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Croatia’s Strategic Position in Russian Oil Transit Amid EU Sanctions

The ongoing geopolitical tensions surrounding energy supplies have placed Croatia in a pivotal role regarding the transit of Russian oil, particularly through the JANAF...

The impact of refinery ownership changes on by-product markets in South-East Europe

The recent transfer of Russian oil assets in South-East Europe has significantly transformed the control and operation of refineries, resulting in a reevaluation of...

Europe: EU plans tariffs on Russian oil to curb dependence and push diversification

The European Commission is preparing to introduce tariffs on Russian oil that continues to enter the European market. Spokesman Olof Gill confirmed that the...

Hungary calls EU to take action against Ukraine as it blocks transit of Russian oil

Hungary asked the European Union to take action against Ukraine for imposing a partial ban on Russian oil exports, arguing the move was jeopardizing...

Bulgaria to end Russian oil imports from March

Bulgarian lawmakers decided to end imports of Russian crude starting from March, following Lukoil's statement that it may sell Bulgarian assets due to unfair...

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...

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SEE power prices ease as €0.70–€251/MWh swings boost storage value

Day-ahead electricity prices across eastern Southeast Europe eased towards €160/MWh for Sept. 26 delivery, but sharp intraday swings continued, with prices ranging from almost...

Albania: ALPEX day-ahead electricity trading jumps 40% year on year

Electricity trading on Albania’s ALPEX day-ahead market rose sharply in August, with traded volumes reaching 244.5 GWh, an increase of 8% from July and...

European Energy brings 27 MW Tsoukes Sarres wind farm online in Greece

European Energy has started commercial operations at its first Greek wind farm, Tsoukes Sarres. The project is backed by Danish pension capital through Sampension,...

Alternative gas supply plans for Hungary by 2027 via Croatia and regional pipelines

Hungary says alternatives could replace Russian gas within a year, and that it could technically replace Russian natural gas within a year. The statement...

Bulgaria and Greece price levels fall as solar and battery capacity grows

Southeast Europe is emerging as one of Europe’s lower-priced electricity regions, with growing renewable generation and battery deployment beginning to alter the regional price...