Power Markets

Romania: Hidroelectrica signs €20M...

Hidroelectrica has selected the local subsidiary of Danish wind turbine manufacturer Vestas to...

Greece: EIB approves €25.9...

The European Investment Bank (EIB) has approved a green financing package of €25.9...

Greece and Egypt sign...

Greece’s and Egypt’s electricity transmission system operators, ADMIE and EETC, have formalized cooperation...

Bulgaria: Alexandroupoli LNG terminal...

The liquefied natural gas (LNG) terminal in Alexandroupoli, Greece, is preparing to increase...
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Tag: US sanctions

Serbia: NIS requests U.S. license to delay sanctions and removal from SDN list

Serbian oil company NIS has confirmed that it submitted a new request to the U.S. Treasury Department for a special license to delay the...

Serbia: US delays sanctions on NIS until early October

The enforcement of US sanctions on Serbian oil company NIS has been postponed until 8-9 October. The measures were originally set to take effect...

Serbia: US sanctions on NIS set for October 1 after brief extension

Serbian President Aleksandar Vučić announced that the United States has extended the sanctions deadline for the country’s oil company NIS by only four days,...

Serbia: Gazprom transfers NIS stake to subsidiary ahead of US sanctions deadline

Russian company Gazprom has formally withdrawn as a shareholder in Serbian oil company NIS, transferring its 11.3 percent stake to another Russian firm, Intelligence,...

Serbia: US extends sanctions deadline for NIS until late September

The US Department of the Treasury has once again delayed the enforcement of sanctions on Serbian oil company NIS, marking the sixth extension of...

Serbia: NIS seeks another OFAC license extension amid US sanctions risks

Serbian oil company NIS has formally requested another extension of its operating authorization from the US Treasury’s Office of Foreign Assets Control (OFAC), as...
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