North Macedonia unveils EUR 5.7 billion plan for new power plants, energy storage
North Macedonia's 2026 plan includes 67 power plant projects of at least 1 MW each, for investments totaling an estimated EUR 3.74 billion
Romanian tomato grower to halve costs by installing own cogeneration units
One of the largest greenhouse tomato growers in Romania is about to start generating power and heat and capturing CO2
Lukoil strikes provisional deal for sale of its foreign assets to Carlyle
Lukoil signed a conditional agreement to sell its international business under US sanctions to Carlyle, based in Washington DC
Ortutay: MOL to keep Rijeka refinery in Croatia in operation after taking over Serbian NIS
Both for Croatian oil and gas company INA and MOL Group, the Rijeka refinery is a strategic asset, INA CEO Zsuzsanna Ortutay stressed.
Davos: China reaffirms green agenda as US slams EU’s net-zero goal
China reiterated its commitment to green development, in contrast to the US, whose commerce secretary said in Davos that America should rely on oil and gas
MOL, Gazprom Neft agree term sheet for takeover of Serbian NIS
MOL drew up a term sheet with Gazprom Neft regarding the proposed purchase of Serbian oil refiner and fuel stations operator NIS
Szijjártó: First major step toward deal for NIS in Serbia possible within days
Minister of Foreign Affairs and Trade of Hungary Péter Szijjártó said a significant step toward a deal for NIS can be expected in the coming days.
Serbia developing legal framework for CO2 storage
Serbia's draft law on hydrocarbon exploration and exploitation will include permanent disposal of CO2 in geological formations of depleted deposits