Russian oil company Lukoil is expected to sell its Romanian refinery, Petrotel, before the November deadline set under the latest US sanctions targeting Russian...
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...
Fuel retailers in Serbia have significantly increased petroleum product imports to counter the effects of sanctions on the national oil company NIS. Tomislav Micovic,...
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...
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...
A ceremony marked the completion of the breakthrough phase of the headrace tunnel for Hydropower Plant (HPP) Dabar, one of the largest hydraulic tunnels...
Serbia’s state-owned power utility EPS is continuing its hydropower modernization program, following upgrades at the Bajina Bašta, Zvornik, and Đerdap 1 plants. The next...
Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking a major milestone in...
Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data from state-owned power utility...