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Climate change is no longer a distant threat but a daily reality shaping the business environment. From extreme weather events to shifting consumer and investor expectations, the impacts of climate change affect everyone—from small businesses to large corporations. In this…

The Petroleum Industry of Serbia (NIS) has officially submitted a request for the postponement of sanctions to the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury, the Ministry of Mining and Energy announced. The statement…

The European Bank for Reconstruction and Development (EBRD), which has been present in Montenegro since 2006, will provide the Montenegrin Electricity Distribution System (CEDIS) with a 35 million euros loan to support the modernization and digitalization of Montenegro’s power grid.…

Over the past decades, the European Union has achieved significant success by creating a single market, reducing trade barriers within Europe, and establishing global trade agreements. This progress has led to economic growth, job creation for citizens, and increased competitiveness…

Nord Stream refers to the underwater pipeline system transporting natural gas from Russia to Europe, spanning 1,200 kilometers beneath the Baltic Sea. This system directly connected Russian gas resources with European markets, bypassing transit countries and delivering gas directly to…

After reaching a new high in 2024, global demand for coal is set to level off in the coming years as a surge in renewable power helps to meet soaring demand for electricity around the world, according to an IEA…

In light of the growing challenges of climate change and the energy crisis, European countries are rethinking their energy policies. Hungary, which prides itself on significant reductions in greenhouse gas emissions and the ambition to achieve climate neutrality by 2050,…