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Transnafta Suspends Procurement for Hungary-Serbia Oil Pipeline Amid Legal Issues

The state-owned company Transnafta has paused its public procurement process for the Hungary-Serbia oil pipeline, following a formal request for legal protection. This decision...

Transnafta seeks assessment for Serbia-Hungary oil pipeline amid geopolitical shifts

Transnafta has launched a tender for services to assess the Serbia-Hungary oil pipeline project within the framework of international relations in Europe. The tender...

Serbia activated 42 new oil wells

In Serbia, oil production is carried out at 870 oil wells and 69 gas wells in operation, employing various extraction methods. Additionally, in 2023,...

Serbia: 42 new oil wells enter operation

Oil production in Serbia is carried out at 870 oil and 69 gas wells in operation, on which various exploitation methods are applied. In addition...

Latest news

Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...