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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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Hungarian power prices surge as weak wind drives Southeast Europe higher

Hungarian electricity prices jumped nearly 12% for Tuesday delivery, driving a broader increase across Southeast Europe as a sharp decline in forecast wind generation...

TDI financing for 58 MW Iratoșu solar plant in western Romania

TDI Renewables has secured €25.5 million in financing from Raiffeisen Bank International for its 58 MW Iratoșu solar power plant in western Romania. The...

Nuclearelectrica revises 2026 outlook as Cernavoda outages drive replacement power costs

Romanian nuclear producer Nuclearelectrica has reduced its forecast for 2026 net profit by 42.9% to €221 million. The company attributed the change to prolonged...

MMK Vilusi requests environmental screening for 35 MW solar plant in Nikšić

MMK Vilusi has applied for environmental screening for a 35 MW solar power project in western Montenegro, with the development planned for the Nikšić...

North Macedonia extends oil-supply emergency framework to April 2027

North Macedonia has prolonged its oil-supply emergency framework, with the country’s parliament extending the measure until April 20, 2027. The extension keeps government powers...