Azerbaijan in Serbia: How a Caspian energy power became a Eurasian player in South-East Europe

Azerbaijan’s rise in Serbia did not happen loudly. It happened through pipelines, memoranda, presidential visits, and a carefully constructed image of Baku as a reliable, forward-looking supplier. What began as a small diplomatic relationship has grown into one of the most strategically significant energy partnerships in the Western Balkans. Today, Azerbaijan is positioning itself as a […]

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The new energy geometry in the Balkans: Pipelines, power and the quiet reordering of a region

For more than half a century, the Balkans lived inside a predictable energy ecosystem: electricity from domestic coal, oil and gas pipelines dominated by Russia, and infrastructure built in the socialist era. But the past decade — and especially the post-2022 global energy upheaval — has shattered that old order. A new geometry is forming.

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Strickland Metals’ gold quest in Serbia: Where promising geology meets local and political challenges

When Australian-listed Strickland Metals began drilling into the steep slopes of Rogozna mountain in southern Serbia, few outside the mining sector paid attention. Serbia is no stranger to foreign miners, and the Raška region — a rugged landscape historically tied to the sprawling Trepča mineral complex — has seen exploration come and go for decades.

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Serbia creates new gas infrastructure operator as sector unbundling advances

Serbia is moving to restructure its gas sector by creating a new company, Gas Infrastruktura, which will take over the management and ownership of the country’s gas transmission system. Under the Government’s plan, Srbijagas will no longer handle transmission operations and will instead focus solely on supplying the domestic market. Energy Minister Dubravka Đedović explained

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Serbia: NIS launches surfactant–polymer injection project to boost production at Velebit

Serbian oil company NIS has received environmental clearance to start testing an enhanced oil recovery (EOR) method at the Velebit production field. The approval covers the environmental impact assessment prepared for the project, for which NIS issued a tender in August. The pilot project involves constructing a system to assess the performance of injecting a

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Serbia seeks U.S. license as NIS ownership negotiations advance

Serbian President Aleksandar Vučić announced that Russian shareholders are currently negotiating with three potential buyers for their stake in oil company NIS, and that the talks are approaching a conclusion. He added that Serbia will soon begin discussions with U.S. officials to obtain a special license that would enable the Pančevo refinery to continue operating

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Romania prepares emergency legislation to enable sale of Lukoil’s petrotel refinery

Romania is preparing special legislation to enable the sale of Lukoil’s local assets, including the Petrotel refinery, marking a shift in strategy after Energy Minister Bogdan Ivan initially argued that the state should take direct control of the facility rather than request additional time under the U.S. sanctions deadline of 21 November. The United States

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Romania: Simtel expands renewable portfolio with landmark 52 MW solar power plant

Romanian engineering and technology group Simtel has brought online a 52 MW solar power plant in Giurgiu, now the largest photovoltaic facility in the country built entirely on rehabilitated industrial land. Constructed on the grounds of a former ash disposal site, the plant is expected to generate around 73 GWh of electricity per year. Completed

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Hungary emerges as Ukraine’s main gas gateway amid intensified Russian strikes

The energy implications of the Russian-Ukrainian war have escalated sharply in recent weeks as Ukraine’s gas infrastructure suffers extensive damage. A new analysis by the Oeconomus Economic Research Foundation shows that nearly half of Ukraine’s imported gas now enters the country through Hungary, significantly reshaping regional patterns of energy dependence. Before 2025, Russian attacks mainly

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Greece: Mirova acquires JUWI’s 156 MW clover solar portfolio

JUWI has reached an agreement to transfer ownership of a group of solar projects with a combined installed capacity of 156 MW in northwestern Greece to Mirova, the Paris-based sustainable investment firm affiliated with Natixis Investment Managers. The deal represents another significant milestone in JUWI’s expanding pipeline of large-scale solar developments in the country. Despite

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