Serbia plans to stop using coal, fuel oil in district heating by 2040
Serbia is also preparing a strategic plan for the district heating decarbonization policy, the Ministry of Mining and Energy noted
Romania to take control of Lukoil’s assets
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 in Greece for CO2 capture, storage nearing EUR 4 billion
Carbon capture and storage (CCS) projects worth as much as EUR 3.6 billion are under development in Greece
US torpedoes Lukoil’s deal to sell its overseas business to Gunvor
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
Hungary and Slovakia oppose the Russian gas ban, but the Energy Council envisages exceptions for EU states and even the Western Balkans
Hungary’s Szijjártó: MOL to supply more oil, fuel to Serbia amid sanctions
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
Šušnjar: Croatia prepared to buy oil company NIS in Serbia
US sanctions against the Russian-owned NIS have taken effect, and Šušnjar claims the acquisition would benefit both Serbia and Croatia.
Serbia’s economy in uncharted territory amid imminent US sanctions against oil company NIS
For NIS in Serbia, doing business is becoming exceptionally difficult as the United States is imposing sanctions, starting with payment systems