Oil trader Gunvor set to take over Lukoil’s refineries, fuel chains in Southeast Europe
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
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
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
Investment risk highest for nuclear power, lowest for solar
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
The European Commission aims to stop by 2027 the purchases of Russian gas, including LNG, and oil, and phase out nuclear fuel imports