Bosnia and Herzegovina moves toward establishing first electricity exchange

Bosnia and Herzegovina (BiH) remains the only country in Europe without an electricity exchange. At the end of July, the Council of Ministers approved a draft law on the regulator, transmission, and electricity market that aligns with EU requirements and would create a unified framework for such an exchange. The proposal has not yet reached […]

Bosnia and Herzegovina moves toward establishing first electricity exchange Read More »

Slovenia: Petrol Group reports 1% sales growth and 52% jump in net profit in H1 2025

Slovenian Petrol Group reported sales of 3 billion euros in the first half of 2025, marking a 1% increase compared to the same period in 2024. Net profit rose sharply to 75.1 million euros, up 52% year-on-year. EBITDA increased by 13% to 145 million euros, while operating profit grew 26%. Company management noted that performance

Slovenia: Petrol Group reports 1% sales growth and 52% jump in net profit in H1 2025 Read More »

Serbia: Energy regulator approves higher network access fees and updates household billing rules

At the request of transmission and distribution system operators EMS and EDS, the Council of the Energy Agency (AERS) has approved updated access fees for the transmission and distribution networks, which will take effect on 1 October. The transmission fee for 2025 will increase by 10% compared with the level set on 1 October 2021,

Serbia: Energy regulator approves higher network access fees and updates household billing rules Read More »

Serbia: Kostolac wind farm to begin trial operations by year-end, adding 66 MW of renewable capacity

State Secretary at the Ministry of Mining and Energy, Sonja Vlahovic, announced that the Kostolac wind farm is on schedule to begin trial operations by the end of the year. All 20 turbines at EPS’ first wind project have now been installed. Once fully operational, the wind farm is expected to generate around 187 million

Serbia: Kostolac wind farm to begin trial operations by year-end, adding 66 MW of renewable capacity Read More »

Serbia: NIS seeks another OFAC license extension amid US sanctions risks

Serbian oil company NIS has formally requested another extension of its operating authorization from the US Treasury’s Office of Foreign Assets Control (OFAC), as the current one-month waiver is set to expire on 27 August. The company has already received five consecutive renewals, each allowing it to continue daily operations while US authorities assess the

Serbia: NIS seeks another OFAC license extension amid US sanctions risks Read More »

Romania: EDF signs €175 million contract to modernize turbogenerator at NPP Cernavoda Unit 1

French energy company EDF has signed a contract worth 175 million euros to modernize the turbogenerator at Unit 1 of Romania’s Cernavoda nuclear power plant. The deal involves collaboration between the plant’s operator, Nuclearelectrica, and two EDF subsidiaries – Arabelle Service France and Arabelle Solutions Romania. Cernavoda is Romania’s only nuclear power plant, supplying around

Romania: EDF signs €175 million contract to modernize turbogenerator at NPP Cernavoda Unit 1 Read More »

Bulgaria: Bulgargaz proposes slight reduction in wholesale gas price for August 2025

Bulgarian state-owned gas supplier Bulgargaz has proposed a lower wholesale natural gas price for August 2025. The suggested price is around 31.2 euros/MWh, which is 1.77% lower than the approved August price of about 31.7 euros/MWh. That price already represented a 3.8% decrease compared to July. The final price for natural gas in September will

Bulgaria: Bulgargaz proposes slight reduction in wholesale gas price for August 2025 Read More »

Bosnia and Herzegovina: RS Government offers 124 million euros to buy back Comsar Energy and Ugljevik concessions

The Government of the Republic of Srpska (RS) plans to offer 124 million euros to purchase Rashid Serdarov’s company, Comsar Energy RS. Energy and Mining Minister Petar Djokic said the cabinet had reviewed information from state energy firm Gas Res and authorized it to continue negotiations with the Russian company. An internationally certified auditor valued

Bosnia and Herzegovina: RS Government offers 124 million euros to buy back Comsar Energy and Ugljevik concessions Read More »

Region: Slovenia reduces interest claim against RiTE Ugljevik, paving way for settlement

Minister of Energy and Mining of the Republic of Srpska (RS) Petar Djokic announced that Slovenia has reduced its interest claim against the coalmine and thermal power plant (RiTE) Ugljevik from 67 million euros to 37 million euros. He stated that negotiations are now centered on the number of installments and the repayment schedule, with

Region: Slovenia reduces interest claim against RiTE Ugljevik, paving way for settlement Read More »

Region: Serbia nears long-term gas deal with Russia, advances oil pipeline project with Hungary

Serbia is nearing the completion of a new long-term natural gas supply agreement with Russian company Gazprom, with only a few details remaining to be finalized. Energy Minister Dubravka Djedovic highlighted that Russian gas played a crucial role in ensuring uninterrupted deliveries to households and industry during the peak of the energy crisis. She emphasized

Region: Serbia nears long-term gas deal with Russia, advances oil pipeline project with Hungary Read More »

Scroll to Top