Austria

Gotion Launches First Electric Vehicle Battery Factory in Slovakia for Europe

Gotion inaugurates its Gigafactory in Slovakia, marking a significant advancement in electric vehicle battery production in Europe. This site, scheduled for 2027, strengthens the continent’s green industrial chain.

OMV posts €1.26bn operating profit in Q3 despite falling revenues

Austrian energy group OMV reported a 20% increase in operating profit in Q3 2025, driven by strong performance in fuels and petrochemicals, despite a decline in total revenue.

Elogen to deliver electrolyser to RoyalStav and Veolia for project in Slovakia

Elogen will supply a 1 MW PEM electrolyser for a cogeneration plant operated by Veolia Energia Slovensko, in partnership with RoyalStav, near Žiar nad Hronom.
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Shanghai Electric signs 342 MW deal with Econergy in Romania

Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.

Hungary seeks to maintain Russian oil imports despite sanctions

Viktor Orban says he is working to bypass recent US sanctions targeting Rosneft and Lukoil, underscoring Hungary’s continued reliance on Russian hydrocarbons.

Newcleo awards $81mn contract to NEXT-N for advanced modular reactors

French developer Newcleo launches a joint venture with Nextchem through a EUR70 mn contract to design the conventional island of its upcoming 200 MW modular nuclear reactors.
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EU approves ban on Russian gas imports by end of 2027

European Union member states have approved the principle of a full ban on Russian natural gas imports, set to take effect by the end of 2027.

Enspired partners with Banpu to enter Japanese battery storage market

Austrian battery optimisation specialist enspired enters Japan in partnership with Banpu NEXT, backed by a Series B extension to over €40mn.

INNIO to deliver 80 MW to strengthen power grid stability in Indonesia

Soaring electricity demand in Batam, driven by new data centres, leads INNIO and MPower Daya Energia to secure 80 MW and launch a five-year maintenance programme.
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Brussels moves forward with plan to eliminate Russian oil and gas imports by 2028

Ambassadors of European Union member states have approved the transmission of a legislative proposal to phase out Russian fossil fuel imports by January 2028 to the Council of Ministers.

JANAF and MOL begin crucial talks on Central European oil transport

Hungarian oil group MOL and Croatian operator JANAF are negotiating an extension of their crude transport agreement as the region seeks to reduce reliance on Russian oil.

Ukraine plans to increase gas imports by 30% after Russian strikes

The Ukrainian government is preparing to raise natural gas imports by 30% to offset damage to its energy infrastructure and ensure supply continuity during the winter season.
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Clariant targeted by BP and ExxonMobil in ethylene case

The Swiss chemical group faces two new lawsuits filed in Germany, bringing the total compensation claims from oil and chemical companies to over €3.5bn ($3.7bn) in the ethylene collusion case.

OMV builds 140 MW green hydrogen plant for its Austrian refinery

OMV is investing several hundred million euros in a 140 MW electrolysis unit in Austria, set to produce 23,000 tonnes of green hydrogen annually to supply its Schwechat refinery.

MET Group takes full control of Slovak subsidiary and enters Albania

Swiss energy company MET strengthens its footprint in Central and Southeast Europe with the full acquisition of MET Slovakia and the launch of a new operational subsidiary in Albania.
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Dispute escalates between MOL and Janaf over Adriatic pipeline’s supply capacity

A technical dispute between Hungarian group MOL and Croatian operator Janaf raises doubts about the Adriatic pipeline's ability to supply oil to Hungary and Slovakia.

Brussels prepares tariffs on Russian oil imported by Hungary and Slovakia

The European Commission is considering targeted tariffs on Russian oil imports still allowed in Hungary and Slovakia, in an effort to bypass existing exemptions.

German Greens oppose nuclear project linking Framatome to Rosatom

A nuclear fuel fabrication project in Lingen involving the French company Framatome and Russia’s Rosatom is raising concern in Germany, where the last reactors were shut down in 2023.
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OMV fires executive accused of links to Russian espionage in Vienna

OMV terminated the contract of one of its executives after suspicions of spying for Russia, prompting the Austrian Ministry of Foreign Affairs to summon a Russian diplomat.

Poland urges European Union to end Russian oil imports by 2026

Poland’s energy minister calls on European Union member states to collectively commit to halting Russian oil purchases within two years, citing increasing geopolitical risks.

Poland installs a hydrogen station in Katowice to refuel 20 buses per day

Katowice inaugurates a strategic hydrogen station, co-financed by the European Union, strengthening infrastructure for public and private transport in Poland.

Moldova faces Gazprom amid $700 million debt dispute

Gazprom suspends gas deliveries to Moldova starting January 1, citing a $700 million debt dispute. This interruption, in the midst of political tensions, underscores the country's energy dependency.

Slovakia Faces €150 Million Increase in Russian Gas Costs

The halt of Russian gas transit through Ukraine threatens energy supplies in Eastern Europe. Slovakia could face a €150 million cost increase, amplifying political and economic tensions.
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Ukraine Accuses Slovakia of Blocking €2 Billion Gas Transit

Ukrainian President Volodymyr Zelensky accuses Slovak Prime Minister Robert Fico of rejecting alternatives to Russian gas, jeopardizing a €2 billion annual transit agreement with the European Union.

Germany Suspends 20% of Kazakh Oil Imports After Pipeline Disruption in Poland

The disruption on the Druzhba pipeline, connecting Poland to Germany, halts 20% of Germany’s Kazakh oil supply, with a resumption expected by year-end.

Germany Approves Elimination of Cross-Border Gas Tax by 2025

The Bundestag has approved the elimination of the controversial neutrality tax on cross-border gas flows, a long-awaited change that will impact energy exchanges across Europe starting January 2025.
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Belarus resumes 1.5 million barrels of crude oil via Druzhba pipeline

Crude oil deliveries to Belarus via the Druzhba pipeline have resumed, impacting several European countries after a disruption caused by a technical incident.

The EPR of Flamanville: Chronicle of a Chaotic Journey and the Future of Nuclear

The EPR of Flamanville symbolizes the challenges of French nuclear energy: delays, cost overruns, and loss of expertise. As the future shifts toward EPR2, the revival of this strategic sector remains fraught with uncertainties.

Slovakia: EPH acquires 50% of Slovenske Elektrarne for 150 million euros

EPH, a Czech group owned by Daniel Kretinsky, acquires a majority stake in Slovenske Elektrarne for 150 million euros, consolidating its presence in the European nuclear energy market.
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The EU Targets Rosneft and 52 Russian Ships to Counter Sanctions Evasion

The European Union strengthens its sanctions against Russia by blacklisting additional ships and entities linked to Rosneft to combat evasion of the G7 price caps on Russian oil exports.

The EU claims readiness for winter with high gas reserves and reduced consumption

European Energy Commissioner Dan Jorgensen assures that the European Union is prepared to face energy challenges this winter, despite pressure on gas reserves.

OMV ends its historic gas contract with Gazprom

The Austrian group OMV has terminated its long-term contract with Gazprom, ending nearly six decades of energy dependency on Russia after a series of contractual violations.
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EU Adopts 15th Sanctions Package: Russian Tankers Under Pressure

The European Union strengthens sanctions against Russia by targeting new tankers involved in the transport of Russian oil and expanding its blacklist of entities supporting Moscow's military effort.

Czech Republic Faces the Solar Subsidy Challenge: Economic, Legal, and Climate Implications

The Czech government's decision to retroactively reduce solar subsidies raises serious concerns about legal stability, investor confidence, and the future of European climate goals.

Amarenco secures €500 million to strengthen its solar infrastructure in Europe

Amarenco announces an international €500 million financing deal to support its solar projects in Europe, solidifying its strategic positioning in key markets.
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Appointment of European Commissioners: A Contrasted Vision on Nuclear Energy

The European Commission welcomes a new team of commissioners tasked with shaping energy policy. However, the absence of strong nuclear advocates in key positions raises questions about the future of this energy source in the Union.

Natural gas prices hit record highs in Europe and the United States: diverging causes

Natural gas prices are soaring, reaching a record high in the United States and Europe for the past year, driven by weather forecasts for one and geopolitical tensions for the other.

Gazprom-OMV Dispute: A Test of Resilience for European Energy Diplomacy

A dispute between Gazprom and OMV disrupts Europe’s energy balance. Despite stable flows via Ukraine, legal and economic tensions increase the challenges of the European Union’s energy diplomacy.
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Italy: Enel, Leonardo, and Ansaldo Relaunch Nuclear Energy

Enel, Leonardo, and Ansaldo Nucleare join forces to study small modular reactors, marking a potential turning point for nuclear energy in Italy after decades of withdrawal.

Mukran LNG Terminal: An Immediate Response to the Suspension of Russian Deliveries to Austria

Following the suspension of Russian gas deliveries to OMV, the Mukran LNG terminal offers exceptional backup capacity to cover Austria’s annual energy demand.