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operating losses

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Slovenia: TEŠ and the Velenje coal mine could be closed before the planned deadline

Slovenian Prime Minister Robert Golob said that the coal-fired thermal power plant Šoštanj and its mine Velenje may end operations before the expected closure...

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Gazprom gas extension talks in Serbia as NIS sanctions deadline nears

Serbia expects to extend its gas supply arrangement with Gazprom beyond September 30 while Russian deliveries continue. President Aleksandar Vučić said after a call...

Serbia targets early-2027 start for Romanian gas interconnector construction

Serbia expects construction of its gas interconnector with Romania to begin in early 2027, creating an import route intended to diversify supply and strengthen...

Lukoil appoints Eugene Maniakhine to oversee Petrotel refinery restructuring

Lukoil has appointed Eugene Maniakhine to oversee the restructuring of its Petrotel refinery in Romania. The facility entered insolvency proceedings in August 2026 after...

North Macedonia aims for 38% renewables share by 2030

North Macedonia is targeting 38% renewable energy as a share of gross final energy consumption by 2030. The programme includes rapid solar expansion and...

Bulgaria electricity output up 15.6% in July as demand falls

Bulgaria’s electricity production rose 15.6% year on year to 3,779 GWh in July, while domestic consumption declined 4.1% to 2,652 GWh. The gap between...