Serbian oil company NIS seeks new extension of US sanctions suspension

Serbian oil company NIS has submitted an updated request to US authorities seeking another extension of the suspension of sanctions. The company’s current authorization, which allows it to continue operations despite the restrictions, is set to expire on 8 October. NIS is requesting a new license to maintain its activities beyond that date. The sanctions […]

Serbian oil company NIS seeks new extension of US sanctions suspension Read More »

Hungary: HUDEX to cease all electricity and gas trading due to low market liquidity

HUDEX has announced that it will cease all electricity and natural gas trading after concluding that market liquidity remains insufficient to support sustainable long-term operations. Despite extensive efforts and detailed assessments conducted in recent years, trading volumes failed to reach the levels required to meet regulatory standards. As a result, the company’s board has approved

Hungary: HUDEX to cease all electricity and gas trading due to low market liquidity Read More »

Hungary: HUPX electricity prices rise 27% in September 2025, trading volumes decline

The average price of electricity on the day-ahead market of the Hungarian energy exchange HUPX reached 101.93 euros per MWh in September 2025, marking a 27 percent increase compared to August, when the average baseload price stood at 80.51 euros per MWh. The average peak price on the HUPX day-ahead market amounted to 97.08 euros

Hungary: HUPX electricity prices rise 27% in September 2025, trading volumes decline Read More »

Bosnia and Herzegovina: EPBiH completes major overhaul of Tuzla thermal power plant Unit 4

State-owned power utility EPBiH has completed a comprehensive capital overhaul of Unit 4 at its coal-fired thermal power plant in Tuzla, extending the operational life of one of its key generation units and enhancing its technical performance, reliability, and safety. The project, valued at 15.3 million euros and financed entirely from EPBiH’s own resources, will

Bosnia and Herzegovina: EPBiH completes major overhaul of Tuzla thermal power plant Unit 4 Read More »

Bosnia and Herzegovina: Energoinvest requests 1.63% natural gas price reduction for fourth quarter of 2025

The Federal Ministry of Energy, Mining and Industry has received a request from natural gas importer Energoinvest to lower gas prices for tariff customers by 1.63 percent in the fourth quarter of 2025. The proposal would reduce the price from 413.6 euros per 1,000 standard cubic meters to 406.8 euros per 1,000 standard cubic meters,

Bosnia and Herzegovina: Energoinvest requests 1.63% natural gas price reduction for fourth quarter of 2025 Read More »

Serbia launches Central-Balkan Corridor project to strengthen transmission network and support renewables

Serbian electricity transmission operator EMS has commissioned the Institute of Architecture and Urban Planning of Serbia to prepare the spatial plan for the Central-Balkan Corridor, a major project designed to increase transmission capacity on the Serbian-Bulgarian border and establish a 400 kV east-west link to replace the existing 220 kV network. The first stage includes

Serbia launches Central-Balkan Corridor project to strengthen transmission network and support renewables Read More »

Romania: Transelectrica unveils €130 million 2025 investment plan to expand power grid and boost renewable integration

Romanian electricity transmission operator Transelectrica has announced an investment program exceeding 130 million euros for 2025, marking its most ambitious plan in recent years. The company aims to build more than 740 kilometers of new overhead power lines by 2030, supported by over 380 million euros in combined funding from European sources and internal resources.

Romania: Transelectrica unveils €130 million 2025 investment plan to expand power grid and boost renewable integration Read More »

Hungary proposes new wind energy zones with higher turbines and streamlined rules

Hungary has opened a draft legislative package for public consultation that proposes creating designated zones, primarily in the country’s northwest, where wind turbines could be built under more flexible conditions. If approved, 17 subcounties with strong average wind potential would be included, with the possibility of adding additional zones in Dunaujvaros, Heves, Mezotur, Miskolc, and

Hungary proposes new wind energy zones with higher turbines and streamlined rules Read More »

Hungary and Croatia move to resolve tensions over oil supply, begin pipeline negotiations

Tensions between Hungary and Croatia appear to be easing after a period of sharp accusations, during which Croatian authorities were accused of benefiting from the war in Ukraine and sanctions on Russia. State-owned Croatian oil pipeline operator JANAF confirmed that Hungarian company MOL will send representatives to Zagreb next week to start negotiations on importing

Hungary and Croatia move to resolve tensions over oil supply, begin pipeline negotiations Read More »

Turkish energy company BGN explores cooperation to strengthen Bulgaria’s role as regional gas transit hub

Representatives of Turkish energy company BGN met with Bulgarian officials to discuss opportunities for expanding energy cooperation and strengthening Bulgaria’s position as a key gas transit hub in the region. During the talks, Bulgaria emphasized its goal of fully utilizing its gas transport infrastructure to serve both the European Union and the wider Balkan market.

Turkish energy company BGN explores cooperation to strengthen Bulgaria’s role as regional gas transit hub Read More »

Scroll to Top