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Energo follows key project, policy and investment in the power sector across the FSU and CEE. This has included extensive coverage of the Czech Republic and Lithuania’s efforts to build new nuclear reactors, changing renewables policies in Poland and Romania and the privatisation and modernisation of Russia’s power sector.
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Lukoil seeks US sanction extension, as Carlyle and Rosneft said to eye assets
Russia’s Lukoil is seeking an extension to the US sanctions deadline as the asset sale stalls, according to a report citing unnamed sources.
Hungary global leader in share of solar energy, report shows
Solar power accounted for close to 30% of electricity generation in Hungary in H1 2025, more than in any other country covered in a global report by international independent think tank Ember.
Rosatom and Kazakhstan’s NNC sign memorandum on radioactive waste management cooperation
Rosatom’s fuel division, TVEL, and Kazakhstan’s National Nuclear Centre (NNC) have signed a memorandum of intent to strengthen cooperation in radioactive waste management and the decommissioning of nuclear and radiation-hazardous facilities.
Mongolia informs Rio Tinto it would like to nominate and appoint Oyu Tolgoi mine development CEO
Mongolia’s PM has told Anglo-Australian mining giant Rio Tinto (RIO:NYSE) that having the CEO of the enterprise developing the massive Oyu Tolgoi copper-gold mine nominated and appointed from the Mongolian side would be a significant step.
Kyrgyzstan launches $50mn of new national stablecoin, orders crypto mining to cease amid power crisis
Kyrgyzstan’s financial regulator has announced the launch of more than $50mn worth of its new national stablecoin, the USDKG, which is backed by gold and pegged to the US dollar.
Czech energy utility ČEZ net profit drops by 6.5% to CZK21.5bn in Q1-Q3
Czech majority state-owned energy utility ČEZ reported profit of CZK21.5bn (€0.9bn) in the first three quarters of this year.
Kyrgyzstan’s energy minister under scrutiny for failing to explain why secrecy now surrounds water level at country’s main hydro reservoir
Kyrgyzstan’s Energy Minister Taalaibek Ibrayev is under scrutiny for failing to explain why secrecy has since May surrounded the water level at the reservoir of the country’s main power provider, the Toktogul hydroelectric complex.
Uzbekistan inks deals with UAE companies Masdar and AMEX Power for 500 MW of energy storage capacity
Uzbekistan has inked agreements with UAE companies Masdar and AMEX Power for the development of 500 MW of energy storage capacity, according to the Ministry of Energy.
Armenia’s energy regulator proposes revoking license of Electric Networks of Armenia
Russia’s Rosatom presents nuclear energy knowhow to Turkmenistan
Russia’s state nuclear corporation Rosatom has promoted its nuclear energy knowhow to Turkmenistan, according to reports in Turkmen state media.
Slovenia’s ELES and Italy’s Terna sign €250mn deal to boost Slovenia–Italy power link
Slovenia’s transmission system operator ELES and Italy’s Terna signed an agreement on November 11 to invest around €250mn in upgrading the cross-border electricity connection between the two countries.
Kyrgyz leaders past and present attack each other over power crisis
President Japarov, meanwhile, claims enemies are trying to bring him down, warns: “From now on, you will only see a coup in your dreams."
Montenegro and UAE sign strategic energy partnership to boost renewables and innovation
The governments of Montenegro and the United Arab Emirates (UAE) have signed a landmark agreement establishing a strategic partnership in the fields of renewable energy, advanced technologies, and modern energy infrastructure.
China's JA Solar to supply 1.2 GW of PV modules to Uzbekistan’s Samarkand solar projects
China's JA Solar, a provider of photovoltaic (PV) solutions, has signed a module supply agreement with Indian engineering and construction firm Larsen & Toubro (L&T) for the Samarkand 1 and 2 solar PV projects in Uzbekistan.
Russia in talks to buy 1,000t of Niger uranium amid Sahel realignment, fading French influence
French security assessments cited by Le Monde indicate Russia is negotiating a $170mn deal to acquire 1,000 tonnes of uranium from Niger, in a move that would redirect one of the Sahel’s strategic resources away from long-standing European buyers.
Polenergia posts lower EBITDA and net profit in Q3 2025
Warsaw-listed vertically integrated energy company Polenergia reported a consolidated EBITDA of PLN89.2mn (€19.1mn) in the third quarter of 2025, down from PLN150.3mn a year earlier.
Ukraine secures LNG deals with Greece and Poland to guarantee winter gas supplies
Ukraine will have sufficient gas supplies this winter after state-owned energy firm Naftogaz finalised a series of strategic agreements with partners in Greece and Poland to secure deliveries of liquefied natural gas (LNG) from the United States.
Russia unleashes massive overnight assault on Ukraine’s energy grid, crippling thermal plants and gas sites
Russia launched one of its heaviest air assaults in months overnight, striking Ukraine’s energy infrastructure with missiles and drones and causing widespread blackouts across major cities, including Kyiv and Kharkiv.
Russia grants another $0.9bn tax breaks to ailing Gazprom
Hungarian PM secures exemption from US sanctions, signs energy and financial agreements with Trump
The Hungarian leader secured exemption from US sanctions on Russian oil during talks with Donald Trump, with Budapest committed to buying $600mn in LNG and $700mn in military equipment and acquire SMR technology for $20bn.
Serbia’s EPS to modernise Vlasina hydropower plants in €110mn project
Serbia’s state-owned power utility, Elektroprivreda Srbije (EPS), announced on November 7 that it will launch a major modernisation of the Vlasina hydroelectric power plants, a project worth €110mn.
Households in Uzbekistan earn $12.8mn from selling solar-generated electricity to grid in 9M25
Households in Uzbekistan have earned over $12.8mn from selling solar-generated electricity to the national grid since the start of 2025, according to the country's tax committee.
Latvian state energy firm raises €400mn in green bond issue
Latvian state-owned energy company Latvenergo raised €400mn through a five-year green bond issue on the international market, with investor demand exceeding the target 5.5 times.
Prosecutors probe alleged fraud linked to Romania’s energy price cap scheme
Romanian prosecutors have opened an investigation into companies belonging to the Tinmar Group over alleged fraudulent operations connected to the government’s energy price capping and subsidy scheme.
ASX-listed TMK Energy reports record production at Mongolia coal seam gas project
TMK Energy (ASX: TMK) on November 5 announced record gas production during October at the pilot production project at its 100%-owned Gurvantes XXXV Coal Seam Gas (CSG) Project in Mongolia.
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