Romania wants to take control of Lukoil’s operations to prevent an imminent freeze from the sanctions imposed by the United States. Bulgaria is already putting the Russian company’s refinery, the largest in the Balkans, under a trusteeship. Serbia announced that similar measures have been proposed to exempt Gazprom-owned NIS and its refinery, the only one […]
Over the past four years, North Macedonia has achieved strong growth in renewable energy sources. A total of 1,200 MW of capacity has been connected to the grid, marking a new phase of the country’s energy transition, according to Marko Bislimoski, President of the Energy, Water Services, and Municipal Waste Management Services Regulatory Commission of […]
Power utility Elektrani na Severna Makedonija estimated that it requires EUR 3 billion by 2040 to replace electricity from its lignite-fired power plants. According to member of the Board of Directors Ivan Stojanovski, the state-owned company is preparing investments in gas power plants, solar, wind, hydropower and energy storage. He highlighted its plans for a […]
The European Union’s proposed measures to phase out imports of Russian oil and gas would destroy Hungary’s security of supply, according to Minister of Foreign Affairs and Trade Péter Szijjártó, who spoke at the meeting of energy ministers in Luxembourg. Slovakia is in a similar situation, while Romania pointed to the difficulty of proving the […]
Croatia is investing only half as much in the electricity network as Slovenia and Austria, said Managing Director of North-West Croatia Regional Energy and Climate Agency (REGEA) Julije Domac. He warned that without an acceleration in grid investments, there are no renewable sources and no energy transition. Croatia is about to overcome one of the […]
The European Union is connecting Serbia to its energy market, and it is the true guarantee that Serbian families will be safe and warm in winter, European Commission President Ursula von der Leyen said in Belgrade. She expressed preparedness to invest further in the country’s gas interconnector with Bulgaria. In her speech during the visit […]
Serbia is in a very difficult situation because, as of January 1, 2026, it won’t be able to receive Russian natural gas via Bulgaria, according to the Ministry of Mining and Energy. Serbia receives natural gas from Russia via the Balkan Stream. The pipeline is an extension of TurkStream that passes through Bulgaria and Serbia. Bosnia […]
Minister of Economy Ante Šušnjar has said that Croatia is prepared to acquire Russian-owned oil company NIS in Serbia, which came under US sanctions today. Croatian state-owned oil pipeline operator Jadranski naftovod (JANAF) relies heavily on deliveries to NIS, and Šušnjar believes the acquisition would benefit both Croatia and Serbia. The US sanctions against the […]
Alcazar Energy intends to increase its investments in Montenegro from USD 200 million to USD 500 million, according to Co-Founder and Managing Partner Daniel Calderon. Alcazar Energy is one of the companies with which Montenegro has signed memoranda of understanding on projects in the energy sector. It was done today at the EU-Montenegro Investment Conference […]
Minister of Energy and Mining of the Republic of Srpska Petar Đokić expressed belief that the European Commission would postpone the implementation CBAM, set for January 1, 2026. Minister Petar Đokić participated in the Energy Week Western Balkans 2025 conference, where he recalled that the Republic of Srpska has signed several contracts with domestic and […]
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