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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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The Age of Electricity is here -IEA
Electricity is becoming the most important source of energy, but the International Energy Agency warned that the world is entering a period of heightened energy insecurity marked by geopolitical volatility, rising demand, and an oil glut.
Ex-owner of PornHub said to bid for assets of Russian Lukoil along with Exxon
Austrian investor Bernd Bergmair, the former majority owner of adult entertainment conglomerate MindGeek, has expressed interest in acquiring foreign assets of Russian oil giant Lukoil.
EU finalises timeline for Russian gas phase-out
The European Council and European Parliament reached a provisional deal on December 3 to phase out all Russian natural gas imports, according to an official EU Council
Tyre-burning greenhouses among those targeted in Tashkent-centred clean-up amid air pollution crisis
Uzbekistan is stepping up efforts to ensure greenhouses around the capital Tashkent run on clean or cleaner energy, given dirty emissions that have contributed to the city’s air pollution crisis.
Bulgaria signs key deal to advance new nuclear units at Kozloduy
Bulgaria has signed a major contract to build two new nuclear reactors at its Kozloduy nuclear power plant, using Westinghouse’s AP1000 technology, in a move officials say will strengthen the country’s long-term energy security.
Tajikistan brings in power consumption restrictions similar to those put in place by crisis-hit neighbour Kyrgyzstan
Tajikistan has brought in electricity consumption restrictions similar to those already put in place by neighbour Kyrgyzstan, which is enduring a dire power deficit.
Gunvor founder and CEO Törnqvist steps down and sells stake
Kazakhstan launches fully automated inspection line for uranium fuel pellets at Ulba plant
Kazakhstan has taken a major step forward in nuclear fuel manufacturing as the Ulba Metallurgical Plant (UMP) in Ust-Kamenogorsk launched a fully automated inspection line for uranium fuel pellets and expanded production of fuel assemblies.
India still committed to working out viability of importing coking coal from Mongolia, says report
India is still committed to ascertaining the viability of importing coking coal from landlocked Mongolia despite transport bottlenecks that are proving a serious headache.
UK-listed EMH announced obtaining of €360mn Czech-administered grant for Cínovec Lithium site
The Australian and UK listed mineral exploration and development company EMS announced that its joint venture with majority-state-owned Czech energy utility ČEZ, Geomet, has been awarded the Czech-administered €360mn grant.
Debt of Russian RusHydro hydropower major up 30% in 9M25
Profit of sanctioned Russian Rosneft drops 70% in 9M25
Profit of Russian state oil major Rosneft down 70% under IFRS in the first nine months of 2025 as the company has been hit by the US sanctions
Russian gas giant Gazprom ups profit 13% in 9M25
Russian gas giant Gazprom giant maintains net profit in 9M25 under IFRS despite the debt pile
Mongolia reports 900 km of progress in building out rail to link mining zones with land ports on China border
Mongolia has in the last four years reportedly built around 900 kilometres (559 miles) of new railway across the South Gobi region to connect key mining zones to two land ports on the border with China.
Ukraine better prepared for potential blackout as Russia targets power system – Ukrenergo chief
Ukraine is far better equipped to withstand a potential nationwide blackout caused by Russian strikes than it was two years ago, the head of the country’s electricity transmission operator Ukrenergo said on November 27.
Latvian-state owned energy holding reports €163.9mn profit for 9M25
Latvenergo Group reported a decline in revenue, earnings and profit as lower water inflow on the Daugava River reduced hydropower generation.
Turkey surpasses 38 GW in solar and wind capacity, targets 120 MW by 2035
Turkey’s Minister of Energy and Natural Resources, Alparslan Bayraktar, has announced that installed national solar and wind power capacity has exceeded 38,000 megawatts (38 gigawatts) as a result of nearly $30bn in investment.
Turkey’s EV charging investment stands at $600mn, another $1.2bn required by 2035, says e-mobility expert
Slovak employers association criticises new gas tariffs
Czech Sev.en energy group to switch off two largest coal-powered plants by March 2026
Czech Sev.en energy group controlled by controversial coal tycoon Pavel Tykač is to switch off coal-powered electricity plants Počerady and Chvaletice and the Kladno heat plant by March 2027.
Share of green power in Uzbekistan’s electricity production stands at 23% in year to date, says ministry
Renewable power plants in Uzbekistan have produced over 9.7bn kWh of energy in the year to date, accounting for 23% of total electricity production in the country, according to the energy ministry.
YEKA tenders secure Turkey $400mn in solar investment
Turkey’s Renewable Energy Resource Zone (Yeka) tenders on November 25 attracted around $400mn in investment and allocated 650 megawatts (MW) of solar capacity.
Albania’s electricity production drops sharply in Q3, imports surge
Albania’s electricity production fell sharply in the third quarter of 2025, prompting a significant rise in imports, according to data released on November 26.
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