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Embargo on Russian crude oil will not affect Romania

Romanian Minister of Energy Virgil Popescu said that the embargo on Russian crude oil will not affect Romania, given that the oil companies in...

Region, Bulgaria and Croatia to be exempted from Russian oil embargo

The European Commission (EC) said that Bulgaria will be able to continue to import crude oil and petroleum products from Russia by sea until...

Serbia, Ensuring a stable supply of petroleum products is a priority

The new economic war between Brussels and Moscow has pushed energy prices - a barrel of oil exceeds 123 dollars. The European Union calls...

Latest news

Hungary and Serbia electricity prices surge as SEE import dependence grows and German price gap widens

Southeastern European day-ahead electricity markets showed sharp price divergence on Thursday, with Hungary and Serbia trading above €260/MWh as stronger demand, tighter regional supply...

Greece moves forward with first biomethane production facility

Greece is moving ahead with the development of its first biomethane production facility, following the issuance of an installation permit to DEPA Trade for...

Slovenia’s Brežice Solar Complex Reaches 15.34 MW

HESS, Slovenia’s hydropower producer, has commissioned two solar facilities at the Brežice hydropower plant, bringing total photovoltaic capacity at the site to 15.34 MW....

Romania weighs extending household gas protections beyond 2027

Romania may delay the full liberalisation of gas prices for households beyond March 2027, as policymakers weigh the risk of higher bills against the...

Fitch Affirms Romgaz at BBB- as Neptun Deep Raises Growth and Debt Risks

Romanian gas producer Romgaz has kept its BBB- rating, with a negative outlook, as expected growth from the Neptun Deep offshore gas development is...