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Bulgaria sues Russian Gazprom over suspension of a long-term contract

Bulgarian gas company Bulgargaz started arbitration proceedings against Russian Gazprom, the Bulgarian company said in a press release published on its website. In 2023, the...

SEE region: MOL launches new arbitration proceeding against Croatia

The Hungarian oil company MOL has launched a new arbitration proceeding against Croatia and is seeking compensation for damages caused by the government's anti-inflation...

SEE region: Eurohold launch 500-million-euro arbitration proceedings against Romania

Eurohold Bulgaria and Euroins Insurance Group AD have officially filed a request for arbitration against the government of Romania at the International Centre for...

Bulgaria: Bulgargaz claims 400 million euros from Gazprom for gas supply suspension

The management of natural gas supplier Bulgargaz decided to seek 400 million euros from Gazprom for the 2022 suspension of fuel supplies. The decision was published...

BH Gas and Energoinvest have to pay 11 million dollars to the Hungarian FGSZ due to switching to Turkish Stream

The arbitration court in Zurich, Switzerland, decided that BH-Gas and Energoinvest are obliged to pay 11.16 million dollars to the Hungarian carrier FGSZ due...

Greece: DEPA to go to arbitration with Gazprom over gas prices

Greek gas supplier DEPA Commercial has decided to seek arbitration over its gas supply contract with Gazprom, DEPA CEO Constantinos Xifaras was quoted by...

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SEE electricity prices decline as renewable output increases and Italy’s premium widens

Electricity prices across southeastern Europe declined for September 30 delivery as forecasts pointed to stronger wind and solar generation and lower demand, reducing the...

Gazprom gas extension talks in Serbia as NIS sanctions deadline nears

Serbia expects to extend its gas supply arrangement with Gazprom beyond September 30 while Russian deliveries continue. President Aleksandar Vučić said after a call...

Serbia targets early-2027 start for Romanian gas interconnector construction

Serbia expects construction of its gas interconnector with Romania to begin in early 2027, creating an import route intended to diversify supply and strengthen...

Lukoil appoints Eugene Maniakhine to oversee Petrotel refinery restructuring

Lukoil has appointed Eugene Maniakhine to oversee the restructuring of its Petrotel refinery in Romania. The facility entered insolvency proceedings in August 2026 after...

North Macedonia aims for 38% renewables share by 2030

North Macedonia is targeting 38% renewable energy as a share of gross final energy consumption by 2030. The programme includes rapid solar expansion and...