Serbia’s oil sector occupies a particularly strategic place in the Western Balkans—and yet it is also one of structural vulnerability, evolving geopolitics and emerging opportunities for new players. The country remains a net importer of crude and refined oil products, while its domestic refining and distribution infrastructure is concentrated in a few hands. The combination […]
Israeli investment fund Windin’ Capital is entering the Romanian energy market with the acquisition of a 50% stake in a hybrid renewable project under development in Sebeș, Alba County. The project integrates a 67 MW solar power plant with a 180 MWh battery storage system, positioning it among the most advanced combined renewable–storage initiatives currently
Romania: Windin’ Capital enters market with investment in Sebeș solar-storage project Read More »
Montenegro’s state-owned power utility EPCG has requested that the Ministry of Spatial Planning, Urbanism and State Property issue the approval needed to begin preparatory works for the planned Krupac solar power plant near Nikšić. The project, designated as infrastructure of public interest, is expected to become one of the most important new assets within the
Croatian pipeline operator JANAF has issued a strong response after MOL and Slovnaft informed the European Commission’s Directorate-General for Competition that JANAF’s actions allegedly threaten the security of supply through the JANAF oil pipeline. The two companies argue that recent decisions by the Croatian operator have created operational uncertainty for their refineries in Hungary and
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The Republic of Srpska (RS) is pressing ahead with a major expansion of its hydropower sector, driven by significant untapped water resources that remain far below their full potential, according to Minister of Energy and Mining Petar Đokić. Current assessments indicate that only about one-third of the entity’s hydropower capabilities have been developed so far,
A U.S. private company could take over the construction and operation of the long-delayed gas pipeline linking Bosnia and Herzegovina with Croatia’s gas network, according to a proposal presented by U.S. Charge d’Affaires in Sarajevo, John Ginkel. He introduced the idea during a meeting with leaders of the political parties that form the governing coalition
There is no company in Serbia whose fate is as closely watched — and as quietly contested — as NIS, the country’s dominant oil and gas enterprise and one of the most powerful corporate forces in the Western Balkans. For years, NIS has stood as the embodiment of Serbia’s energy system: vast, profitable, strategically crucial, and
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
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.
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.
