Power Markets

Transelectrica launches major projects...

Romanian electricity transmission system operator Transelectrica has launched two major infrastructure projects to...

Romania launches third CfD...

The Romanian Ministry of Energy, in cooperation with Transelectrica, the operator of the...

Montenegro: EPA clears two...

Montenegro’s Environmental Protection Agency (EPA) has decided that Unipan Green, a local company,...

Slovenia: Šoštanj thermal power...

At the end of September, the Šoštanj thermal power plant began an extensive...
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Tag: US sanctions

Serbia poised to buy Gazprom’s stake in NIS to resolve sanctions issue by year-end

Serbian media report that the issue surrounding oil company NIS, caused by U.S. sanctions, is expected to be resolved by the end of the...

Serbia proposes temporary takeover of Russian NIS stake amid U.S. sanctions

Serbian President Aleksandar Vučić has reportedly proposed to a visiting Russian delegation that Serbia could temporarily assume part of Russia’s ownership stake in the...

Serbia: Fuel retailers ramp up imports to counter NIS sanctions and strengthen market resilience

Fuel retailers in Serbia have significantly increased petroleum product imports to counter the effects of sanctions on the national oil company NIS. Tomislav Micovic,...

Region: Hungary’s MOL to boost oil supplies to Serbia amid U.S. sanctions

Hungarian Foreign Minister Peter Szijjarto announced that MOL will increase crude oil and fuel supplies to Serbia following U.S. sanctions on the Serbian oil...

Serbia: Russian negotiators propose ownership and supply changes to shield NIS from US sanctions

As US sanctions targeting Serbian Russian-owned oil company NIS approach their 8 October enforcement date, Russian negotiators have put forward several proposals aimed at...

Serbia: NIS requests U.S. license to delay sanctions and removal from SDN list

Serbian oil company NIS has confirmed that it submitted a new request to the U.S. Treasury Department for a special license to delay the...
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