MOL’s potential takeover of NIS: What merger rules mean for Serbia’s oil market

Although the chief of staff to Hungarian Prime Minister Viktor Orbán stated that negotiations between MOL and the majority owner of Serbia’s oil company NIS are still in their early stages, the transaction increasingly appears likely. The impression is strengthened by Orbán’s recent meeting with Russian President Vladimir Putin — and by the Hungarian leader’s […]

MOL’s potential takeover of NIS: What merger rules mean for Serbia’s oil market Read More »

Region: Hungary confirms early talks on potential MOL stake in Serbia’s NIS amid push to reduce Russian ownership

Hungarian officials have confirmed that exploratory talks are underway on the possibility of oil and gas company MOL acquiring a stake in Serbia’s national oil company NIS. The information was disclosed by Gergely Gulyás, chief of staff to Hungarian Prime Minister Viktor Orbán, who stressed that discussions are still in an early phase. Gulyás noted

Region: Hungary confirms early talks on potential MOL stake in Serbia’s NIS amid push to reduce Russian ownership Read More »

Serbia: EMS launches €50 million Belgrade 50 substation project under BeoGrid 2025 expansion plan

Serbia’s electricity transmission operator EMS has signed a contract with a consortium of construction firms to build the new 400/110 kV Belgrade 50 substation in Ugrinovci. The project, worth around 50 million euros, is scheduled for completion in 2027. The substation will feature complete 400 kV and 110 kV switchyard systems, a 400/110 kV transformer

Serbia: EMS launches €50 million Belgrade 50 substation project under BeoGrid 2025 expansion plan Read More »

Serbia: EPS begins trial production at newly completed 66 MW Kostolac wind farm

State-owned power utility EPS has confirmed that construction of the Kostolac wind farm has been completed and that the facility has started generating its first megawatt-hours. After receiving approval for grid connection, the first turbine was energized, initiating the project’s trial operation phase. EPS management emphasized that this milestone marks the company’s formal entry into

Serbia: EPS begins trial production at newly completed 66 MW Kostolac wind farm Read More »

Croatian businesses warn of competitiveness crisis as electricity prices rise 120% in six years

At a regional economic forum this week, speakers cautioned that Croatia’s current electricity pricing system has created a structural imbalance: households continue to enjoy relatively low electricity prices, while businesses face significantly higher costs. This disparity, they warned, is eroding the competitiveness of domestic industry and limiting its ability to invest. Over the past six

Croatian businesses warn of competitiveness crisis as electricity prices rise 120% in six years Read More »

Croatia to abolish LNG transmission discount as HERA prepares new gas tariff reform

Croatia is preparing to revise its gas transmission tariffs for the first time in four years. In accordance with the rules of the national energy regulator HERA, the state-owned transmission system operator Plinacro will be required to apply the updated fee structure to gas distributors and traders. HERA has released its proposed methodology for determining

Croatia to abolish LNG transmission discount as HERA prepares new gas tariff reform Read More »

Bosnia and Herzegovina: Ugljevik shuts down over coal shortage, Gacko offline after storm damage

Thermal power plant Ugljevik was forced to halt operations this morning due to a shortage of coal, the plant’s union president Boban Benović confirmed. He explained that severe weather had disrupted coal deliveries, leaving the facility without sufficient fuel to continue production. At this stage, there is still no clear estimate of when Ugljevik might

Bosnia and Herzegovina: Ugljevik shuts down over coal shortage, Gacko offline after storm damage Read More »

Bosnia and Herzegovina: Electricity production surges 42% in October, coal output rises as coke production plummets

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) reached 680 GWh in October 2025, marking a 42% increase compared to the same month last year, when output stood at 479 GWh. Hydropower plants accounted for 33.2% of the total, thermal power plants for 56.6%, and wind farms for 10.2%. Net electricity production

Bosnia and Herzegovina: Electricity production surges 42% in October, coal output rises as coke production plummets Read More »

Albania: ERE grants 30-year license for Voltalia’s 90 MW Spitalla solar power plant

Albania’s energy regulator ERE has issued a 30-year electricity-generation license to Spitalla Solar, the project company established by French renewable-energy developer Voltalia. With this approval, Voltalia is cleared to operate its planned 90 MW solar power plant near the coastal city of Durrës — the company’s second major solar development in Albania. The license grants

Albania: ERE grants 30-year license for Voltalia’s 90 MW Spitalla solar power plant Read More »

Slovenia: Šoštanj Unit 6 shutdown extended after preventive repairs ordered

Unit 6 of the Šoštanj thermal power plant was intentionally taken offline in mid-November to conduct post-overhaul testing on its gas turbine. During this planned shutdown, engineers performed an additional inspection and determined that one of the unit’s grates required preventive repair. Until the repair was completed, the plant met heat supply needs through its

Slovenia: Šoštanj Unit 6 shutdown extended after preventive repairs ordered Read More »

Scroll to Top