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Hungary criticizes EU plan to end Russian energy imports by 2027

Hungarian Foreign Minister Péter Szijjártó has strongly opposed the European Commission’s newly unveiled plan to phase out all imports of Russian gas, oil and...

Europe: EU plans legal path to end Russian gas contracts without penalties

The European Union is developing legal measures that would allow companies to terminate long-term contracts for Russian gas without facing penalties, citing force majeure....

EU gas reduction exceeded targets

The REPowerEU policy has done well so far in its aim of ending Europe’s dependency on Russian fossil fuels by 2027. The target of...

EU: Oil import dependency at its highest in 2022

The EU’s import dependency for the entire family of crude oil and petroleum products surged to a new record high of 97.7% in 2022....

Croatia: EC approved modified RRP

The European Commission gave a positive assessment of Croatia's modified recovery and resilience plan (RRP), which includes a REPowerEU chapter worth 10 billion euros,...

Latest news

Banatski Dvor expansion delays deepen Serbia’s reliance on Hungarian storage

Serbia’s Banatski Dvor underground gas storage expansion is experiencing further slippage, according to project timelines that have moved past the previously targeted end of...

Montenegro extends Sinjajevina wind project timeline to 2030

Montenegro has extended the development timetable for the 112 MW Sinjajevina I wind farm, moving the expected commercial operation target toward 2030. The revised...

Hungary granted temporary EU delay on Serbia gas capacity bundling rules

Hungary has received temporary approval from the European Commission to postpone full implementation of EU gas-capacity rules at its border with Serbia until the...

ADMIE secures equipment for €3.5bn of grid projects through 2029

Greek transmission operator ADMIE has secured equipment for projects worth about €3.5 billion, cutting procurement risk across more than half of its €6 billion...

Federation of Bosnia electricity generation up 15.8% in August as trade falls

Electricity production in the Federation of Bosnia and Herzegovina increased in August compared with August 2025, while both imports and exports declined from year-earlier...