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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

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...