Power Markets

Romania: Cernavoda Unit 2...

Unit 2 of Romania’s sole nuclear power plant, Cernavoda, was brought back online...

Montenegro: Major renewable energy...

Two significant renewable energy projects are progressing in the village of Korita, located...

Bulgaria: Solaris Holding launches...

Solaris Holding, a joint venture between Bulgarian-German solar developer Sunotec and Eurohold Bulgaria,...

Bosnia and Herzegovina: Electricity...

Gross electricity production in the Federation of Bosnia and Herzegovina (FBiH) reached 512...
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Bulgaria: Nearly 127 million litres of Russian crude oil is available in the Bulgarian market

As of January 1, 126.9 million litres of crude oil originating in or exported from Russia, and imported in Bulgaria based on an exception...

Bulgaria: Fuel exports exceeded 1 billion euros

The export of fuels in the period from January to August 2023 amounted to 2.2 billion BGB (around 1.1 million euros), according to data...

Bulgaria: SOCAR interested to purchase Lukoil’s business

Azerbaijan’s State Oil Company SOCAR is interested in purchasing the assets of the Russian company Lukoil in Bulgaria, local media reports. Local media claims that...

Russian sway on the Balkan oil and gas market remains strong

Russia may have largely lost its sway over Europe’s oil and gas market, but its position in the Balkans remains strong. The continued presence...

Bulgaria: Burgas refinery could be closed

Lukoil Neftochim Burgas issued a announcement related to an agreement on revoking the derogation granted by the EU Council for the import and processing...

Greece: Helleniq Energy eyes Lukoil refinery sale in Bulgaria

Helleniq Energy (formerly Hellenic Petroleum, ELPE), is keeping a close watch on the sale process of Lukoil’s refinery in Bulgaria, CEO Andreas Siamisiis has...
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