Panic in fossil fuel markets as oil gas prices spike 30 amid Iran war

Panic in fossil fuel markets as oil, gas prices spike 30% amid Iran war

09 March 2026 - Oil and gas prices skyrocketed at the start of trading, over fears of a prolonged supply disruption from the attack by the United States and Israel on Iran

US LNG deals supply Central and Eastern Europe Balkans

US landing LNG deals to supply Central and Eastern Europe, Balkans

25 February 2026 - A group of European and Balkan countries agreed with the US to enhance gas supply, primarily by purchasing its LNG

Papastavrou Greece enters new era with offshore hydrocarbon leases

Papastavrou: Greece enters new era with offshore hydrocarbon leases

19 February 2026 - Offshore concessions for Chevron and HELLENiQ Energy are marking a new era for Greece, said Minister of Environment and Energy Stavros Papastavrou

North Macedonia unveils EUR 5 7 billion plan power plants energy storage

North Macedonia unveils EUR 5.7 billion plan for new power plants, energy storage

02 February 2026 - North Macedonia's 2026 plan includes 67 power plant projects of at least 1 MW each, for investments totaling an estimated EUR 3.74 billion

Romanian tomato grower halve costs own cogeneration units

Romanian tomato grower to halve costs by installing own cogeneration units

02 February 2026 - One of the largest greenhouse tomato growers in Romania is about to start generating power and heat and capturing CO2

Serbia developing legal framework CO2 storage

Serbia developing legal framework for CO2 storage

08 January 2026 - Serbia's draft law on hydrocarbon exploration and exploitation will include permanent disposal of CO2 in geological formations of depleted deposits

Fearful about oil sanctions Serbia Vucic seeks support from EU leaders

Fearful about oil sanctions, Serbia’s Vučić seeks support from EU leaders

11 December 2025 - Facing NIS's imminent halt due to US sanctions, President Aleksandar Vučić met with EU leaders António Costa and Ursula von der Leyen

Uncompetitiveness holds EU far behind green hydrogen targets

Uncompetitiveness holding EU far behind green hydrogen targets

05 December 2025 - Several high-profile renewable hydrogen projects have been canceled and major companies reduced their decarbonization ambitions, ACER said

Energy Community calls for nominations of PECI energy infrastructure projects

Energy Community calls for nominations of PECI energy infrastructure projects

01 December 2025 - Cross-border energy infrastructure investments in the Energy Community can be nominated by January 19 within the 2026 PECI selection process

Several EU member states face uncertainty amid looming Russian gas ban

Several EU member states face uncertainty amid looming Russian gas ban

21 October 2025 - Hungary and Slovakia oppose the Russian gas ban, but the Energy Council envisages exceptions for EU states and even the Western Balkans

Von der Leyen EU guarantee Serbian families will be warm in winter

Von der Leyen: EU is guarantee that Serbian families will be warm in winter

16 October 2025 - The EU is connecting Serbia to its energy market, and it is the true guarantee that Serbian families will be safe and warm, Von der Leyen said

Serbia economy unchartered territory US sanctions oil company NIS

Serbia’s economy in uncharted territory amid imminent US sanctions against oil company NIS

08 October 2025 - For NIS in Serbia, doing business is becoming exceptionally difficult as the United States is imposing sanctions, starting with payment systems

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