Serbia has secured a new 30-day reprieve from the application of US sanctions targeting NIS, operator of the country’s only refinery, which is majority owned by Gazprom.
Naftogaz and the State Oil Company of the Republic of Azerbaijan (SOCAR) have formalised an initial contract for natural gas delivery via the Transbalkan corridor, opening new logistical perspectives for Ukraine’s energy supply.
Romanian company Electrica raised €500 million through the country's first green bond issuance, with participation from the European Investment Bank (EIB), to finance its renewable energy and storage projects.
Belgrade is engaged in complex negotiations with Washington to obtain a fifth extension of sanctions relief for the Serbian oil company NIS, which is majority-owned by Russian groups.
The European Bank for Reconstruction and Development lends €400 million to JSC Energocom to diversify Moldova's gas and electricity supply, historically dependent on Russian imports via Ukraine.
Eurowind Energy initiates a €174.8mn investment to build a 220 MW solar park in Vișina, Romania, capable of supplying around 150,000 households annually.
OMV Petrom acquires 50% of the 400 MW Gabare photovoltaic project near Sofia, in partnership with Enery, in a deal valued at approximately €200 million including a potential energy storage solution.
A new European consortium launches the design of a small lead-cooled modular reactor, targeting global commercialisation by 2039, with a demonstration scheduled as early as 2035.
Belgrade is currently finalising a new gas contract with Russia, promising Europe's lowest tariff, according to Srbijagas General Director Dusan Bajatovic, despite Europe's aim to eliminate Russian imports by 2027.
The European Commission is considering legal action over RED III delays, as regulatory uncertainty slows renewable hydrogen projects and Union-wide investment.
A Bosnian entity adopts a text to build a gas pipeline toward Croatia. This measure aims to diversify supply and reduce reliance on Russian gas, under the notable impetus of American diplomacy.
The European Bank for Reconstruction and Development (EBRD) is investing 100 million euros in Green Genius, a renewable energy company, to support its expansion in Europe and strengthen the energy transition in the region.
Nuclear-friendly countries are calling on financial institutions and development banks to finance nuclear infrastructure and develop small modular reactors.
Ukraine and Moldova are facing a critical winter due to the destruction of their energy infrastructures.
The International Energy Agency is calling for urgent action to guarantee their energy security in the face of unprecedented challenges.
Photon Energy recently commissioned a 7.5 MWp photovoltaic plant in Romania, bringing its portfolio to 100 installations.
This move underlines Photon Energy's commitment to renewable energies and its strategy of growth in the European market.
Serbia, still dependent on coal, is exploring a return to civil nuclear power, with consultations underway and a cooperation agreement signed with France.
Greece, Romania and Bulgaria are working together to develop a regional mechanism to mitigate electricity price fluctuations, believing that the EU's single market is ill-suited to South-East Europe.
ENGIE Romania commissions its first 57 MW hybrid wind/solar power plant in Gemenele, strengthening its position in the renewable energy market with a total capacity of 211 MW.
Romania, Azerbaijan, Georgia and Hungary create a joint venture to establish an energy corridor via a submarine cable, linking the electricity markets of Eastern Europe.
Hungarian Foreign Minister Peter Szijjarto discusses energy supplies with Gazprom CEO Alexei Miller in Russia, a move that heightens tensions with the European Union.
