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Bulgaria: Parliament rejects proposal for state takeover of electricity distributors

The Bulgarian Parliament has voted against a proposal to bring the country’s three electricity distribution companies under state ownership. The motion, submitted by the...

Bulgaria: Parliament moves to delay electricity market liberalization for households

The Bulgarian Parliament has approved two draft amendments to the Energy Act aimed at delaying the liberalization of the electricity market for household consumers....

Serbia explores nuclear energy collaboration with Russia’s Rosatom

Last week, former Prime Minister Miloš Vučević held a meeting with Alexey Likhachev, the Director General of Russia’s State Atomic Energy Corporation Rosatom, to...

Serbia lifts 35-year moratorium on nuclear power plant construction, exploring new energy partnerships

Serbia has officially lifted its 35-year moratorium on the construction of nuclear power plants, marking a pivotal shift in the country’s energy strategy. The...

Serbia: Parliament lifts moratorium on nuclear energy, opening door for nuclear power plants

The Serbian Parliament has passed amendments to the Law on Energy, including the removal of the long-standing moratorium on nuclear energy. This decision effectively...

Hungary will amend its legislation on wind turbines

Hungarian Minister of the Prime Minister’s Office Gergely Gulyas said that Hungary will amend its legislation on wind turbines, which has been blocking the...

Latest news

BHP moves to end options on eight Serbian exploration licences

BHP has issued termination notices for its Central Timok and Borsko exploration options in eastern Serbia, returning eight licences to Mundoro Capital when the notices take effect. The miner retains separate Trstenik and South Timok agreements, while Mundoro seeks partners to fund drilling on the returned licences.

Centerra proposes nearly C$4.1 million for 9.9% Mundoro stake

Centerra Gold has agreed to buy 12.374 million newly issued Mundoro Capital shares for approximately C$4.08 million (€2.60 million), in a proposed placement that would give it a 9.9% stake. The funding would support Mundoro’s exploration and working capital as it seeks partners for projects in Serbia, but the deal has not closed.

Northstone secures commitments for about EUR1.45 million Serbia placement

Northstone Resources secured commitments for a share placement worth about EUR1.45 million to fund exploration at its Tlamino gold-silver and Timok East copper-gold projects in Serbia. The financing will support drilling and technical studies, not mine construction.

European Energy weighs up to 1 GW complex in Bulgaria

European Energy is evaluating a renewable-energy complex in Bulgaria’s Dobrich region, centred on a wind project of up to 1 GW. The concept also includes solar generation, battery storage and infrastructure for industrial users.

JANAF halts Croatian crude flows after estimated 500 cubic metre spill

Croatian oil-pipeline operator JANAF halted crude transport on part of the Sisak-Slavonski Brod route after pipeline equipment was damaged near Prvca. The spill is estimated at 500 cubic metres.