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Croatia Reaffirms Control Over Russian Oil Transit Amid Regional Tensions

Croatia's position on the transit of Russian oil has gained prominence as tensions rise in Central Europe. Economy Minister Ante Šušnjar recently reaffirmed the...

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...

Latest news

Banatski Dvor expansion delays deepen Serbia’s reliance on Hungarian storage

Serbia’s Banatski Dvor underground gas storage expansion is experiencing further slippage, according to project timelines that have moved past the previously targeted end of...

Montenegro extends Sinjajevina wind project timeline to 2030

Montenegro has extended the development timetable for the 112 MW Sinjajevina I wind farm, moving the expected commercial operation target toward 2030. The revised...

Hungary granted temporary EU delay on Serbia gas capacity bundling rules

Hungary has received temporary approval from the European Commission to postpone full implementation of EU gas-capacity rules at its border with Serbia until the...

ADMIE secures equipment for €3.5bn of grid projects through 2029

Greek transmission operator ADMIE has secured equipment for projects worth about €3.5 billion, cutting procurement risk across more than half of its €6 billion...

Federation of Bosnia electricity generation up 15.8% in August as trade falls

Electricity production in the Federation of Bosnia and Herzegovina increased in August compared with August 2025, while both imports and exports declined from year-earlier...