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

gunvor lukoil oil sale

Oil trader Gunvor set to take over Lukoil’s refineries, fuel chains in Southeast Europe

30 October 2025 - Lukoil has decided to sell its assets outside Russia to Gunvor, owned by Swedish billionaire Torbjörn Törnqvist

Lukoil refinery Petrotel romania sanctions

Russia’s Lukoil to sell refineries, fuel chains in Southeast Europe amid US sanctions

28 October 2025 - Lukoil operates oil refineries in Bulgaria and Romania, as well as fuel retail chains across the region

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

Institute for Global Sustainability study construction time energy projects nuclear solar

Investment risk highest for nuclear power, lowest for solar

04 June 2025 - Boston University Institute for Global Sustainability published a study on construction cost overruns and time delays in global energy projects

EU outlines measures end Russian gas oil imports end 2027

EU outlines measures to end Russian gas, oil imports by end-2027

07 May 2025 - The European Commission aims to stop by 2027 the purchases of Russian gas, including LNG, and oil, and phase out nuclear fuel imports

croatia methane greenpeace catf analysis oil gas ina

Croatia among EU’s top three emitters of methane from oil, gas industry

08 April 2025 - The first large independent analysis in Croatia of methane emissions from the oil and gas infrastructure was carried out, according to Greenpeace Croatia

US court rules Greenpeace pay over USD 660 million oil pipeline operator

US court rules Greenpeace must pay over USD 660 million to oil pipeline operator

21 March 2025 - A North Dakota state court found Greenpeace liable for more than USD 660 million in damages to Energy Transfer, which controls the Dakota Access Pipeline

Serbia and Hungary continue to strengthen energy cooperation

Serbia, Hungary continue strengthening energy cooperation

14 February 2025 - Minister Đedović Handanović and her Hungarian counterpart Péter Szijjártó discussed strengthening bilateral energy cooperation

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