November 28, 2025
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Romania: Electricity consumption slightly down, production falls 6% in 2025

According to data published by Romania’s National Institute for Statistics (INS), electricity consumption in the first nine months of 2025 reached 37.25 TWh, marking...

Montenegro: TPP Pljevlja set to resume production by 1 December after major overhaul

Coal-fired thermal power plant Pljevlja is expected to resume electricity production no later than 1 December, according to EPCG’s Director for Electricity Generation, Miro...

North Macedonia: Makpetrol reports 19% profit growth in first nine months of 2025

Macedonian fuel retailer Makpetrol reported a non-consolidated net profit of 14.7 million euros for the first nine months of 2025, marking a 19 percent...

Hungary: US lifts sanctions on Paks nuclear expansion project

The United States has lifted sanctions related to the construction of new units at Hungary’s Paks nuclear power plant, a project being developed by...

Croatia launches upgrade plan for TPP Jertovec to replace aging gas turbines

Thermal power plant Jertovec, located near Konjščina in the Hrvatsko Zagorje region, plays a key role in Croatia’s electricity system. The facility serves as...

Bosnia and Herzegovina: HPP Visegrad increases monthly production, still below last year’s level

The hydropower plant Visegrad, operated by ERS subsidiary Hidroelektrane na Drini, generated 37.91 GWh of electricity in October 2025. This represents a 31.3 percent...
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Region: US extends license for Lukoil asset transactions until 13 December

The US Department of the Treasury’s Office of Foreign Assets Control has issued a new license allowing transactions related to the sale of Lukoil’s...

Region: Carlyle eyes acquisition of Lukoil’s global assets amid intensifying U.S. sanctions

US private equity firm Carlyle is examining the possibility of acquiring segments of Lukoil’s international portfolio, as Washington intensifies sanctions on the Russian oil...

Slovenia: Government reports progress on 28 MW Mokrice hydropower plant

The National Assembly expects the Government to accelerate development of the Mokrice hydropower plant and to submit progress reports every three months. The Government...

Serbia: Novi Sad launches €110 million solar-thermal upgrade of district heating system

A major modernization of Novi Sad’s district heating system will include the construction of a large solar-thermal plant, a seasonal heat-storage facility and an...
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