Historic Danube water lows signal blackout risks – in tandem with fuel crisis
Power production is plummeting in Hungary, Serbia, Romania and Bulgaria due to an almost unseen drop in the Danube water level, which is also limiting oil and fuel shipments
Prosumers: We are sustaining Romania’s energy system amid crisis
Prosumers group APCE claimed merits for keeping the Romanian grid in balance as the drop in Danube water flows jeopardized power supply
Birol: Renewed escalation in Middle East boosts energy supply risk
The renewed escalation of the conflict in the Middle East is affecting the Strait of Hormuz and energy infrastructure in the region, heightening concerns over security of supply, International Energy Agency Executive Director Fatih Birol said.
Serbia opens operational diesel reserves to maintain supply stability
Oil companies in Serbia gained access to operational diesel fuel reserves, as low river water levels are hindering imports, and the global situation is becoming more complex
Fuel imports to Serbia fall amid low water levels, global disruptions
Only 25% of planned July imports of petroleum products into Serbia have arrived, due to low Danube water levels, alongside global market disruptions and high prices, while stocks are dwindling
EU solar boom cuts gas import costs by EUR 20 billion since Middle East war began
For the first month ever, solar power provided a quarter of EU electricity this June
Croatia allocates subsidies for energy renovation of further 269 buildings
The government has adopted a decision to provide co-financing for 269 project proposals
Banks pump record billions into fossil fuel expansion in 2025
The 17th edition of the Banking on Climate Chaos report reveals that the largest 65 banks committed USD 906 billion to fossil fuel companies in 2025