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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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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.
North Macedonia’s ESM to boost output at Globočica and Špilje HPPs
North Macedonia’s state-owned electricity company AD ESM said on November 5 that it will launch the third phase of its project for revitalisation of hydropower plants by the end of this year, aiming to boost annual hydropower output by 50 GWh.
Kazakh parliament approves legal amendments to boost hydrocarbon and uranium sectors
Kazakhstan’s Majilis (Parliament) has approved at second reading a series of amendments to the Code on Subsoil and Subsoil Use aimed at improving the management of the country’s hydrocarbon and uranium resources, Kazinform has reported.
Will Trump’s Central Asia summit in Washington help break the Chinese chokehold on rare earths?
“Rare earths”. As Donald Trump on November 6 hosts Central Asia’s five presidents in Washington, DC, observers can forgive themselves if they quickly lose count of the number of times these buzzwords are uttered.
Russia and Turkey said to negotiate gas supplies renewal
Slovak President Pellegrini praises his Polish counterpart’s offer of US gas shipments
Slovak President Peter Pellegrini praised the offer of US gas shipments from Poland to Slovakia made by his Polish counterpart Karol Nawrocki.
Turkmenistan reveals electricity export aspirations
Ashgabat building Caspian power plant.
Mongolia engages ADB to provide transaction advisory for stable solar energy project
The Asian Development Bank (ADB) has announced in a press release that it has been engaged by the government of Mongolia to provide transaction advisory services for the Stable Solar Energy in Mongolia Project.
Poland's PGE gets key permit for 0.9 GW offshore wind farm, eyes auction
Polish state-owned utility PGE has received a key environmental decision for its Baltica 1 offshore wind farm, clearing the 0.9 gigawatt (GW) project to participate in an auction scheduled for Dec. 17, the company said on November 3.
Environmentalists hit out at plans to relocate up to 60,000 for Tajikistan’s Rogun mega hydro project
Plans to relocate up to 60,000 people from the flood zone of Tajikistan’s $8bn Rogun mega hydroelectric power plant (HPP) project are "deeply flawed", the international environmental coalition Rogun Alert said in a report published on November 4.
Hungary, US set to deepen nuclear energy ties during Orbán’s White House visit
Viktor Orban, seeking to secure a temporary waiver from US sanctions on Russian oil, will propose a pragmatic energy deal to Washington, offering deeper cooperation in the LNG and nuclear sectors.
Earthquake damage disrupts Uzbek, Tajik power exports to Afghanistan
Afghanistan’s power imports from Uzbekistan and Tajikistan were reportedly disrupted when transmission lines were damaged during the 6.3-magnitude earthquake that hit northern Afghanistan before dawn on November 3, killing at least 27 people.
Montenegro’s EPCG begins transport of giant blades for new Gvozd wind farm project
Montenegro’s state-owned power utility EPCG said it has begun transporting giant wind turbine blades for the Gvozd wind farm, a flagship renewable energy project that marks a major milestone for the country’s energy sector.
Slovak municipalities could oppose country’s wind energy plans
The country’s majority state controlled Nuclear Energy Company (JESS) plans a wind project which could number up to 45 wind turbines, and has already submitted it for environmental impact assessment (EIA).
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