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EU sanctions

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Europe: Slovakia ties support for EU sanctions on Russia to long-term gas deal extension

Slovak Prime Minister Robert Fico has stated that Slovakia will only lift its veto on the European Union’s eighteenth sanctions package against Russia if...

Hungary: New package of sanctions against Russia won’t affect NPP Paks 2 project 

The Hungarian authorities have ensured that the 14th package of EU sanctions against Russia won’t affect the construction of the Paks-2 nuclear power plant,...

EU: Germany blocks sanctions on Russian gas

EU countries had been close to a deal targeting liquefied natural gas but talks fell apart at the last minute. European Union countries failed to agree...

Bulgaria to end Russian oil imports from March

Bulgarian lawmakers decided to end imports of Russian crude starting from March, following Lukoil's statement that it may sell Bulgarian assets due to unfair...

Bulgaria: Lukoil has to pay 750 million euros in taxes

Prime Minister Nikolay Denkov said that Lukoil would have to pay over 250 million euros in taxes, or otherwise Bulgaria will lift the exemption...

North Macedonia, The sanctions against Russia will be implemented by the country as well

North Macedonian Minister of Economy Kreshnik Bekteshi said that the sanctions against Russia announced by the European Union will be implemented by the country...

Latest news

Slovenia net generation down 13% in August as imports increase

Slovenia’s net electricity generation fell 13% year on year in August to 919 GWh. Production was also 7% lower than in July. The month’s...

Serbia launches $600 million gas network modernisation with World Bank support

Serbia has secured a $600 million World Bank framework for a gas-system overhaul. The programme is planned as a decade-long modernisation of Serbia’s gas...

Bulgargaz obtains 10-year wholesale gas licence for Serbia

Bulgargaz, the Bulgarian state-owned gas supplier, has secured a 10-year wholesale gas licence in Serbia. The permit authorises the company to conduct commercial gas...

North Macedonia generation drops 22% in July as renewables rise

North Macedonia’s gross electricity generation declined 22.3% year on year to 460,035 MWh in July, even as hydro and wind output increased. The month’s...

MVM begins foundations for 1 GW combined-cycle plant at Tiszaujvaros

Hungarian state-owned utility MVM has started foundation work on a new 1,000 MW combined-cycle gas-fired power plant at the former Tisza II site in...