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 full implementation of sanctions, allowing the company to continue operations. In addition, NIS filed a separate application to be removed from the Specially Designated Nationals (SDN) list, a process described as […]

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Montenegro: EPCG reports setbacks in Pljevlja Thermal Power Plant reconstruction, projects measures to avoid delays

Montenegro’s state-owned power company EPCG has reported that the environmental reconstruction of the Pljevlja coal-fired thermal power plant has faced certain deficiencies and irregularities, which could potentially delay the project. EPCG noted that the project is highly complex in both scale and technical requirements and has been ongoing for several years. Over the past six

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Region: EU monitors JANAF pipeline amid Croatia-Hungary dispute over oil supplies

The European Commission (EC) is closely monitoring the ongoing capacity tests on the Croatian JANAF oil pipeline but has refrained from commenting on the dispute between Croatia and Hungary, according to spokesperson Anna-Kaisa Itkonen. She stated that the tests are still underway and that the Commission remains in contact with the member states, but will

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Bulgaria: Electricity, gas and fuel consumption rise in July 2025 amid mixed production trends

According to the Bulgarian National Statistical Institute, electricity production in July 2025 rose by 8.1% compared to June, reaching 3,270 GWh. Electricity consumption also increased by 15.1% month-on-month, totaling 2,766 GWh. Natural gas consumption in July 2025 grew by 7.4%, reaching 159 million cubic meters, while production remained steady at 1 million cubic meters. Compared

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Bosnia and Herzegovina: Sanski Most council approves solar power project on former coal site

The municipal council of Sanski Most has approved a regulatory plan for the Fajtovci – Zlausa area, following a proposal from the local company Lager. The plan allows for the construction of multiple solar power plants on land previously used for coal extraction. A draft of the plan, prepared by the Civil Engineering Institute in

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Bosnia and Herzegovina sees 24% drop in August 2025 electricity production

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) in August 2025 reached 457 GWh, which is 24.2% lower compared to August 2024, when it amounted to 603 GWh. In total gross electricity production, hydropower plants contributed 28.45%, thermal power plants 62.8%, and wind farms 8.75%. Net electricity production totaled 421 GWh, with

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Croatia: JANAF seeks US license extension to mitigate revenue loss from potential NIS sanctions

Croatian oil pipeline operator JANAF has warned that it could lose a significant portion of its revenues if US sanctions on Serbian oil company NIS are implemented in October. To address this risk, JANAF plans to request an extension of its license from US authorities to continue its cooperation with NIS. Currently, JANAF holds a

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