Romania to take control of Lukoil assets

Romania to take control of Lukoil’s assets

12 November 2025 - Romania wants to take control of Lukoil's operations to get an exemption from US sanctions. It's unclear whether the government would nationalize the assets

Project pipeline Greece CO2 capture storage EUR 4 billion CCS

Project pipeline in Greece for CO2 capture, storage nearing EUR 4 billion

11 November 2025 - Carbon capture and storage (CCS) projects worth as much as EUR 3.6 billion are under development in Greece

US torpedoes Lukoil deal sell overseas business Gunvor

US torpedoes Lukoil’s deal to sell its overseas business to Gunvor

07 November 2025 - The US Treasury said it wouldn't allow Gunvor to "operate and profit," calling it "the Kremlin's puppet," so the firm gave up on Lukoil

Several EU member states face uncertainty amid looming Russian gas ban

Several EU member states face uncertainty amid looming Russian gas ban

21 October 2025 - Hungary and Slovakia oppose the Russian gas ban, but the Energy Council envisages exceptions for EU states and even the Western Balkans

Hungary Szijjártó MOL supply more oil fuel Serbia amid sanctions

Hungary’s Szijjártó: MOL to supply more oil, fuel to Serbia amid sanctions

10 October 2025 - Minister of Foreign Affairs and Trade of Hungary Péter Szijjártó said Serbia can count on an increase in supply of oil and fuel from MOL

Susnjar Croatia prepared buy oil company NIS in Serbia

Šušnjar: Croatia prepared to buy oil company NIS in Serbia

09 October 2025 - US sanctions against the Russian-owned NIS have taken effect, and Šušnjar claims the acquisition would benefit both Serbia and Croatia.

Serbia economy unchartered territory US sanctions oil company NIS

Serbia’s economy in uncharted territory amid imminent US sanctions against oil company NIS

08 October 2025 - For NIS in Serbia, doing business is becoming exceptionally difficult as the United States is imposing sanctions, starting with payment systems

Montenegro tender contractor marking liquid oil derived fuel biofuel

Montenegro seeks contractor for marking liquid oil-derived fuel, biofuel

30 September 2025 - The Ministry of Energy and Mining of Montenegro is selecting of a legal person that would be tasked with marking liquid fuel and biofuel

Romania risks blackouts if it shuts coal plants as scheduled

Romania risks blackouts if it shuts coal plants as scheduled

19 September 2025 - Minister of Energy Bogdan Ivan claims that energy poverty or even blackouts could hit Romania if it proceeds with the closure of coal plants

Environmentalists warn EU Bulgarian coal plants breaching pollution rules

Environmentalists warn EU that Bulgaria ignores coal plants breaching pollution rules

09 September 2025 - Greenpeace Bulgaria and Za Zemiata wrote a complaint to the European Commission as the authorities are ignoring environmental breaches at four coal plants

curtailments wind farm renewables greece

Renewables keep top spot in Greece’s power mix despite surge in curtailments

06 August 2025 - In the first half of 2025, curtailments amounted to 1,327 GWh, equivalent to 9.6% of Greece’s total renewable electricity output.

iea report electricity prices

US electricity prices soar 40% in H1 2025, outpacing EU’s 30% increase

01 August 2025 - The penetration of negative prices in EU continues, with their share doubling in H1 2025, according to IEA's latest report

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