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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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Czech and Slovak cabinets renew joint sessions, discuss energy crisis
The Czech and Slovak cabinets renewed joint sessions on March 31, two years after the previous Czech centre-right cabinet of Petr Fiala suspended the joint sessions over diverging foreign policy views between including support of Ukraine.
EC sends letter to Slovakia condemning double pricing of diesel
The European Commission sent a letter to Slovakia condemning Bratislava for double pricing of diesel fuels at Slovak gas stations, which charge higher prices to cars with foreign license plates.
Poland’s PGE sees 2025 power generation slip as recurring core earnings climb
Poland’s major power group Polska Grupa Energetyczna (PGE) saw its recurring EBITDA inch up by 2% y/y in 2025, according to estimated data. At the same time, its net result as well as power generation declined slightly last year.
US extends Russia’s Lukoil asset sale deadline to May 1
The US Office of Foreign Assets Control extends deadline for the sale of foreign assets of Russian oil major Lukoil to May 1
Lithuania mulls windfall tax on Orlen Lietuva amid spiking fuel prices
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US Polar LNG eyes equipment of sanctioned Russian Arctic LNG 2 project
US liquefied natural gas major Polar LNG is reportedly seeking to buy equipment from the sanctioned Russian Arctic LNG 2 project for its own Arctic needs.
Slovenia’s Petrol posts €174.2mn net profit in 2025, misses targets amid regulatory pressures
Ukraine energy imports surge as deficit widens
Mozambique's National Hydrocarbons Company pays $78mn dividends to government over eight years
Mozambique’s state-owned National Hydrocarbons Company (ENH) has paid up to $78mn in dividends to the state since 2018, Lusa wrote on March 27.
Czech state to loan 100,000 tonnes of oil to country’s refiners
The Czech state is to borrow 100,000 tons of oil from state reserves in response to curtailment of deliveries via the southern IKL/TAL pipelines.
Sany of China plans €1bn green energy and data centre project in Romania
Chinese industrial conglomerate Sany Group plans to invest more than €1bn in a large-scale hybrid energy and data centre project in western Romania.
Profit of Russian oil major RussNeft down 56% in 2025
Russian oil company RussNeft had its net profit decline 56% in 2025, while corporate governance remains a major concern for the analysts
Poland's Tauron proposes first dividend in 11 years as 2025 net profit skyrockets
Polish power group Tauron Polska Energia proposed on March 30 to pay a dividend from its 2025 profit, moving to return cash to shareholders three years ahead of its strategic plan and for the first time in 11 years.
Bosnia’s electricity supply stabilises after snow-related outages
Power supply in Bosnia & Herzegovina is stabilising following heavy snowfall that caused widespread damage to transmission and distribution networks, the state utility Elektroprivreda BiH said on March 30.
Kenya targets Mozambique gas imports to reduce reliance on Middle East
Kenya is pursuing a long-term agreement with Mozambique to secure natural gas supplies as it looks to stabilise domestic energy costs and reduce reliance on imports from the Middle East, where ongoing conflict has disrupted markets
Hidroelectrica to distribute full 2025 profit as dividends
Romania’s state-controlled Hidroelectrica (BVB: H2O) will ask shareholders to approve the distribution of its entire 2025 net profit of RON3.3bn (€673mn) as dividends.
Hungary’s MOL JV makes new gas discovery in Pakistan
A joint venture led by MOL Pakistan made a major oil discovery in Pakistan's District Kohat, which is expectedc to boost MOL’s production by 400 boepd.
Hydropower leads February electricity generation in Turkey after record rainfall
Plentiful rainfall in February — the highest in 66 years — boosted dam reservoir levels across Turkey and made hydroelectric power plants (HPPs) the top contributor to the country’s energy mix.
Second attack on Iran’s Bushehr nuclear power station raises Chernobyl radiation cloud spectre
A second missile attack in the proximity to Iran’s Bushehr nuclear power plant (NPP) has raised the spectre of a Chernobyl-like cloud of radiation drifting over the Gulf region, making some countries uninhabitable and poisoning the water.
Slovak refiner Slovnaft looks for new oil delivery routes as Iran war continues
Slovak Hungarian MOL owned oil refiner Slovnaft is looking for new alternate oil delivery routes as the war in Iran shows little sign of ending soon.
Czech PM Babiš calls on fuel distributors to lower diesel prices
Czech Prime Minister and billionaire leader of the populist Ano party Andrej Babiš called on major fuel distributors to lower diesel prices and on the country’s anti-trust office (ÚOHS) to intervene against excessive pricing.
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