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United States

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Hungary Approaches New Oil Supply Agreement with the United States

Hungary is on the verge of finalizing a significant oil supply deal with the United States, coinciding with Vice President JD Vance’s upcoming visit...

US extends deadline for sale of Lukoil’s foreign assets amid global interest

The United States has extended the deadline for negotiations regarding the sale of Lukoil’s foreign assets. Under a general license issued by the Office...

Europe: US plans funding boost to expand Vertical Gas Corridor and supply more LNG to Ukraine

The United States is considering new funding options to support infrastructure projects that would expand the Vertical Gas Corridor and strengthen gas transmission systems...

United States grants $130 million for Moldova–Romania high-voltage transmission line to boost energy security

The United States has provided a $130 million grant to support the construction of a new high-voltage transmission line linking Moldova and Romania. The...

Hungary: U.S. lifts sanctions on Paks nuclear expansion, paving way for full-scale construction

Hungarian Minister of Foreign Affairs and Trade Péter Szijjártó has announced that the United States has officially lifted sanctions that had been obstructing Hungary’s...

Croatia explores nuclear energy cooperation with US, focuses on small modular reactors

During a meeting in Washington with a US delegation led by Maria Korsnick, President and CEO of the Nuclear Energy Institute, Croatian Minister of...

Latest news

SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...