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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...

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SEE power prices jump as weekday demand returns, Serbia tops €300/MWh

Southeast European day-ahead electricity prices surged on Monday, October 19, as the return of weekday demand, weaker renewable generation forecasts and continued reliance on...

Greece unveils €200 million battery storage scheme as project pipeline grows

Greece is preparing a €200 million battery-storage support programme as the country seeks to accelerate the deployment of standalone batteries and renewable-linked storage. The...

Djerdap 3 pumped-storage: Bechtel-Enka qualifies as Serbia prepares planning

Serbia has advanced work on the proposed Djerdap 3 pumped-storage hydropower project, with a Bechtel-Enka consortium qualifying for the next stage of government negotiations....

Romania extends 25% diesel excise reduction until Oct. 31

Romania will keep a 25% reduction in diesel excise duty until Oct. 31, extending temporary relief for transport operators and other businesses. The decision...

R.Power completes 55-MW Lazuri solar plant in Romania; grid link by end-2026

Polish renewable-energy developer R.Power has finished construction of the 55-MW Lazuri solar plant in Romania’s Satu Mare county. Grid connection is expected before the...