Power Markets

Romania hits record electricity...

On December 4, Romania reached a new record for electricity imports, surpassing 3,000...

Romania: Depogaz awards €50...

Depogaz, a subsidiary of the Romgaz group and Romania's largest operator of underground...

Romania: Natural gas prices...

Starting on January 1, 2025, suppliers will no longer be able to purchase...

Greece: Renewable energy investors...

Investors in the renewable energy sector are increasingly prioritizing projects that integrate energy...
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Tag: russian crude oil

Hungary: MOL in final talks on Russian oil supply scheme

Hungarian oil and gas company MOL is close to finalizing negotiations for a new scheme to ensure the flow of crude oil from Russia,...

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: Lukoil considers sale of Bulgarian assets

Russian oil company Lukoil is evaluating options for its Bulgarian businesses, including a potential disposal, the company said in a statement. Lukoil will work...

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...

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...

Bulgaria, Half of crude oil processed in Lukoil’s Neftochim refinery in Burgas during 2021 was not Russian

According to head of Bulgaria’s Customs Agency Pavel Gerensky, 50 % of crude oil processed in Lukoil’s Neftochim refinery in Burgas during 2021 was...
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