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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...

Latest news

Eastern SEE electricity prices remain near €300/MWh as falling renewable output boosts import dependence

Day-ahead electricity prices across Southeast Europe declined from Thursday’s extreme levels on 30 October, although markets in the eastern part of the region remained...

North Macedonia launches competitive guarantees of origin trading with first auction

North Macedonia has launched competitive trading of guarantees of origin (GOs), with electricity market operator MEMO completing the country’s first auction and establishing a...

Croatia’s Trtar-Krtolin wind farm to nearly triple capacity through 30 MW repowering and battery storage

Croatia’s Trtar-Krtolin wind farm is preparing a major repowering project that would increase the site’s installed capacity from 11.2 MW to 30 MW, while...

Montenegro and Italy step up preparations for electricity market coupling

Montenegro and Italy are advancing preparations for the integration of their wholesale electricity markets, although regulatory requirements mean coordinated trading is unlikely to begin...

Eastern SEE power prices hold near €300/MWh as weaker renewables drive higher imports

Day-ahead electricity prices across Southeast Europe eased from Thursday’s extreme levels on 30 October, but markets in the eastern part of the region remained...