oil
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
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
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
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’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
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’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
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 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 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 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, Hungary continue strengthening energy cooperation
14 February 2025 - Minister Đedović Handanović and her Hungarian counterpart Péter Szijjártó discussed strengthening bilateral energy cooperation
Greece becomes net electricity exporter in 2024
10 February 2025 - Greece went from net electricity imports of 18% in 2019 to a small surplus in the balance last year, mostly attributed to gas power plants
Trump scraps US climate policy, blocks offshore wind, exits Paris Agreement
21 January 2025 - President Donald Trump substantially reversed the US energy and climate policy. He is withdrawing the country from the Paris Agreement again.
Trump declaring energy emergency to ‘Drill, baby, drill’
20 January 2025 - In his inauguration address, United States President Donald Trump vowed to bring energy prices down, with an emphasis on raising oil and gas production
Vučić: US sanctions on Gazprom Neft forcing its exit from Serbian oil refiner NIS
10 January 2025 - President of Serbia Aleksandar Vučić said new US sanctions would force Russia's Gazprom Neft to urgently exit ownership over NIS