regional competition

The goal of banning the transportation of oil of Russian origin through the Adriatic pipeline is to reduce the profitability of the Serbian oil...

Serbia, NIS is not subject to sanctions

This oil company was on the verge of survival when it was taken over by "Gazpromneft", all because of the "problem" that arises when...

Bulgaria, Country’s exemption from Russian oil sanctions does not include resale

The European Commission said that Bulgaria has been exempted from the European Union's sanctions against Russian oil imports by sea because of the country's...

Serbia, No derogation from Russian oil sanctions for Western Balkans due to Serbia

The Western Balkans has not been exempted from the latest package of EU energy sanctions against Russia, due to Serbia’s close ties to Moscow. The...

Latest news

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,...