Bulgaria’s Parliament has passed sweeping legislation granting a state-appointed special commercial administrator (SCA) full control over the Bulgarian assets of Russian oil giant Lukoil,...
Swiss commodities trader Gunvor has withdrawn its proposal to acquire the foreign assets of Russian oil giant Lukoil, following strong opposition from the U.S....
Bulgarian President Rumen Radev has vetoed a recently adopted amendment that would have required the State Agency for National Security (SANS) to approve any...
Energy Minister Zhecho Stankov has confirmed that Bulgaria’s fuel supply remains fully secure despite the recent US sanctions imposed on Lukoil and its subsidiaries....
Russian oil company Lukoil is expected to sell its Romanian refinery, Petrotel, before the November deadline set under the latest US sanctions targeting Russian...
The Consumer Protection Commission (CCP) has launched a thorough investigation into the pricing strategies used by Lukoil for its fuel sales, with the aim...
A ceremony marked the completion of the breakthrough phase of the headrace tunnel for Hydropower Plant (HPP) Dabar, one of the largest hydraulic tunnels...
Serbia’s state-owned power utility EPS is continuing its hydropower modernization program, following upgrades at the Bajina Bašta, Zvornik, and Đerdap 1 plants. The next...
Montenegrin state-owned power utility EPCG has completed the reconstruction and modernization of Unit A7 at the Perucica hydropower plant, marking a major milestone in...
Prolonged drought and scarce rainfall have severely reduced water levels in North Macedonia’s reservoirs and hydropower plants. According to data from state-owned power utility...
